LM Advisors LLC Has $424,000 Stake in Essex Property Trust, Inc. $ESS

Posted by Brian Himes on Jun 14th, 2026

LM Advisors LLC lowered its stake in shares of Essex Property Trust, Inc. (NYSE:ESS – Free Report) by 75.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 1,619 shares of the real estate investment trust’s stock after selling 4,981 shares during the period. LM Advisors LLC’s holdings in Essex Property Trust were worth $424,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Nemes Rush Group LLC acquired a new position in Essex Property Trust during the 4th quarter valued at about $27,000. Generali Asset Management SPA SGR acquired a new position in Essex Property Trust during the 4th quarter valued at about $29,000. Hantz Financial Services Inc. boosted its stake in Essex Property Trust by 57.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 115 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 42 shares during the last quarter. True Wealth Design LLC boosted its stake in Essex Property Trust by 120.0% during the 4th quarter. True Wealth Design LLC now owns 176 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 96 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in Essex Property Trust during the 3rd quarter valued at about $51,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Essex Property Trust Price Performance

Essex Property Trust stock opened at $283.40 on Friday. Essex Property Trust, Inc. has a 52 week low of $238.46 and a 52 week high of $294.09. The company’s 50 day moving average price is $266.09 and its two-hundred day moving average price is $258.56. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.22. The stock has a market cap of $18.21 billion, a P/E ratio of 31.84, a P/E/G ratio of 12.25 and a beta of 0.72.

Essex Property Trust (NYSE:ESS – Get Free Report) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.65 EPS for the quarter, missing the consensus estimate of $3.96 by ($2.31). Essex Property Trust had a return on equity of 10.00% and a net margin of 30.03%.The firm had revenue of $484.76 million for the quarter, compared to the consensus estimate of $479.89 million. During the same period in the prior year, the business earned $3.97 EPS. Essex Property Trust has set its Q2 2026 guidance at 3.920-4.040 EPS. On average, equities analysts predict that Essex Property Trust, Inc. will post 16.08 earnings per share for the current year.

Essex Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $2.59 dividend. This represents a $10.36 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Tuesday, June 30th. Essex Property Trust’s payout ratio is 116.40%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Truist Financial lifted their price target on Essex Property Trust from $273.00 to $286.00 and gave the company a “hold” rating in a research note on Wednesday, May 27th. Barclays lifted their price target on Essex Property Trust from $272.00 to $277.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Royal Bank Of Canada lifted their price target on Essex Property Trust from $282.00 to $288.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. Morgan Stanley set a $293.00 price target on Essex Property Trust in a research note on Friday, May 15th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Essex Property Trust from $272.00 to $275.00 and gave the stock an “underweight” rating in a research report on Monday, May 18th. Six investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $288.44.

Check Out Our Latest Stock Analysis on ESS

Insider Activity at Essex Property Trust

In related news, Director Mary Kasaris sold 600 shares of Essex Property Trust stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $279.45, for a total value of $167,670.00. Following the sale, the director owned 2,394 shares of the company’s stock, valued at approximately $669,003.30. The trade was a 20.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 3.47% of the company’s stock.

Essex Property Trust Company Profile

(Free Report)

Essex Property Trust, Inc (NYSE: ESS) is a publicly traded real estate investment trust that acquires, develops, owns and operates multifamily residential properties. The company focuses on market-rate apartment communities and delivers a full suite of property services including leasing, resident services, asset management, and capital improvement programs designed to preserve and enhance long‑term property values.

Essex concentrates its portfolio in West Coast markets, with a significant presence in California and the Pacific Northwest.