Empire State Realty OP (NYSE:ESBA) Coverage Initiated by Analysts at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of Empire State Realty OP (NYSE:ESBA) in a research note issued to investors on Friday. The brokerage set a “hold” rating on the stock.

Empire State Realty OP Stock Down 1.5 %

NYSE ESBA opened at $7.66 on Friday. Empire State Realty OP has a 12 month low of $7.52 and a 12 month high of $11.50. The company has a 50-day moving average of $8.76 and a 200-day moving average of $9.92.

Institutional Trading of Empire State Realty OP

Institutional investors and hedge funds have recently made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new stake in Empire State Realty OP during the fourth quarter worth about $138,000. Brighton Jones LLC purchased a new stake in shares of Empire State Realty OP during the 4th quarter worth about $156,000. Bard Associates Inc. acquired a new stake in Empire State Realty OP during the 4th quarter worth approximately $293,000. Raymond James Financial Inc. acquired a new stake in Empire State Realty OP during the 4th quarter worth approximately $119,000. Finally, Boston Research & Management Inc. purchased a new position in Empire State Realty OP in the fourth quarter valued at approximately $109,000.

About Empire State Realty OP

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