Empire State Realty OP (NYSE:ESBA) Shares Up 2.1%

Empire State Realty OP, L.P. (NYSE:ESBA) was up 2.1% on Tuesday . The stock traded as high as $9.43 and last traded at $9.20. Approximately 1,054 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 9,715 shares. The stock had previously closed at $9.01.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Empire State Realty OP from a “buy” rating to a “hold” rating in a research note on Saturday, February 24th.

Empire State Realty OP Stock Up 2.1 %

The stock has a fifty day moving average of $9.45 and a 200-day moving average of $9.31.

Empire State Realty OP Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $0.035 dividend. This represents a $0.14 annualized dividend and a dividend yield of 1.52%. The ex-dividend date was Thursday, March 14th.

Institutional Trading of Empire State Realty OP

Large investors have recently made changes to their positions in the company. Choate Investment Advisors acquired a new position in Empire State Realty OP during the 3rd quarter worth approximately $34,000. TIAA Trust National Association purchased a new stake in shares of Empire State Realty OP during the 3rd quarter worth $343,000. Finally, Montag A & Associates Inc. acquired a new position in shares of Empire State Realty OP during the first quarter worth $210,000.

Empire State Realty OP Company Profile

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