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

Posted by David Hasegawa on Mar 21st, 2025

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

Empire State Realty OP Stock Down 0.3 %

ESBA stock opened at $7.95 on Thursday. Empire State Realty OP has a 52-week low of $7.52 and a 52-week high of $11.50. The company has a fifty day moving average price of $8.94 and a 200-day moving average price of $10.02.

Empire State Realty OP Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.035 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.76%.

Hedge Funds Weigh In On Empire State Realty OP

A number of hedge funds have recently made changes to their positions in ESBA. Wealth Enhancement Advisory Services LLC acquired a new stake in Empire State Realty OP during the 4th quarter valued at approximately $180,000. Citadel Advisors LLC boosted 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. Bank of America Corp DE acquired a new stake in Empire State Realty OP during the 4th quarter worth about $350,000. Raymond James Financial Inc. bought a new position in shares of Empire State Realty OP in the 4th quarter worth about $119,000. Finally, Boston Research & Management Inc. acquired a new position in shares of Empire State Realty OP in the 4th quarter valued at about $109,000.