Empire State Realty Trust Inc (ESRT) Position Held by Pensionfund DSM Netherlands

Pensionfund DSM Netherlands maintained its position in shares of Empire State Realty Trust Inc (NYSE:ESRT) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,000 shares of the real estate investment trust’s stock at the end of the first quarter. Pensionfund DSM Netherlands’ holdings in Empire State Realty Trust were worth $1,362,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Pensionfund Sabic raised its stake in Empire State Realty Trust by 8.3% in the first quarter. Pensionfund Sabic now owns 26,000 shares of the real estate investment trust’s stock valued at $537,000 after buying an additional 2,000 shares during the last quarter. Norges Bank purchased a new stake in Empire State Realty Trust during the fourth quarter worth $26,057,000. Thomas J. Herzfeld Advisors Inc. purchased a new stake in Empire State Realty Trust during the fourth quarter worth $684,000. Numeric Investors LLC raised its stake in Empire State Realty Trust by 5.3% in the fourth quarter. Numeric Investors LLC now owns 1,393,863 shares of the real estate investment trust’s stock worth $28,142,000 after buying an additional 69,900 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in Empire State Realty Trust by 8.3% in the fourth quarter. AQR Capital Management LLC now owns 63,688 shares of the real estate investment trust’s stock worth $1,286,000 after buying an additional 4,870 shares during the last quarter. 82.96% of the stock is owned by hedge funds and other institutional investors.

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

Empire State Realty Trust Inc (NYSE:ESRT) opened at 21.53 on Friday. Empire State Realty Trust Inc has a 52-week low of $17.95 and a 52-week high of $22.31. The company has a market capitalization of $3.37 billion, a P/E ratio of 56.81 and a beta of 0.98. The stock has a 50 day moving average of $20.92 and a 200-day moving average of $20.34.

Empire State Realty Trust (NYSE:ESRT) last released its quarterly earnings data on Wednesday, February 22nd. The real estate investment trust reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.03. The business had revenue of $179.26 million for the quarter, compared to analyst estimates of $117.30 million. Empire State Realty Trust had a return on equity of 3.60% and a net margin of 8.70%. Empire State Realty Trust’s revenue was up 8.5% compared to the same quarter last year. During the same period last year, the firm posted $0.25 earnings per share. On average, equities analysts forecast that Empire State Realty Trust Inc will post $0.92 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 31st. Investors of record on Wednesday, March 15th were paid a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 1.95%. The ex-dividend date of this dividend was Monday, March 13th. Empire State Realty Trust’s dividend payout ratio (DPR) is presently 123.53%.

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A number of equities research analysts recently weighed in on ESRT shares. Zacks Investment Research lowered shares of Empire State Realty Trust from a “hold” rating to a “sell” rating in a report on Wednesday, January 11th. TheStreet upgraded shares of Empire State Realty Trust from a “c+” rating to a “b” rating in a research note on Thursday, February 23rd. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $22.25.

Empire State Realty Trust Company Profile

Empire State Realty Trust, Inc is a real estate investment trust. The Company 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 Company operates through two segments: Real Estate and Observatory.

5 Day Chart for NYSE:ESRT

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