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

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

Empire State Realty OP Stock Up 3.9 %

NYSE ESBA opened at $6.94 on Friday. Empire State Realty OP has a 52-week low of $6.39 and a 52-week high of $11.50. The company has a fifty day moving average of $8.20 and a 200-day moving average of $9.63.

Empire State Realty OP Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a $0.035 dividend. This represents a $0.14 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend was Friday, March 14th.

Hedge Funds Weigh In On Empire State Realty OP

A number of large investors have recently modified their holdings of ESBA. Citadel Advisors LLC grew its position in 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 during the last quarter. Boston Research & Management Inc. bought a new position in shares of 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 worth $119,000. Janney Montgomery Scott LLC bought a new stake in Empire State Realty OP in the fourth quarter worth $138,000. Finally, Brighton Jones LLC purchased a new stake in Empire State Realty OP during the fourth quarter valued at about $156,000.

Empire State Realty OP Company Profile

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