Teton Advisors Inc. Has $165,000 Position in Gyrodyne, LLC (NASDAQ:GYRO)

Teton Advisors Inc. lessened its stake in Gyrodyne, LLC (NASDAQ:GYRO) by 8.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 18,329 shares of the real estate investment trust’s stock after selling 1,627 shares during the quarter. Teton Advisors Inc.’s holdings in Gyrodyne were worth $165,000 as of its most recent SEC filing.

Gyrodyne Trading Up 2.2 %

Shares of NASDAQ:GYRO opened at $7.92 on Wednesday. The firm has a fifty day moving average of $8.43 and a two-hundred day moving average of $9.07. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.78 and a quick ratio of 1.78. Gyrodyne, LLC has a 12-month low of $6.80 and a 12-month high of $11.96.

Gyrodyne Profile

Gyrodyne, LLC owns and manages a diversified portfolio of real estate properties comprising office, industrial and service-oriented properties in the New York metropolitan area. Gyrodyne owns a 63 acre site approximately 50 miles east of New York City on the north shore of Long Island, which includes industrial and office buildings and undeveloped property which is the subject of plans to seek value-enhancing entitlements.