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Strs Ohio Sells 12,897 Shares of Essex Property Trust, Inc. $ESS
Strs Ohio reduced its stake in Essex Property Trust, Inc. by 13.6% in the fourth quarter, selling 12,897 shares and retaining 82,145 shares valued at $21.50 million. The company reported a Q4 EPS of $1.65, missing estimates, though revenue slightly exceeded expectations, and they raised their quarterly dividend to $2.59. Various other institutional investors adjusted their holdings in ESS, while analysts issued mixed ratings with an average price target of $280.72.