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

Posted by Shane Hupp on Mar 4th, 2025

StockNews.com began coverage on shares of Empire State Realty OP (NYSE:ESBA – Free Report) in a report issued on Saturday morning. The firm issued a hold rating on the stock.

Empire State Realty OP Stock Down 1.2 %

Shares of NYSE:ESBA opened at $8.73 on Friday. Empire State Realty OP has a twelve month low of $7.85 and a twelve month high of $11.50. The stock’s 50 day moving average is $9.43 and its 200-day moving average is $10.21.

Empire State Realty OP Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.035 dividend. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date is Friday, March 14th.

Institutional Investors Weigh In On Empire State Realty OP

Hedge funds and other institutional investors have recently made changes to their positions in the business. Boston Research & Management Inc. acquired a new position in Empire State Realty OP during the 4th quarter valued at about $109,000. Raymond James Financial Inc. bought a new stake in shares of Empire State Realty OP during the 4th quarter worth $119,000. Janney Montgomery Scott LLC purchased a new position in Empire State Realty OP in the fourth quarter valued at about $138,000. Brighton Jones LLC purchased a new position in Empire State Realty OP in the fourth quarter valued at approximately $156,000. Finally, Citadel Advisors LLC lifted 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 valued at $177,000 after buying an additional 4,960 shares during the last quarter.