Equities

Essex Property Trust Inc

Essex Property Trust Inc

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Real EstateReal Estate Investment Trusts
  • Price (USD)278.75
  • Today's Change2.66 / 0.96%
  • Shares traded352.64k
  • 1 Year change+13.57%
  • Beta0.8741
Data delayed at least 15 minutes, as of Jul 17 2024 00:00 BST.
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About the company

Essex Property Trust, Inc. is a self-administered and self-managed real estate investment trust. The Company is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities, located along the West Coast of the United States. The Company operates through three segments: California, Northern California and Seattle Metro. The Company owns approximately interests in 256 operating apartment communities, aggregating 63,480 apartment homes. The Company owns all of its interest in its real estate and other investments directly or indirectly through Essex Portfolio, L.P. The Company invests primarily in apartment communities that are located in predominantly coastal markets within Southern California, Northern California, and the Seattle metropolitan area. The Company focuses on acquiring and developing apartment communities in supply constrained markets and redeveloping its existing communities.

  • Revenue in USD (TTM)1.68bn
  • Net income in USD525.02m
  • Incorporated1994
  • Employees1.75k
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Institutional shareholders

54.59%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Mar 20249.91m15.43%
SSgA Funds Management, Inc.as of 31 Mar 20245.50m8.57%
Cohen & Steers Capital Management, Inc.as of 31 Mar 20245.02m7.82%
BlackRock Fund Advisorsas of 31 Mar 20244.42m6.89%
Norges Bank Investment Managementas of 31 Dec 20232.72m4.24%
Principal Global Investors LLCas of 31 Mar 20242.44m3.80%
Geode Capital Management LLCas of 31 Mar 20241.58m2.47%
T. Rowe Price Associates, Inc. (Investment Management)as of 31 Mar 20241.26m1.97%
Massachusetts Financial Services Co.as of 31 Mar 20241.12m1.74%
Fidelity Management & Research Co. LLCas of 31 Mar 20241.07m1.66%
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Data from 31 Dec 2023 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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