Shares in Gramercy Property Trust (GPT) Acquired by Russell Investments Group Ltd.
- Author: Zachary Reyes Mar 02, 2017,
Mar 02, 2017, 6:21
Millie Capital Management LLC's holdings in Essex Property Trust were worth $1,339,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. (NYSE:ESS) Director Byron A. Scordelis sold 5,250 shares of the firm's stock in a transaction that occurred on Wednesday, March 1st. The fund acquired 804,337 shares of the real estate investment trust's stock, valued at approximately $7,185,000.
Essex Property Trust, Inc.'s (ESS) witnessed a gain of 0.33% in recent trading period with closing price of $ 232.35. State Street Corp now owns 4,802,337 shares of the real estate investment trust's stock valued at $1,116,579,000 after buying an additional 35,667 shares in the last quarter. Sei Investments Co. boosted its position in Gramercy Property Trust by 9.3% in the third quarter.
This news story was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. Virginia Retirement Systems ET AL now owns 333,558 shares of the real estate investment trust's stock worth $3,215,000 after buying an additional 251,500 shares in the last quarter. BlackRock Fund Advisors raised its stake in shares of Essex Property Trust by 3.1% in the third quarter. Daiwa Securities Group Inc. now owns 4,311,826 shares of the real estate investment trust's stock worth $361,072,000 after buying an additional 1,697,422 shares during the period. BlackRock Institutional Trust Company N.A. raised its stake in shares of Essex Property Trust by 1.3% in the second quarter.
Shares of Gramercy Property Trust (NYSE:GPT) traded down 0.75% during trading on Wednesday, hitting $27.75. Shares are now trading -1.316% away from the 52-week high price of 237.500 and +17.182% off the 52-week low of 200.010.
The stock's price switched up 2.68% 20-Days Simple Moving Average, added 2.38% from 50-Days Simple Moving Average and rose 5.44% from 200 Days Simple Moving Average. The firm has a market cap of $15.23 billion, a P/E ratio of 37.06 and a beta of 0.52. Camden Property Trust has a 52-week low of $75.36 and a 52-week high of $90.91.
Essex Property Trust (NYSE:ESS) last released its earnings results on Thursday, February 2nd. Camden Property Trust had a net margin of 93.54% and a return on equity of 14.23%. During the same period in the prior year, the firm earned $1.20 earnings per share. Investors of record on Friday, December 30th will be paid a dividend of $0.125 per share. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. The ex-dividend date is Wednesday, March 29th. Camden Property Trust's dividend payout ratio (DPR) is presently 33.19%. Cantor Fitzgerald set a $250.00 price target on Essex Property Trust and gave the company a "buy" rating in a research note on Tuesday, December 6th. BlackRock Investment Management LLC increased its stake in shares of Gramercy Property Trust by 0.4% in the third quarter.
Receive Gramercy Property Trust News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gramercy Property Trust with MarketBeat.com's FREE daily email newsletter. KeyCorp raised Essex Property Trust to an "overweight" rating in a report on Wednesday, December 21st. BMO Capital Markets restated a "hold" rating and set a $81.00 price objective on shares of Camden Property Trust in a research note on Friday, February 17th.
Several equities research analysts recently issued reports on GPT shares. They now have a United States dollars 83 price target on the stock. The shares were sold at an average price of $228.72, for a total transaction of $800,520.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The disclosure for this sale can be found here. Also, insider Angela L. Kleiman sold 1,200 shares of the company's stock in a transaction dated Thursday, December 15th. The Company is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities.
"Byron A. Scordelis Sells 5,250 Shares of Essex Property Trust, Inc". The Company owns all of its interest in its real estate and other investments directly or indirectly through Essex Portfolio, L.P.