Empire State Realty OP (NYSE:ESBA) Coverage Initiated at StockNews.com

Research analysts at StockNews.com began coverage on shares of Empire State Realty OP (NYSE:ESBA) in a report issued on Friday. The firm set a “hold” rating on the stock.

Empire State Realty OP Price Performance

Shares of ESBA opened at $7.66 on Friday. Empire State Realty OP has a 1 year low of $7.52 and a 1 year high of $11.50. The company’s 50-day simple moving average is $8.76 and its 200-day simple moving average is $9.92.

Institutional Trading of Empire State Realty OP

Large investors have recently bought and sold shares of the company. Bank of America Corp DE acquired a new stake in Empire State Realty OP in the 4th quarter valued at about $350,000. Bard Associates Inc. acquired a new stake in shares of Empire State Realty OP in the fourth quarter valued at approximately $293,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Empire State Realty OP during the 4th quarter worth approximately $180,000. Citadel Advisors LLC raised its position in shares of Empire State Realty OP by 40.0% during the 4th quarter. Citadel Advisors LLC now owns 17,352 shares of the company’s stock worth $177,000 after purchasing an additional 4,960 shares during the last quarter. Finally, Brighton Jones LLC acquired a new position in shares of Empire State Realty OP during the 4th quarter worth approximately $156,000.

Empire State Realty OP Company Profile

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