Jw Asset Management Has Decreased Its Facebook (FB) Position; Essex Property Trust Has 1.06 Sentiment

May 16, 2018 - By Michael Collier

Essex Property Trust, Inc. (NYSE:ESS) Logo

Essex Property Trust Inc (ESS) investors sentiment decreased to 1.06 in 2017 Q4. It’s down -0.24, from 1.3 in 2017Q3. The ratio has dropped, as 174 active investment managers increased and opened new positions, while 164 reduced and sold their stock positions in Essex Property Trust Inc. The active investment managers in our database now hold: 62.32 million shares, down from 62.90 million shares in 2017Q3. Also, the number of active investment managers holding Essex Property Trust Inc in top ten positions decreased from 8 to 5 for a decrease of 3. Sold All: 40 Reduced: 124 Increased: 129 New Position: 45.

Jw Asset Management Llc decreased Facebook Inc (FB) stake by 31.82% reported in 2017Q4 SEC filing. Jw Asset Management Llc sold 17,500 shares as Facebook Inc (FB)’s stock declined 14.10%. The Jw Asset Management Llc holds 37,500 shares with $6.62 million value, down from 55,000 last quarter. Facebook Inc now has $530.30 billion valuation. The stock decreased 0.61% or $1.12 during the last trading session, reaching $183.2. About 15.54 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since May 16, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Essex Property Trust, Inc. operates as a self-administered and self-managed real estate investment trust in the United States. The company has market cap of $15.72 billion. It engages in the ownership, operation, management, acquisition, development, and redevelopment of apartment communities, as well as commercial properties. It has a 35.03 P/E ratio. As of March 31, 2012, the firm owned or had interests in 158 apartment communities; and 5 commercial buildings, as well as 5 development projects.

The stock decreased 1.56% or $3.65 during the last trading session, reaching $230.13. About 335,404 shares traded. Essex Property Trust, Inc. (ESS) has risen 0.21% since May 16, 2017 and is uptrending. It has underperformed by 11.34% the S&P500.

Since January 1, 0001, it had 0 buys, and 5 sales for $2.12 million activity.

More recent Essex Property Trust, Inc. (NYSE:ESS) news were published by: Seekingalpha.com which released: “Essex Property Trust’s (ESS) CEO Michael Schall on Q1 2018 Results – Earnings Call Transcript” on May 06, 2018. Also Globenewswire.com published the news titled: “Factors of Influence in 2018, Key Indicators and Opportunity within HCA Healthcare, Apartment Investment and …” on May 07, 2018. Prnewswire.com‘s news article titled: “Technical Perspectives on REIT Stocks — AvalonBay Communities, Equity LifeStyle Properties, Essex Property Trust …” with publication date: May 02, 2018 was also an interesting one.

Analysts await Essex Property Trust, Inc. (NYSE:ESS) to report earnings on July, 26. They expect $3.09 EPS, up 4.04% or $0.12 from last year’s $2.97 per share. ESS’s profit will be $211.10 million for 18.62 P/E if the $3.09 EPS becomes a reality. After $3.09 actual EPS reported by Essex Property Trust, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Adelante Capital Management Llc holds 4.1% of its portfolio in Essex Property Trust, Inc. for 312,955 shares. Resolution Capital Ltd owns 356,612 shares or 3.85% of their US portfolio. Moreover, Cbre Clarion Securities Llc has 3.02% invested in the company for 1.09 million shares. The New York-based Cohen & Steers Inc has invested 2.58% in the stock. Garland Capital Management Inc, a Washington-based fund reported 14,970 shares.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on July, 25. They expect $1.72 earnings per share, up 30.30% or $0.40 from last year’s $1.32 per share. FB’s profit will be $4.98B for 26.63 P/E if the $1.72 EPS becomes a reality. After $1.69 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 1.78% EPS growth.

