Employees Retirement System of Texas held its stake in shares of New York REIT, Inc. (NYSE:NYRT) during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 218,100 shares of the real estate investment trust’s stock at the end of the second quarter. Employees Retirement System of Texas owned approximately 0.13% of New York REIT worth $1,884,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in NYRT. Litespeed Management L.L.C. boosted its position in shares of New York REIT by 380.7% during 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 buying an additional 1,832,190 shares during the period. Renaissance Technologies LLC purchased a new position in shares of New York REIT during the first quarter valued at approximately $12,557,000. Ranger Global Real Estate Advisors LLC purchased a new position in shares of New York REIT during the first quarter valued at approximately $11,903,000. JPMorgan Chase & Co. boosted its position in shares of New York REIT by 719.3% during the first quarter. JPMorgan Chase & Co. now owns 1,328,970 shares of the real estate investment trust’s stock valued at $12,877,000 after buying an additional 1,166,771 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC purchased a new position in shares of New York REIT during the second quarter valued at approximately $9,746,000. Institutional investors and hedge funds own 70.56% of the company’s stock.

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Several research analysts have issued reports on the company. BidaskClub lowered New York REIT from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 12th. Compass Point restated a “buy” rating and set a $9.75 target price (down previously from $11.50) on shares of New York REIT in a research report on Friday, June 16th.

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

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