Empire State Realty OP (NYSE:ESBA) Now Covered by Analysts at StockNews.com

Posted by Defense World Staff on Jul 16th, 2023

Research analysts at StockNews.com initiated coverage on shares of Empire State Realty OP (NYSE:ESBA – Get Free Report) in a report released on Sunday. The brokerage set a “buy” rating on the stock.

Empire State Realty OP Stock Performance

Shares of ESBA opened at $7.74 on Friday. The company’s fifty day moving average is $6.52 and its 200 day moving average is $6.10. Empire State Realty OP has a fifty-two week low of $5.08 and a fifty-two week high of $8.49.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. UBS Group AG increased its position in Empire State Realty OP by 19.5% during the first quarter. UBS Group AG now owns 12,044 shares of the company’s stock valued at $118,000 after acquiring an additional 1,967 shares during the last quarter. Raymond James & Associates increased its position in Empire State Realty OP by 17.7% during the fourth quarter. Raymond James & Associates now owns 20,251 shares of the company’s stock valued at $132,000 after acquiring an additional 3,045 shares during the last quarter. Creative Planning boosted its stake in shares of Empire State Realty OP by 45.5% during the fourth quarter. Creative Planning now owns 17,977 shares of the company’s stock valued at $117,000 after purchasing an additional 5,621 shares during the period. Advisor Group Holdings Inc. boosted its stake in shares of Empire State Realty OP by 363.6% during the fourth quarter. Advisor Group Holdings Inc. now owns 7,780 shares of the company’s stock valued at $51,000 after purchasing an additional 6,102 shares during the period. Finally, Financial Partners Capital Management LLC purchased a new stake in shares of Empire State Realty OP during the fourth quarter valued at $88,000.