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

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

Empire State Realty OP Stock Performance

Shares of NYSE:ESBA opened at $7.02 on Friday. Empire State Realty OP has a 52-week low of $6.39 and a 52-week high of $11.50. The business has a 50-day moving average price of $8.15 and a 200-day moving average price of $9.60.

Institutional Trading of Empire State Realty OP

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Boston Research & Management Inc. acquired a new position in Empire State Realty OP during the fourth quarter valued at $109,000. Raymond James Financial Inc. purchased a new position in shares of Empire State Realty OP during the 4th quarter valued at about $119,000. Janney Montgomery Scott LLC acquired a new position in shares of Empire State Realty OP in the 4th quarter valued at about $138,000. Brighton Jones LLC purchased a new stake in shares of Empire State Realty OP in the fourth quarter worth about $156,000. Finally, Citadel Advisors LLC boosted its stake in shares of Empire State Realty OP by 40.0% in the fourth quarter. Citadel Advisors LLC now owns 17,352 shares of the company’s stock worth $177,000 after buying an additional 4,960 shares during the last quarter.

Empire State Realty OP Company Profile

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