Boston Research & Management Inc. Buys Shares of 10,754 Empire State Realty OP, L.P. (NYSE:ESBA)

Boston Research & Management Inc. purchased a new position in Empire State Realty OP, L.P. (NYSE:ESBA) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 10,754 shares of the company’s stock, valued at approximately $109,000.

A number of other institutional investors have also made changes to their positions in ESBA. Raymond James Financial Inc. acquired a new position in Empire State Realty OP in the fourth quarter valued at about $119,000. Bard Associates Inc. bought a new stake in shares of Empire State Realty OP in the 4th quarter valued at about $293,000. Brighton Jones LLC acquired a new stake in shares of Empire State Realty OP in the 4th quarter valued at approximately $156,000. Finally, Janney Montgomery Scott LLC bought a new position in Empire State Realty OP during the 4th quarter worth approximately $138,000.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Empire State Realty OP in a report on Friday. They issued a “hold” rating on the stock.

Empire State Realty OP Trading Down 1.5 %

ESBA stock opened at $7.66 on Monday. The business’s 50-day moving average price is $8.76 and its two-hundred day moving average price is $9.92. Empire State Realty OP, L.P. has a 1-year low of $7.52 and a 1-year high of $11.50.

Empire State Realty OP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a yield of 1.83%. The ex-dividend date is Friday, March 14th.

Empire State Realty OP Company Profile

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