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

Investment analysts at StockNews.com started coverage on shares of Empire State Realty OP (NYSE:ESBA) in a report released on Thursday. The brokerage set a “hold” rating on the stock.

Empire State Realty OP Stock Performance

ESBA opened at $7.96 on Thursday. Empire State Realty OP has a 52-week low of $7.52 and a 52-week high of $11.50. The firm’s 50-day moving average price is $8.98 and its 200-day moving average price is $10.04.

Hedge Funds Weigh In On Empire State Realty OP

Several hedge funds have recently modified their holdings of the stock. Citadel Advisors LLC increased its holdings in shares of Empire State Realty OP by 40.0% during the fourth quarter. Citadel Advisors LLC now owns 17,352 shares of the company’s stock valued at $177,000 after acquiring an additional 4,960 shares in the last quarter. Boston Research & Management Inc. acquired a new position in shares of Empire State Realty OP during the fourth quarter valued at about $109,000. Raymond James Financial Inc. acquired a new position in Empire State Realty OP in the 4th quarter worth approximately $119,000. Janney Montgomery Scott LLC purchased a new position in Empire State Realty OP during the 4th quarter worth approximately $138,000. Finally, Brighton Jones LLC purchased a new position in Empire State Realty OP during the 4th quarter worth approximately $156,000.

About Empire State Realty OP

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