Empire State Realty OP (NYSE:ESBA) Now Covered by StockNews.com

Posted by Hanz Christensen on Mar 4th, 2025

StockNews.com initiated coverage on shares of Empire State Realty OP (NYSE:ESBA – Free Report) in a research note released on Saturday morning. The brokerage issued a hold rating on the stock.

Empire State Realty OP Price Performance

ESBA stock opened at $8.73 on Friday. Empire State Realty OP has a one year low of $7.85 and a one year high of $11.50. The firm has a 50 day simple moving average of $9.43 and a two-hundred day simple moving average of $10.21.

Empire State Realty OP Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.035 dividend. This represents a $0.14 annualized dividend and a yield of 1.60%. The ex-dividend date is Friday, March 14th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Boston Research & Management Inc. purchased a new stake in shares of Empire State Realty OP in the 4th quarter valued at $109,000. Raymond James Financial Inc. bought a new stake in Empire State Realty OP in the fourth quarter worth $119,000. Janney Montgomery Scott LLC purchased a new stake in Empire State Realty OP during the fourth quarter valued at about $138,000. Brighton Jones LLC bought a new position in shares of Empire State Realty OP during the fourth quarter valued at about $156,000. Finally, Citadel Advisors LLC increased its holdings 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 period.