Empire State Realty OP (NYSE:ESBA) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Empire State Realty OP (NYSE:ESBA) in a report published on Thursday morning. The firm issued a hold rating on the stock.

Empire State Realty OP Trading Down 0.3 %

Shares of Empire State Realty OP stock opened at $7.95 on Thursday. The company’s fifty day simple moving average is $8.92 and its 200-day simple moving average is $10.00. Empire State Realty OP has a 1-year low of $7.52 and a 1-year high of $11.50.

Empire State Realty OP Dividend Announcement

The business also recently declared 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 1.76%. The ex-dividend date is Friday, March 14th.

Institutional Trading of Empire State Realty OP

Hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Empire State Realty OP in the 4th quarter worth about $180,000. Citadel Advisors LLC increased its holdings in shares of Empire State Realty OP by 40.0% in the 4th 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. Bank of America Corp DE bought a new stake in shares of Empire State Realty OP in the 4th quarter worth about $350,000. Raymond James Financial Inc. bought a new stake in shares of Empire State Realty OP in the 4th quarter worth about $119,000. Finally, Boston Research & Management Inc. bought a new stake in shares of Empire State Realty OP in the 4th quarter worth about $109,000.

About Empire State Realty OP

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