Brookfield Asset Management Continues to Hold Stake in Essex Ppty Tr (ESS); Teacher Retirement System Of Texas Stake in Service Intl (SCI) Has Increased by $1.80 Million as Share Price Rose

April 25, 2018 - By Clifton Ray

Service Corporation International (NYSE:SCI) Logo

Teacher Retirement System Of Texas increased its stake in Service Corp Intl (SCI) by 313.96% based on its latest 2017Q4 regulatory filing with the SEC. Teacher Retirement System Of Texas bought 48,727 shares as the company’s stock rose 0.24% while stock markets declined. The institutional investor held 64,247 shares of the other consumer services company at the end of 2017Q4, valued at $2.40 million, up from 15,520 at the end of the previous reported quarter. Teacher Retirement System Of Texas who had been investing in Service Corp Intl for a number of months, seems to be bullish on the $7.05B market cap company. The stock decreased 0.93% or $0.36 during the last trading session, reaching $38.24. About 1.45M shares traded or 25.03% up from the average. Service Corporation International (NYSE:SCI) has risen 22.48% since April 25, 2017 and is uptrending. It has outperformed by 10.93% the S&P500.

Brookfield Asset Management Inc increased its stake in Essex Ppty Tr Inc (ESS) by 4.25% based on its latest 2017Q4 regulatory filing with the SEC. Brookfield Asset Management Inc bought 21,648 shares as the company’s stock declined 2.27% with the market. The hedge fund held 531,004 shares of the consumer services company at the end of 2017Q4, valued at $128.17 million, up from 509,356 at the end of the previous reported quarter. Brookfield Asset Management Inc who had been investing in Essex Ppty Tr Inc for a number of months, seems to be bullish on the $16.23 billion market cap company. The stock increased 0.13% or $0.31 during the last trading session, reaching $237.63. About 397,908 shares traded. Essex Property Trust, Inc. (NYSE:ESS) has risen 0.21% since April 25, 2017 and is uptrending. It has underperformed by 11.34% the S&P500.

Since December 11, 2017, it had 0 insider buys, and 2 selling transactions for $3.33 million activity. $121,632 worth of stock was sold by COELHO TONY on Friday, February 16.

Among 6 analysts covering Service Corporation International (NYSE:SCI), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Service Corporation International had 18 analyst reports since October 29, 2015 according to SRatingsIntel. Oppenheimer maintained the shares of SCI in report on Tuesday, September 26 with “Buy” rating. Oppenheimer maintained the stock with “Buy” rating in Thursday, November 2 report. Credit Suisse maintained the shares of SCI in report on Monday, February 5 with “Buy” rating. Wells Fargo initiated Service Corporation International (NYSE:SCI) on Tuesday, August 2 with “Market Perform” rating. The rating was reinitiated by Credit Suisse on Friday, November 3 with “Outperform”. Oppenheimer maintained Service Corporation International (NYSE:SCI) on Monday, July 17 with “Buy” rating. The firm earned “Buy” rating on Wednesday, July 26 by Oppenheimer. As per Wednesday, February 21, the company rating was maintained by Bank of America. The firm has “Buy” rating by Oppenheimer given on Sunday, April 22. The firm has “Buy” rating given on Wednesday, June 21 by Oppenheimer.

Teacher Retirement System Of Texas, which manages about $14.97 billion US Long portfolio, decreased its stake in Citigroup Inc (NYSE:C) by 1.06 million shares to 1.27M shares, valued at $94.73M in 2017Q4, according to the filing. It also reduced its holding in United Rentals Inc (NYSE:URI) by 542,644 shares in the quarter, leaving it with 23,032 shares, and cut its stake in Alphabet Inc.

