M&T Bank Corp Has $24.37 Million Position in Essex Property Trust, Inc. $ESS

M&T Bank Corp significantly increased its stake in Essex Property Trust (ESS) by 8,827.8% in Q4, holding 93,117 shares valued at $24.37 million. Institutional investors now own 96.51% of ESS. Essex Property Trust reported Q4 EPS of $3.98, missing estimates, but analysts maintain an average “Hold” rating with a target price of $282.

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