Essex Property Trust
About: Essex Property Trust owns a portfolio of 257 apartment communities with over 62,000 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Employees: 1,715
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
211% more call options, than puts
Call options by funds: $38.3M | Put options by funds: $12.3M
25% more funds holding in top 10
Funds holding in top 10: 8 [Q1] → 10 (+2) [Q2]
7% more repeat investments, than reductions
Existing positions increased: 235 | Existing positions reduced: 219
0.56% more ownership
Funds ownership: 98.72% [Q1] → 99.28% (+0.56%) [Q2]
1% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 67
4% less capital invested
Capital invested by funds: $18.8B [Q1] → $18.1B (-$670M) [Q2]
2% less funds holding
Funds holding: 617 [Q1] → 605 (-12) [Q2]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Evercore ISI Group
Steve Sakwa
|
$283
|
In-Line
Maintained
|
15 Sep 2025 |
Wells Fargo
James Feldman
|
$279
|
Equal-Weight
Maintained
|
27 Aug 2025 |
Morgan Stanley
Adam Kramer
|
$285
|
Equal-Weight
Maintained
|
13 Aug 2025 |
Truist Securities
Michael Lewis
|
$283
|
Hold
Maintained
|
12 Aug 2025 |
Barclays
Richard Hightower
|
$298
|
Equal-Weight
Maintained
|
12 Aug 2025 |
Scotiabank
Nicholas Yulico
|
$309
|
Sector Outperform
Maintained
|
5 Aug 2025 |
Piper Sandler
Alexander Goldfarb
|
$275
|
Neutral
Downgraded
|
4 Aug 2025 |
RBC Capital
Brad Heffern
|
$307
|
Outperform
Maintained
|
31 Jul 2025 |
Stifel
Simon Yarmak
|
$306
|
Hold
Maintained
|
30 Jul 2025 |
UBS
Michael Goldsmith
|
$295
|
Neutral
Maintained
|
15 Jul 2025 |
Raymond James
Buck Horne
|
$315
|
Outperform
Upgraded
|
24 Jun 2025 |
Financial journalist opinion
Based on 6 articles about ESS published over the past 30 days