New York REIT, Inc. (NYRT) Shares Bought by OxFORD Asset Management LLP
OxFORD Asset Management LLP grew its holdings in New York REIT, Inc. (NYSE:NYRT) by 9.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 297,236 shares of the real estate investment trust’s stock after purchasing an additional 26,375 shares during the period. OxFORD Asset Management LLP owned approximately 0.18% of New York REIT worth $2,568,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also added to or reduced their stakes in NYRT. Weiss Multi Strategy Advisers LLC purchased a new stake in shares of New York REIT in the first quarter valued at $38,760,000. Marshall Wace North America L.P. purchased a new stake in shares of New York REIT in the first quarter valued at $27,864,000. MARSHALL WACE ASIA Ltd purchased a new stake in shares of New York REIT in the first quarter valued at $27,864,000. Litespeed Management L.L.C. lifted its holdings in shares of New York REIT by 380.7% in the first quarter. Litespeed Management L.L.C. now owns 2,313,405 shares of the real estate investment trust’s stock valued at $22,417,000 after purchasing an additional 1,832,190 shares in the last quarter. Finally, North Run Capital LP purchased a new stake in shares of New York REIT in the first quarter valued at $15,504,000. Institutional investors own 70.56% of the company’s stock.
NYRT has been the subject of a number of research analyst reports. BidaskClub lowered New York REIT from a “sell” rating to a “strong sell” rating in a report on Friday, June 16th. Compass Point restated a “buy” rating and issued a $9.75 target price (down previously from $11.50) on shares of New York REIT in a report on Friday, June 16th.
Shares of New York REIT, Inc. (NYSE:NYRT) opened at 7.84 on Thursday. The stock’s market cap is $1.31 billion. New York REIT, Inc. has a 12-month low of $7.25 and a 12-month high of $10.15. The stock has a 50 day moving average price of $8.03 and a 200-day moving average price of $8.74.
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.
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