Landscape Capital Management Has Raised By $1.93 Million Its Essex Ppty Tr (ESS) Holding; Cenovus Energy (CVE) SI Decreased By 29.99%

June 19, 2017 - By Clifton Ray

Landscape Capital Management Llc increased Essex Ppty Tr Inc (ESS) stake by 461.11% reported in 2016Q4 SEC filing. Landscape Capital Management Llc acquired 8,300 shares as Essex Ppty Tr Inc (ESS)’s stock rose 11.60%. The Landscape Capital Management Llc holds 10,100 shares with $2.35M value, up from 1,800 last quarter. Essex Ppty Tr Inc now has $17.66B valuation. The stock rose 0.14% or $0.38 reaching $266.68 per share. About 120,553 shares traded. Essex Property Trust Inc (NYSE:ESS) has risen 15.01% since June 19, 2016 and is uptrending. It has underperformed by 1.69% the S&P500.

Cenovus Energy Incorporated (NYSE:CVE) had a decrease of 29.99% in short interest. CVE’s SI was 9.64 million shares in June as released by FINRA. Its down 29.99% from 13.77 million shares previously. With 3.70M avg volume, 3 days are for Cenovus Energy Incorporated (NYSE:CVE)’s short sellers to cover CVE’s short positions. The SI to Cenovus Energy Incorporated’s float is 1.16%. About 1.60 million shares traded. Cenovus Energy Inc (USA) (NYSE:CVE) has declined 34.01% since June 19, 2016 and is downtrending. It has underperformed by 50.71% the S&P500.

Among 14 analysts covering Cenovus Energy Inc (NYSE:CVE), 6 have Buy rating, 2 Sell and 6 Hold. Therefore 43% are positive. Cenovus Energy Inc had 19 analyst reports since July 21, 2015 according to SRatingsIntel. Macquarie Research downgraded the stock to “Underperform” rating in Tuesday, January 24 report. Goldman Sachs upgraded Cenovus Energy Inc (USA) (NYSE:CVE) on Tuesday, January 26 to “Buy” rating. The stock of Cenovus Energy Inc (USA) (NYSE:CVE) earned “Neutral” rating by Goldman Sachs on Tuesday, December 1. The stock has “Neutral” rating by Macquarie Research on Thursday, March 30. The firm has “Neutral” rating by Bank of America given on Friday, August 19. The stock of Cenovus Energy Inc (USA) (NYSE:CVE) has “Neutral” rating given on Tuesday, January 26 by UBS. JP Morgan maintained the stock with “Neutral” rating in Tuesday, December 15 report. The stock has “Conviction Buy” rating by Goldman Sachs on Friday, March 11. The firm has “Neutral” rating given on Thursday, January 21 by Nomura. The rating was reinitiated by Credit Suisse on Friday, May 26 with “Outperform”.

Cenovus Energy Inc. is a Canada-based integrated oil company. The company has market cap of $9.83 billion. The Firm is engaged in the business of developing, producing and marketing crude oil, natural gas liquids and natural gas. It currently has negative earnings. The Company’s divisions include Oil Sands, Conventional, Refining and Marketing, and Corporate and Eliminations.

Among 20 analysts covering Essex Property Trust (NYSE:ESS), 7 have Buy rating, 2 Sell and 11 Hold. Therefore 35% are positive. Essex Property Trust had 43 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by BTIG Research on Thursday, August 25. The rating was downgraded by Sandler O’Neill to “Hold” on Monday, May 2. The stock of Essex Property Trust Inc (NYSE:ESS) earned “Buy” rating by Mizuho on Monday, February 8. The firm earned “Underperform” rating on Monday, June 12 by Evercore. The stock of Essex Property Trust Inc (NYSE:ESS) earned “Neutral” rating by DA Davidson on Friday, September 18. BB&T Capital initiated the shares of ESS in report on Tuesday, November 10 with “Buy” rating. On Tuesday, July 19 the stock rating was maintained by Barclays Capital with “Equalweight”. The stock of Essex Property Trust Inc (NYSE:ESS) has “Hold” rating given on Thursday, May 18 by SunTrust. The rating was downgraded by Zelman on Wednesday, January 27 to “Sell”. The firm has “Market Outperform” rating given on Thursday, September 17 by JMP Securities.

Investors sentiment increased to 0.99 in 2016 Q4. Its up 0.17, from 0.82 in 2016Q3. It improved, as 37 investors sold ESS shares while 133 reduced holdings. 36 funds opened positions while 132 raised stakes. 64.61 million shares or 1.81% more from 63.46 million shares in 2016Q3 were reported. Nuveen Asset Ltd holds 418,963 shares. Swiss Retail Bank holds 0.1% or 279,952 shares in its portfolio. Calamos Lc owns 7,104 shares for 0.01% of their portfolio. Profund Advisors Ltd Company has 0.04% invested in Essex Property Trust Inc (NYSE:ESS). State Of Alaska Department Of Revenue reported 0.64% stake. Lazard Asset Mngmt Ltd Co accumulated 24,265 shares. Henderson Grp Incorporated Plc invested in 0.01% or 8,347 shares. Renaissance Technologies invested in 0% or 7,000 shares. Hightower Advsrs Ltd Liability Corp reported 10,586 shares or 0.03% of all its holdings. Kayne Anderson Rudnick Inv Ltd holds 0.03% or 10,250 shares. Duff Phelps Inv Mgmt holds 1.31% of its portfolio in Essex Property Trust Inc (NYSE:ESS) for 391,448 shares. Pggm Invs reported 866,000 shares. Thrivent Financial For Lutherans owns 0.03% invested in Essex Property Trust Inc (NYSE:ESS) for 33,723 shares. Rhumbline Advisers has 0.07% invested in Essex Property Trust Inc (NYSE:ESS). State Of New Jersey Common Pension Fund D has 165,086 shares.

Since December 27, 2016, it had 0 insider buys, and 21 sales for $20.85 million activity. ZIMMERMAN CRAIG K had sold 167 shares worth $43,921. SCORDELIS BYRON A had sold 5,250 shares worth $1.23M. LYONS IRVING F III sold $260,321 worth of Essex Property Trust Inc (NYSE:ESS) on Thursday, May 18. Sears Janice L. also sold $761,760 worth of Essex Property Trust Inc (NYSE:ESS) on Monday, May 22. On Thursday, May 11 the insider EUDY JOHN D sold $1.09M. $3.45 million worth of stock was sold by SCHALL MICHAEL J on Friday, May 12. Kleiman Angela L. sold $862,280 worth of stock or 3,417 shares.

Landscape Capital Management Llc decreased Ishares Tr (IWO) stake by 180,536 shares to 12,541 valued at $1.93M in 2016Q4. It also reduced Boston Properties Inc (NYSE:BXP) stake by 13,800 shares and now owns 29,300 shares. Gridsum Hldg Inc was reduced too.