Since December 7, 2017, it had 0 buys, and 50 insider sales for $1.86 billion activity. Zuckerberg Mark sold $76.51 million worth of Facebook, Inc. (NASDAQ:FB) on Thursday, May 3. $6.78M worth of Facebook, Inc. (NASDAQ:FB) was sold by Schroepfer Michael Todd on Tuesday, May 8. Another trade for 16,000 shares valued at $2.83M was made by Cox Christopher K on Thursday, December 7. Sandberg Sheryl sold 55,000 shares worth $10.07M. On Wednesday, April 25 the insider FISCHER DAVID B. sold $822,440. $134,125 worth of Facebook, Inc. (NASDAQ:FB) was sold by Stretch Colin. Wehner David M. sold $2.66 million worth of Facebook, Inc. (NASDAQ:FB) on Thursday, February 22.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Seekingalpha.com which released: “Facebook’s Watch” on May 15, 2018, also Livetradingnews.com with their article: “Facebook, Inc. (NASDAQ:FB) Stock Consolidating” published on May 16, 2018, Finance.Yahoo.com published: “7 ‘Strong Buy’ Stocks Analysts Are Upgrading Now” on May 15, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Seekingalpha.com and their article: “Aswath Damodaran On Facebook, Valuation, And Faith (Podcast)” published on May 15, 2018 as well as Investorplace.com‘s news article titled: “Apple Inc. vs. Facebook, Inc.: Which is the Better Stock?” with publication date: May 16, 2018.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.06, from 1.15 in 2017Q3. It increased, as 57 investors sold FB shares while 621 reduced holdings. 147 funds opened positions while 670 raised stakes. 1.61 billion shares or 1.26% less from 1.63 billion shares in 2017Q3 were reported. Old Mutual Invsts (Uk) Limited has 0.88% invested in Facebook, Inc. (NASDAQ:FB). Systematic Mgmt LP holds 2,000 shares. Granite Point Cap Mgmt Lp holds 0.88% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 50,850 shares. Welch And Forbes Limited Co holds 1.08% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 228,866 shares. Wolverine Asset Mgmt Limited owns 147,825 shares. Lodestar Invest Counsel Limited Liability Company Il has 0.04% invested in Facebook, Inc. (NASDAQ:FB) for 1,915 shares. Whalerock Point Limited Liability Corporation owns 1.5% invested in Facebook, Inc. (NASDAQ:FB) for 26,840 shares. North American Mgmt holds 5,626 shares or 0.15% of its portfolio. 4,063 are owned by Gyroscope Cap Mgmt Ltd Limited Liability Company. Institute For Wealth Mgmt Limited Liability Co accumulated 25,628 shares or 1.03% of the stock. Mutual Of America Capital Mngmt Llc invested 0.81% in Facebook, Inc. (NASDAQ:FB). Tpg Grp (Sbs) Advisors Inc holds 26,084 shares. Oak Ridge Investments Lc reported 135,771 shares. Indiana Trust And Investment Mgmt Company has invested 0.97% in Facebook, Inc. (NASDAQ:FB). 8,968 were reported by Vantage Investment Advisors Ltd Liability Corporation.

Among 55 analysts covering Facebook (NASDAQ:FB), 51 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 269 analyst reports since July 21, 2015 according to SRatingsIntel. SunTrust maintained Facebook, Inc. (NASDAQ:FB) on Thursday, October 19 with “Buy” rating. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Goldman Sachs on Thursday, April 28. As per Tuesday, January 3, the company rating was initiated by Aegis Capital. The rating was maintained by Robert W. Baird on Thursday, April 26 with “Buy”. The rating was maintained by Citigroup with “Buy” on Friday, April 1. The firm has “Overweight” rating given on Thursday, April 28 by JP Morgan. The rating was maintained by Raymond James on Tuesday, March 27 with “Buy”. The rating was maintained by Global Equities Research on Friday, August 28 with “Overweight”. Deutsche Bank maintained Facebook, Inc. (NASDAQ:FB) on Thursday, April 28 with “Buy” rating. The stock of Facebook, Inc. (NASDAQ:FB) earned “Overweight” rating by Piper Jaffray on Thursday, July 30.

Essex Property Trust, Inc. (NYSE:ESS) Institutional Positions Chart

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