Large Outflow of Money Witnessed in Essex Property Trust

Essex Property Trust (NYSE:ESS) During the most recent session, the shares traded at 0.57 points or 0.26% higher at $218.04. The money flow data is unimpressive with the net money flow value of $(-10.35) million. As per the intraday data, the upticks measured $23.6 million and the downticks measured $33.96 million. As a result, the up/down ratio registered a value of 0.7. The shares have seen 4.15% price change for the week.A block trade also made an entry with $0 million flowing in through upticks while $9.13 million flew out through downticks. The block tradeoff had the up/down ratio of 0. The net money flow for this big transaction was $(-9.13) million.

Shares of Essex Property Trust Inc. appreciated by 4.16% during the last five trading days but lost 2.45% on a 4-week basis. Essex Property Trust Inc. has dropped 2.87% during the last 3-month period . Year-to-Date the stock performance stands at -8.28%.

Currently the company Insiders own 3.5% of Essex Property Trust shares according to the proxy statements. Institutional Investors own 97.29% of Essex Property Trust shares. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Essex Property Trust Inc, Brady David W, had purchased 722 shares in a transaction dated on February 25, 2015. The transaction was executed at $223.82 per share with total amount equaling $161,598.

Essex Property Trust (NYSE:ESS) rose 0.26% or 0.57 points on Friday and made its way into the gainers of the day. After trading began at $217.18 the stock was seen hitting $218.9 as a peak level and $214.52 as the lowest level. The stock ended up at $218.04. The daily volume was measured at 714,053 shares. The 52-week high of the share price is $244.71 and the 52-week low is $191.25. The company has a market cap of $14,266 million.

Essex Property Trust, Inc. (Essex) is a self-administered and self-managed real estate investment trust (REIT). The Company is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of apartment communities. As of December 31, 2014, the Company owned or held an interest in 239 communities, aggregating 57,455 units, located along the West Coast, as well as four commercial buildings (totaling approximately 325,200 square feet), and 12 active development projects with 2,920 units in various stages of development. The Companys apartment communities are located in Southern California, which include Los Angeles, Orange, Riverside, San Diego, Santa Barbara, and Ventura counties; Northern California, which include the San Francisco Bay Area, and Seattle Metro, which include Seattle metropolitan area.

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