Independent Order of Foresters held its position in shares of New York REIT, Inc. (NYSE:NYRT) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 48,654 shares of the real estate investment trust’s stock at the end of the second quarter. Independent Order of Foresters’ holdings in New York REIT were worth $420,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Blair William & Co. IL purchased a new position in shares of New York REIT during the first quarter worth $108,000. Capital Investment Advisory Services LLC purchased a new position in shares of New York REIT during the first quarter worth $139,000. Sei Investments Co. raised its position in shares of New York REIT by 86.3% in the second quarter. Sei Investments Co. now owns 18,269 shares of the real estate investment trust’s stock worth $158,000 after buying an additional 8,465 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of New York REIT during the first quarter worth $173,000. Finally, Karp Capital Management Corp purchased a new position in shares of New York REIT during the first quarter worth $181,000. 68.08% of the stock is currently owned by institutional investors and hedge funds.

New York REIT, Inc. (NYRT) traded down 0.48% during mid-day trading on Friday, reaching $8.24. The company had a trading volume of 1,080,078 shares. The firm’s 50 day moving average price is $8.54 and its 200-day moving average price is $9.17. The company’s market capitalization is $1.37 billion. New York REIT, Inc. has a 12 month low of $8.16 and a 12 month high of $10.15.

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A number of research analysts have recently weighed in on NYRT shares. Compass Point reissued a “buy” rating and issued a $9.75 price objective (down from $11.50) on shares of New York REIT in a report on Friday, June 16th. Zacks Investment Research raised New York REIT from a “sell” rating to a “hold” rating in a report on Wednesday, June 7th. Finally, BidaskClub raised New York REIT from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 27th.

New York REIT Company Profile

New York REIT, Inc is a real estate investment trust. The Company owns a portfolio of commercial real estate. The Company’s business is primarily conducted through New York Recovery Operating Partnership, L.P. As of December 31, 2016, the Company owned 19 properties, which aggregated 3.3 million rentable square feet.

Institutional Ownership by Quarter for New York REIT (NYSE:NYRT)

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