The institutional investor held 2.33 million shares of the consumer services company at the end of 2016Q4, valued at $542.83M, up from 2.09 million at the end of the previous reported quarter. MA now owns 4,778,303 shares of the real estate investment trust's stock valued at $107,894,000 after buying an additional 883,587 shares during the last quarter. Creative Planning's holdings in STARWOOD PROPERTY TRUST, INC. were worth $698,000 as of its most recent filing with the SEC. MA increased its stake in STARWOOD PROPERTY TRUST, INC.by 22.7% in the first quarter. Alliancebernstein L.P. downsized its stake by shedding 25,704 shares a decrease of 1.8% in the quarter. The value of the company's investment in Liberty Property Trust went from $2,859,000 to $2,809,000 a change of $50,000 since the last quarter. Finally, Northern Oak Wealth Management Inc. purchased a new stake in shares of STARWOOD PROPERTY TRUST, INC. during the first quarter worth approximately $201,000. As of the end of the quarter Systematic Financial Management Lp had bought a total of 240,921 shares growing its stake by 87.7%. Penserra Capital Management LLC now owns 5,867 shares of the real estate investment trust's stock worth $132,000 after buying an additional 2,015 shares during the last quarter. (NYSE STWD) opened at 22.06 on Wednesday. Shares saw a steep decrease in trading volume of 97.22% under the normal average daily volume. Daiwa Securities Group Inc who had been investing in Essex Ppty Tr for a number of months, seems to be bullish on the $17.37 billion market cap company.
The stock last traded at $21.13 barely below $22.11, the 50 day moving average and which is much lower than the 200 day moving average of $22.30. EUDY JOHN D sold $1.09M worth of Essex Property Trust Inc (NYSE:ESS) on Thursday, May 11. The stock of Essex Property Trust Inc (NYSE:ESS) has "Sell" rating given on Wednesday, January 27 by Zelman. The real estate investment trust reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.03. The company had revenue of $74.86 million for the quarter, compared to analysts' expectations of $79.51 million. Starwood Property Trust had a return on equity of 11.39% and a net margin of 55.89%. During the same quarter in the prior year, the firm posted $2.74 earnings per share.
Several equities research analysts have commented on the stock. Additionally the company declared a dividend for shareholders paid on Saturday July 15th, 2017. The ex-dividend date was Thursday the 29th of June 2017. This represents a $1.92 annualized dividend and a dividend yield of 8.70%. Advisers Ltd Liability Company has invested 0% of its portfolio in Columbia Property Trust Inc (NYSE:CXP).
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Among 8 analysts covering Columbia Property Trust (NYSE:CXP), 4 have Buy rating, 0 Sell and 4 Hold. BidaskClub upgraded Essex Property Trust from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, June 20th. The stock of Essex Property Trust Inc (NYSE:ESS) has "Hold" rating given on Monday, October 31 by Canaccord Genuity. They noted that the move was a valuation call. Deutsche Commercial Bank Ag reported 0% in Columbia Property Trust Inc (NYSE:CXP). Goldman Sachs maintained the stock with "Neutral" rating in Thursday, June 22 report. The stock has "Hold" rating by Jefferies on Monday, December 12. Raymond James downgraded it to "Hold" rating and $27000 target in Wednesday, August 9 report.
These firms have also modified their investment in LPT. Following the completion of the sale, the director now owns 20,944 shares of the company's stock, valued at $452,809.28. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The total value of its holdings increased 98.2%. Institutional investors and hedge funds own 64.12% of the company's stock. The disclosure for this sale can be found here. 1,846,226 shares of the stock traded hands. The fund owned 32,800 shares of the real estate investment trust's stock after selling 23,600 shares during the period. The Firm is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities, located along the West Coast.