Strs Ohio Decreases Stake in Empire State Realty Trust, Inc. (NYSE:ESRT)

Strs Ohio reduced its stake in shares of Empire State Realty Trust, Inc. (NYSE:ESRTGet Rating) by 23.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 138,707 shares of the real estate investment trust’s stock after selling 42,138 shares during the period. Strs Ohio owned approximately 0.08% of Empire State Realty Trust worth $909,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Vanguard Personalized Indexing Management LLC boosted its position in shares of Empire State Realty Trust by 14.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 11,928 shares of the real estate investment trust’s stock worth $84,000 after purchasing an additional 1,497 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Empire State Realty Trust by 7.6% during the 1st quarter. Bank of Montreal Can now owns 27,846 shares of the real estate investment trust’s stock worth $276,000 after buying an additional 1,955 shares during the last quarter. Benin Management CORP raised its stake in shares of Empire State Realty Trust by 2.6% during the 2nd quarter. Benin Management CORP now owns 78,500 shares of the real estate investment trust’s stock worth $552,000 after buying an additional 2,000 shares during the last quarter. US Bancorp DE raised its stake in shares of Empire State Realty Trust by 21.9% during the 2nd quarter. US Bancorp DE now owns 11,267 shares of the real estate investment trust’s stock worth $79,000 after buying an additional 2,024 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Empire State Realty Trust by 113.3% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,069 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 2,692 shares during the last quarter. 76.81% of the stock is currently owned by hedge funds and other institutional investors.

Empire State Realty Trust Trading Up 0.7 %

Shares of ESRT stock opened at $7.58 on Monday. Empire State Realty Trust, Inc. has a twelve month low of $6.24 and a twelve month high of $10.06. The firm has a 50-day moving average price of $7.13 and a 200 day moving average price of $7.22. The company has a current ratio of 7.52, a quick ratio of 7.52 and a debt-to-equity ratio of 1.36. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 63.17, a PEG ratio of 1.05 and a beta of 1.12.

Empire State Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 30th. Stockholders of record on Monday, December 19th were paid a dividend of $0.035 per share. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date of this dividend was Friday, December 16th. Empire State Realty Trust’s dividend payout ratio is currently 116.67%.

Analyst Ratings Changes

Several research analysts have recently issued reports on ESRT shares. TheStreet downgraded Empire State Realty Trust from a “c-” rating to a “d+” rating in a research note on Friday, November 25th. Wells Fargo & Company cut their price target on Empire State Realty Trust from $5.50 to $5.00 and set an “underweight” rating for the company in a research note on Tuesday, October 18th. Finally, StockNews.com assumed coverage on shares of Empire State Realty Trust in a research note on Wednesday, October 12th. They issued a “hold” rating for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $7.67.

Empire State Realty Trust Profile

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Empire State Realty Trust, Inc (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the World's Most Famous Building.

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Institutional Ownership by Quarter for Empire State Realty Trust (NYSE:ESRT)

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