American Strategic Investment (NYC) to Release Earnings on Thursday

American Strategic Investment (NYSE:NYC – Get Rating) will be issuing its quarterly earnings data before the market opens on Thursday, March 16th. Analysts expect the company to announce earnings of ($0.72) per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

American Strategic Investment Stock Down 1.0 %

Shares of NYC opened at $11.27 on Thursday. The firm’s fifty day moving average is $12.84 and its two-hundred day moving average is $20.01. The stock has a market cap of $19.45 million, a PE ratio of -0.51 and a beta of 0.20. American Strategic Investment has a 52-week low of $11.01 and a 52-week high of $110.00.

Analyst Upgrades and Downgrades

Separately, B. Riley lowered their price target on shares of American Strategic Investment from $56.00 to $44.00 in a research report on Monday, November 21st.

Institutional Trading of American Strategic Investment

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada increased its stake in shares of American Strategic Investment by 67.5% during the first quarter. Royal Bank of Canada now owns 7,115 shares of the company’s stock worth $94,000 after buying an additional 2,867 shares during the period. UBS Group AG increased its stake in shares of American Strategic Investment by 41.9% during the first quarter. UBS Group AG now owns 8,754 shares of the company’s stock worth $116,000 after buying an additional 2,585 shares during the period. Dimensional Fund Advisors LP purchased a new stake in shares of American Strategic Investment during the first quarter worth approximately $185,000. Millennium Management LLC purchased a new stake in shares of American Strategic Investment during the second quarter worth approximately $304,000. Finally, Northern Trust Corp increased its stake in shares of American Strategic Investment by 11.9% during the first quarter. Northern Trust Corp now owns 24,265 shares of the company’s stock worth $320,000 after buying an additional 2,578 shares during the period. 33.73% of the stock is currently owned by hedge funds and other institutional investors.

American Strategic Investment Company Profile

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New York City REIT, Inc (NYSE: NYC) is a publicly traded real estate investment trust listed on the NYSE that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.