Duff & Phelps Investment Management Co. Raises Stock Holdings in Essex Property Trust, Inc. $ESS

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Duff & Phelps Investment Management Co. increased its stake in Essex Property Trust, Inc. (NYSE:ESS) by 2.4% in the third quarter, holding 304,446 shares valued at $81.49 million. Other institutional investors like Sumitomo Mitsui DS Asset Management and JPMorgan Chase & Co. also adjusted their holdings. Analysts currently have a consensus “Hold” rating for ESS with a target price of $282.00, and the company recently announced an increase in its quarterly dividend to $2.59 per share.

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