Achmea Investment Management B.V. Sells 10,264 Shares of Essex Property Trust, Inc. $ESS

Achmea Investment Management B.V. decreased its holdings in shares of Essex Property Trust, Inc. (NYSE:ESS) by 36.4% during the third quarter, HoldingsChannel reports. The firm owned 17,961 shares of the real estate investment trust’s stock after selling 10,264 shares during the period. Achmea Investment Management B.V.’s holdings in Essex Property Trust were worth $4,807,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Hantz Financial Services Inc. lifted its position in shares of Essex Property Trust by 57.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 115 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 42 shares during the period. CYBER HORNET ETFs LLC purchased a new position in Essex Property Trust during the second quarter valued at approximately $48,000. SJS Investment Consulting Inc. purchased a new position in Essex Property Trust during the third quarter valued at approximately $48,000. Advisory Services Network LLC bought a new position in Essex Property Trust in the third quarter worth approximately $51,000. Finally, MUFG Securities EMEA plc bought a new position in Essex Property Trust in the second quarter worth approximately $54,000. Institutional investors own 96.51% of the company’s stock.

Essex Property Trust Trading Down 1.8%

Shares of NYSE:ESS opened at $246.53 on Thursday. The business’s 50-day moving average is $253.90 and its 200 day moving average is $258.19. Essex Property Trust, Inc. has a 1 year low of $243.25 and a 1 year high of $310.10. The firm has a market capitalization of $15.90 billion, a P/E ratio of 23.68, a P/E/G ratio of 7.88 and a beta of 0.73. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.03 and a quick ratio of 1.03.

Essex Property Trust (NYSE:ESS) last issued its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $3.98 earnings per share for the quarter, missing the consensus estimate of $4.00 by ($0.02). Essex Property Trust had a return on equity of 11.61% and a net margin of 35.48%.The business had revenue of $479.63 million during the quarter, compared to analyst estimates of $474.66 million. During the same period in the prior year, the business posted $3.92 EPS. Essex Property Trust has set its FY 2026 guidance at 15.690-16.190 EPS and its Q1 2026 guidance at 3.890-4.010 EPS. On average, research analysts predict that Essex Property Trust, Inc. will post 15.96 earnings per share for the current fiscal year.

Essex Property Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a $2.59 dividend. This is a boost from Essex Property Trust’s previous quarterly dividend of $2.57. The ex-dividend date is Tuesday, March 31st. This represents a $10.36 dividend on an annualized basis and a yield of 4.2%. Essex Property Trust’s dividend payout ratio (DPR) is 98.75%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. BMO Capital Markets cut Essex Property Trust from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $305.00 to $280.00 in a research report on Friday, January 9th. Barclays reduced their price target on Essex Property Trust from $292.00 to $271.00 and set an “equal weight” rating for the company in a research report on Friday, March 6th. Stifel Nicolaus set a $278.00 price objective on Essex Property Trust in a research note on Thursday, February 5th. Wall Street Zen downgraded Essex Property Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $282.00 target price (down from $304.00) on shares of Essex Property Trust in a research note on Monday, December 15th. Four equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $282.00.

Essex Property Trust Profile

Essex Property Trust, Inc (NYSE: ESS) is a publicly traded real estate investment trust that acquires, develops, owns and operates multifamily residential properties. The company focuses on market-rate apartment communities and delivers a full suite of property services including leasing, resident services, asset management, and capital improvement programs designed to preserve and enhance long‑term property values.

Essex concentrates its portfolio in West Coast markets, with a significant presence in California and the Pacific Northwest.