Empire State Realty OP, L.P. (NYSE:ESBA) Short Interest Update

Empire State Realty OP, L.P. (NYSE:ESBAGet Free Report) was the recipient of a large drop in short interest in February. As of February 29th, there was short interest totalling 700 shares, a drop of 22.2% from the February 14th total of 900 shares. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Empire State Realty OP from a “buy” rating to a “hold” rating in a research report on Saturday, February 24th.

Get Our Latest Research Report on Empire State Realty OP

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ESBA. UBS Group AG increased its stake in shares of Empire State Realty OP by 19.5% in the 1st quarter. UBS Group AG now owns 12,044 shares of the company’s stock worth $118,000 after acquiring an additional 1,967 shares during the last quarter. Raymond James & Associates increased its stake in shares of Empire State Realty OP by 17.7% in the 4th quarter. Raymond James & Associates now owns 20,251 shares of the company’s stock worth $132,000 after acquiring an additional 3,045 shares during the last quarter. Advisor Group Holdings Inc. increased its stake in shares of Empire State Realty OP by 363.6% in the 4th quarter. Advisor Group Holdings Inc. now owns 7,780 shares of the company’s stock worth $51,000 after acquiring an additional 6,102 shares during the last quarter. Creative Planning increased its stake in shares of Empire State Realty OP by 45.5% in the 4th quarter. Creative Planning now owns 17,977 shares of the company’s stock worth $117,000 after acquiring an additional 5,621 shares during the last quarter. Finally, CI Private Wealth LLC acquired a new stake in shares of Empire State Realty OP in the 4th quarter worth $305,000.

Empire State Realty OP Stock Performance

Shares of ESBA stock opened at $9.34 on Friday. The stock’s fifty day moving average is $9.78 and its two-hundred day moving average is $8.93. Empire State Realty OP has a fifty-two week low of $5.08 and a fifty-two week high of $10.50.

Empire State Realty OP Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Friday, March 15th will be issued a $0.035 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $0.14 dividend on an annualized basis and a yield of 1.50%.

Empire State Realty OP Company Profile

(Get Free Report)

Empire State Realty OP, L.P. operates as a subsidiary of Empire State Realty Trust, Inc

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