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

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

Empire State Realty OP Trading Down 3.7 %

ESBA stock opened at $7.80 on Friday. Empire State Realty OP has a 1 year low of $7.52 and a 1 year high of $11.50. The stock has a 50-day simple moving average of $8.80 and a 200-day simple moving average of $9.93.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Boston Research & Management Inc. acquired a new stake in Empire State Realty OP during the 4th quarter valued at $109,000. Raymond James Financial Inc. purchased a new position in Empire State Realty OP in the 4th quarter valued at about $119,000. Janney Montgomery Scott LLC acquired a new stake in shares of Empire State Realty OP during the fourth quarter valued at about $138,000. Brighton Jones LLC purchased a new stake in shares of Empire State Realty OP during the fourth quarter worth about $156,000. Finally, Citadel Advisors LLC lifted 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 acquiring an additional 4,960 shares in the last quarter.

About Empire State Realty OP

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