Investors sentiment increased to 1.4 in Q4 2017. Its up 0.17, from 1.23 in 2017Q3. It improved, as 28 investors sold SCI shares while 81 reduced holdings. 45 funds opened positions while 108 raised stakes. 153.16 million shares or 0.03% more from 153.11 million shares in 2017Q3 were reported. Advantus Cap Management invested 0.02% of its portfolio in Service Corporation International (NYSE:SCI). Northern Corp invested in 0.01% or 1.57 million shares. California Employees Retirement Systems reported 407,106 shares. New South Mngmt invested 2.13% of its portfolio in Service Corporation International (NYSE:SCI). Weaver C Barksdale Assoc stated it has 459 shares or 0.02% of all its holdings. Lpl Financial holds 50,646 shares or 0.01% of its portfolio. 40,010 were reported by Teachers Retirement System Of The State Of Kentucky. Ledyard Natl Bank stated it has 0% in Service Corporation International (NYSE:SCI). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Service Corporation International (NYSE:SCI) for 10,111 shares. Hudock Capital Gp Ltd Company holds 0% in Service Corporation International (NYSE:SCI) or 125 shares. Daiwa Gp owns 181,791 shares for 0.05% of their portfolio. Argent Co invested in 1.09% or 108,776 shares. Public Employees Retirement Association Of Colorado accumulated 0.51% or 2.13M shares. 91,308 were reported by Millennium Mngmt Lc. Robeco Institutional Asset Mgmt Bv invested in 0.07% or 345,000 shares.

Among 28 analysts covering Essex Property Trust (NYSE:ESS), 15 have Buy rating, 2 Sell and 11 Hold. Therefore 54% are positive. Essex Property Trust had 93 analyst reports since July 21, 2015 according to SRatingsIntel. SunTrust downgraded Essex Property Trust, Inc. (NYSE:ESS) rating on Tuesday, March 20. SunTrust has “Hold” rating and $253.0 target. On Thursday, July 23 the stock rating was initiated by Canaccord Genuity with “Hold”. The firm has “Hold” rating given on Tuesday, February 9 by Canaccord Genuity. The rating was initiated by BTIG Research on Thursday, August 25 with “Buy”. On Thursday, May 18 the stock rating was downgraded by SunTrust to “Hold”. The firm has “Overweight” rating given on Monday, May 16 by Capital One. The stock has “Overweight” rating by Barclays Capital on Tuesday, January 30. BMO Capital Markets maintained Essex Property Trust, Inc. (NYSE:ESS) on Tuesday, January 9 with “Hold” rating. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, October 26. Sandler O’Neill maintained the stock with “Hold” rating in Tuesday, March 20 report.

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.24, from 1.3 in 2017Q3. It worsened, as 40 investors sold ESS shares while 124 reduced holdings. 45 funds opened positions while 129 raised stakes. 62.32 million shares or 0.92% less from 62.90 million shares in 2017Q3 were reported. Trust Com Of Vermont has invested 0.03% in Essex Property Trust, Inc. (NYSE:ESS). Brown Brothers Harriman & owns 7 shares for 0% of their portfolio. Putnam Limited Liability Company has invested 0% of its portfolio in Essex Property Trust, Inc. (NYSE:ESS). Tennessee-based Ftb Advsr has invested 0% in Essex Property Trust, Inc. (NYSE:ESS). First LP stated it has 0.01% of its portfolio in Essex Property Trust, Inc. (NYSE:ESS). The Arizona-based Ironwood Investment Counsel Ltd Limited Liability Company has invested 0.09% in Essex Property Trust, Inc. (NYSE:ESS). 2,114 were accumulated by Brinker. Price T Rowe Associate Inc Md invested in 0.06% or 1.47 million shares. Bnp Paribas Asset Mngmt Sa has invested 0.07% in Essex Property Trust, Inc. (NYSE:ESS). Moody Financial Bank Division stated it has 0.02% in Essex Property Trust, Inc. (NYSE:ESS). Chilton Management Ltd Liability Corporation accumulated 92,266 shares. Victory Capital Mgmt Inc invested 0% in Essex Property Trust, Inc. (NYSE:ESS). Iowa Bancorp stated it has 1,555 shares. Atlantic Grp Limited Co holds 54,860 shares. Security Cap Rech And Mgmt Inc reported 1.29% of its portfolio in Essex Property Trust, Inc. (NYSE:ESS).

Since December 11, 2017, it had 0 insider purchases, and 5 insider sales for $2.12 million activity. Kleiman Angela L. also sold $148,296 worth of Essex Property Trust, Inc. (NYSE:ESS) shares. On Monday, December 11 the insider ZIMMERMAN CRAIG K sold $247,487. EUDY JOHN D sold $420,308 worth of stock or 1,700 shares. $111,715 worth of Essex Property Trust, Inc. (NYSE:ESS) was sold by MARTIN GARY P.

Essex Property Trust, Inc. (NYSE:ESS) Institutional Positions Chart

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