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

StockNews.com initiated coverage on shares of Empire State Realty OP (NYSE:ESBA) in a research note issued to investors on Saturday. The firm issued a hold rating on the stock.

Empire State Realty OP Trading Up 4.5 %

ESBA stock opened at $9.24 on Friday. The firm has a 50 day moving average of $9.45 and a 200 day moving average of $10.22. Empire State Realty OP has a 52 week low of $7.85 and a 52 week high of $11.50.

Empire State Realty OP Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were paid a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend was Monday, December 16th.

Institutional Trading of Empire State Realty OP

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE acquired a new stake in Empire State Realty OP during the 4th quarter valued at approximately $350,000. Bard Associates Inc. acquired a new stake in Empire State Realty OP during the 4th quarter valued at approximately $293,000. Citadel Advisors LLC lifted its stake in Empire State Realty OP by 40.0% during the 4th 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 period. Brighton Jones LLC acquired a new stake in Empire State Realty OP during the 4th quarter valued at approximately $156,000. Finally, Janney Montgomery Scott LLC acquired a new stake in Empire State Realty OP during the 4th quarter valued at approximately $138,000.

Empire State Realty OP Company Profile

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