Empire State Realty OP (NYSE:ESBA) Shares Up 1.4% – What’s Next?

Shares of Empire State Realty OP, L.P. (NYSE:ESBAGet Free Report) traded up 1.4% on Tuesday . The company traded as high as $7.72 and last traded at $7.70. 4,951 shares changed hands during trading, a decline of 27% from the average session volume of 6,803 shares. The stock had previously closed at $7.59.

Empire State Realty OP Price Performance

The company’s 50-day moving average is $7.42 and its 200 day moving average is $7.54.

Empire State Realty OP Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a yield of 1.8%. The ex-dividend date was Monday, September 15th.

Institutional Trading of Empire State Realty OP

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE acquired a new stake in Empire State Realty OP during the fourth quarter worth about $350,000. Baker Avenue Asset Management LP increased its stake in shares of Empire State Realty OP by 33.6% in the 1st quarter. Baker Avenue Asset Management LP now owns 21,346 shares of the company’s stock valued at $166,000 after purchasing an additional 5,363 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Empire State Realty OP in the 4th quarter valued at about $180,000. Brighton Jones LLC acquired a new position in shares of Empire State Realty OP during the 4th quarter worth approximately $156,000. Finally, Concurrent Investment Advisors LLC acquired a new position in Empire State Realty OP during the second quarter worth $113,000.

Empire State Realty OP Company Profile

(Get Free Report)

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

See Also

Receive News & Ratings for Empire State Realty OP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Empire State Realty OP and related companies with MarketBeat.com's FREE daily email newsletter.