Bailard Lowered By $486,267 Its Extended Stay Amer (STAY) Stake; Essex Property Trust (ESS) SI Increased By 12.79%

Bailard Inc decreased Extended Stay Amer Inc (STAY) stake by 31.46% reported in 2017Q3 SEC filing. Bailard Inc sold 25,593 shares as Extended Stay Amer Inc (STAY)’s stock rose 2.18%. The Bailard Inc holds 55,756 shares with $1.12M value, down from 81,349 last quarter. Extended Stay Amer Inc now has $3.89 billion valuation. The stock decreased 1.22% or $0.25 during the last trading session, reaching $20.24. About 2.33 million shares traded or 0.76% up from the average. Extended Stay America, Inc. (NYSE:STAY) has risen 30.00% since January 30, 2017 and is uptrending. It has outperformed by 13.30% the S&P500.

Essex Property Trust Incorporated (NYSE:ESS) had an increase of 12.79% in short interest. ESS’s SI was 1.86 million shares in January as released by FINRA. Its up 12.79% from 1.65 million shares previously. With 306,400 avg volume, 6 days are for Essex Property Trust Incorporated (NYSE:ESS)’s short sellers to cover ESS’s short positions. The SI to Essex Property Trust Incorporated’s float is 2.85%. The stock decreased 0.91% or $2.09 during the last trading session, reaching $227.74. About 248,329 shares traded. Essex Property Trust, Inc. (NYSE:ESS) has risen 15.01% since January 30, 2017 and is uptrending. It has underperformed by 1.69% the S&P500.

Investors sentiment increased to 1.3 in 2017 Q3. Its up 0.13, from 1.17 in 2017Q2. It improved, as 21 investors sold Essex Property Trust, Inc. shares while 118 reduced holdings. 44 funds opened positions while 137 raised stakes. 62.90 million shares or 2.83% less from 64.73 million shares in 2017Q2 were reported. Lpl Finance Ltd Llc holds 1,026 shares. Klingenstein Fields And Co Ltd Liability Corporation stated it has 4,291 shares or 0.04% of all its holdings. Parkside State Bank And Tru has invested 0% in Essex Property Trust, Inc. (NYSE:ESS). Creative Planning invested 0.01% of its portfolio in Essex Property Trust, Inc. (NYSE:ESS). Fiduciary, a Massachusetts-based fund reported 1,827 shares. Glenmede Tru Na holds 0% of its portfolio in Essex Property Trust, Inc. (NYSE:ESS) for 15 shares. The Rhode Island-based Amica Pension Fund Board Of Trustees has invested 0.07% in Essex Property Trust, Inc. (NYSE:ESS). Bailard Inc invested in 1,039 shares. Washington Tru National Bank & Trust invested in 0.02% or 466 shares. Norinchukin National Bank The has invested 0.02% in Essex Property Trust, Inc. (NYSE:ESS). Korea Inv holds 0.05% or 46,208 shares in its portfolio. Amalgamated Commercial Bank stated it has 7,507 shares or 0.06% of all its holdings. Moreover, Quantitative Systematic Strategies Limited Company has 0.21% invested in Essex Property Trust, Inc. (NYSE:ESS). Timber Hill Limited Liability Com holds 1,447 shares. Commonwealth Commercial Bank Of owns 39 shares or 0% of their US portfolio.

Essex Property Trust, Inc. operates as a self-administered and self-managed real estate investment trust in the United States. The company has market cap of $15.55 billion. It engages in the ownership, operation, management, acquisition, development, and redevelopment of apartment communities, as well as commercial properties. It has a 28.55 P/E ratio. As of March 31, 2012, the firm owned or had interests in 158 apartment communities; and 5 commercial buildings, as well as 5 development projects.

Since August 1, 2017, it had 0 insider purchases, and 18 sales for $4.92 million activity. The insider Kleiman Angela L. sold $22,173. 6,265 shares were sold by SCORDELIS BYRON A, worth $1.68 million. EUDY JOHN D also sold $44,083 worth of Essex Property Trust, Inc. (NYSE:ESS) on Thursday, August 10. 333 shares were sold by SCHALL MICHAEL J, worth $87,902 on Thursday, August 10. Another trade for 1,001 shares valued at $247,487 was sold by ZIMMERMAN CRAIG K. Shares for $261,940 were sold by MARTIN GARY P on Tuesday, August 1. 333 shares were sold by Burkart John F., worth $87,193.

Among 26 analysts covering Essex Property Trust (NYSE:ESS), 13 have Buy rating, 3 Sell and 10 Hold. Therefore 50% are positive. Essex Property Trust had 81 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Thursday, November 9. The stock has “Hold” rating by Evercore on Friday, July 15. The firm has “Neutral” rating given on Wednesday, November 23 by Bank of America. The firm has “Buy” rating by Cantor Fitzgerald given on Friday, September 18. JMP Securities initiated the stock with “Market Outperform” rating in Tuesday, September 15 report. The firm earned “Overweight” rating on Tuesday, July 18 by Barclays Capital. The rating was maintained by Canaccord Genuity with “Hold” on Tuesday, November 3. The firm has “Buy” rating given on Monday, February 8 by Mizuho. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, August 16. As per Monday, July 3, the company rating was maintained by BMO Capital Markets.

Among 13 analysts covering Extended Stay America (NYSE:STAY), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Extended Stay America had 29 analyst reports since August 3, 2015 according to SRatingsIntel. On Thursday, January 14 the stock rating was downgraded by M Partners to “Neutral”. Deutsche Bank maintained the shares of STAY in report on Wednesday, October 28 with “Buy” rating. On Monday, September 26 the stock rating was initiated by Goldman Sachs with “Neutral”. The stock of Extended Stay America, Inc. (NYSE:STAY) earned “Buy” rating by M Partners on Monday, December 5. The firm earned “Buy” rating on Wednesday, September 6 by Robert W. Baird. The rating was maintained by Stifel Nicolaus on Tuesday, October 10 with “Buy”. Nomura maintained the shares of STAY in report on Wednesday, November 8 with “Buy” rating. As per Monday, January 8, the company rating was maintained by Robert W. Baird. The firm has “Buy” rating by J.P. Morgan given on Wednesday, December 13. On Thursday, June 29 the stock rating was maintained by Stifel Nicolaus with “Buy”.

Bailard Inc increased Spdr Series Trust (SCPB) stake by 436,125 shares to 1.36M valued at $41.76 million in 2017Q3. It also upped Vanguard Tax Managed Intl Fd (VEA) stake by 11,592 shares and now owns 209,435 shares. State Str Corp (NYSE:STT) was raised too.