StockNews.com Begins Coverage on Empire State Realty OP (NYSE:ESBA)

Posted by Editorial Team on Apr 22nd, 2025

StockNews.com started coverage on shares of Empire State Realty OP (NYSE:ESBA – Free Report) in a research note published on Monday. The firm issued a hold rating on the stock.

Empire State Realty OP Price Performance

Shares of ESBA stock opened at $6.46 on Monday. The business’s 50-day moving average price is $7.89 and its 200-day moving average price is $9.47. Empire State Realty OP has a 12 month low of $6.39 and a 12 month high of $11.50.

Empire State Realty OP Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a $0.035 dividend. This represents a $0.14 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend was Friday, March 14th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC bought a new position in shares of Empire State Realty OP in the 4th quarter worth about $180,000. Citadel Advisors LLC raised 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 acquiring an additional 4,960 shares during the last quarter. Bank of America Corp DE bought a new position in shares of Empire State Realty OP in the fourth quarter valued at approximately $350,000. Raymond James Financial Inc. purchased a new position in Empire State Realty OP during the 4th quarter worth $119,000. Finally, Boston Research & Management Inc. bought a new stake in Empire State Realty OP in the 4th quarter worth about $109,000.