Citigroup Inc. boosted its position in New York REIT, Inc. (NYSE:NYRT) by 3,029.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 150,830 shares of the real estate investment trust’s stock after purchasing an additional 146,011 shares during the period. Citigroup Inc. owned about 0.09% of New York REIT worth $1,303,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Mutual of America Capital Management LLC boosted its stake in shares of New York REIT by 0.9% during the 2nd quarter. Mutual of America Capital Management LLC now owns 224,008 shares of the real estate investment trust’s stock worth $1,935,000 after acquiring an additional 1,917 shares during the last quarter. Blair William & Co. IL grew its position in shares of New York REIT by 20.6% during the 2nd quarter. Blair William & Co. IL now owns 13,499 shares of the real estate investment trust’s stock valued at $117,000 after acquiring an additional 2,309 shares during the period. National Asset Management Inc. grew its position in shares of New York REIT by 8.7% during the 1st quarter. National Asset Management Inc. now owns 77,672 shares of the real estate investment trust’s stock valued at $753,000 after acquiring an additional 6,246 shares during the period. Credit Agricole S A increased its stake in shares of New York REIT by 6.6% in the 1st quarter. Credit Agricole S A now owns 116,199 shares of the real estate investment trust’s stock worth $5,856,000 after purchasing an additional 7,163 shares in the last quarter. Finally, Sei Investments Co. increased its stake in shares of New York REIT by 86.3% in the 2nd quarter. Sei Investments Co. now owns 18,269 shares of the real estate investment trust’s stock worth $158,000 after purchasing an additional 8,465 shares in the last quarter. 70.56% of the stock is currently owned by institutional investors and hedge funds.

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A number of equities analysts recently commented on NYRT shares. Zacks Investment Research raised New York REIT from a “sell” rating to a “hold” rating in a report on Wednesday, June 7th. BidaskClub downgraded New York REIT from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 12th. Finally, Compass Point reiterated a “buy” rating and set a $9.75 target price (down from $11.50) on shares of New York REIT in a research report on Friday, June 16th.

New York REIT, Inc. (NYSE NYRT) opened at 7.81 on Wednesday. The stock’s 50 day moving average price is $8.04 and its 200-day moving average price is $8.74. The stock’s market capitalization is $1.30 billion. New York REIT, Inc. has a 52-week low of $7.25 and a 52-week high of $10.15.

New York REIT 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.

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

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