Cohen & Steers Reduces $325M in Essex Property Trust, Inc. ($ESS)

Key Points

  • Cohen & Steers changed its Essex Property Trust, Inc. ($ESS) stake by 19.3% last quarter, cutting to 4,843,126 shares worth $1.36 billion.
  • Wall Street's consensus rating on $ESS is Hold and an average price target of $286.50.
  • $ESS last traded around $280.59.

Cohen & Steers reduced its position in Essex Property Trust, Inc. ($ESS) by 19.3% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,843,126 shares of Essex Property Trust, Inc. after selling 1,156,704 shares during the quarter. Cohen & Steers's holdings in Essex Property Trust, Inc. were worth $1.36 billion as of its most recent filing.

Essex Property Trust, Inc. ($ESS) Stock

Last price$280.59
Market cap$18.23B
P/E ratio31.95
Forward P/E47.10
PEG ratio7.02
Beta0.73
52-week low$238.46
52-week high$294.09
50-day MA$266.14
200-day MA$259.46
Current ratio0.30
Quick ratio0.06
Debt-to-equity1.22

Essex Property Trust, Inc. Earnings

EPS (ttm)$8.88
Revenue (ttm)$1.97B
Revenue growth6.4%
Net margin29.1%
Return on equity10.6%
Next earningsApr 28, 2026

Essex Property Trust, Inc. Dividend

Annual dividend$10.36
Dividend yield365.00%
Payout ratio115.9%
Ex-dividend dateJun 30, 2026

Analysts Set New Price Targets

ConsensusHold
Average target$286.50
High target$310.00
Low target$239.00
Analysts covering23

About Essex Property Trust, Inc.

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust. The firm acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 259 apartment communities comprising over 63,000 apartment homes with an additional property in active development. Essex Property Trust, Inc. was incorporated in 1971 in Maryland and is based in San Mateo, United States.

ExchangeNYSE
SectorReal Estate
IndustryREIT - Residential
HeadquartersSan Mateo, CA
CEOMs. Angela L. Kleiman
Employees1,686

See Also

This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.