Sigma Planning Corp decreased its position in New York REIT, Inc. (NYSE:NYRT) by 36.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,608 shares of the real estate investment trust’s stock after selling 17,581 shares during the period. Sigma Planning Corp’s holdings in New York REIT were worth $240,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Blair William & Co. IL increased its stake in New York REIT by 20.6% in the second quarter. Blair William & Co. IL now owns 13,499 shares of the real estate investment trust’s stock valued at $117,000 after purchasing an additional 2,309 shares in the last quarter. First Manhattan Co. increased its stake in New York REIT by 100.0% in the third quarter. First Manhattan Co. now owns 20,000 shares of the real estate investment trust’s stock valued at $157,000 after purchasing an additional 10,000 shares in the last quarter. Sei Investments Co. increased its stake in 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 valued at $158,000 after purchasing an additional 8,465 shares in the last quarter. Fox Run Management L.L.C. bought a new stake in New York REIT in the third quarter valued at $167,000. Finally, Virtu KCG Holdings LLC bought a new stake in New York REIT in the second quarter valued at $170,000. Institutional investors and hedge funds own 68.33% of the company’s stock.

New York REIT, Inc. (NYSE:NYRT) traded up $1.57 on Friday, reaching $7.10. 1,587,920 shares of the company’s stock traded hands, compared to its average volume of 2,581,165. New York REIT, Inc. has a 12-month low of $6.65 and a 12-month high of $10.15. The company has a current ratio of 5.24, a quick ratio of 5.24 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $1,200.00, a P/E ratio of 22.09 and a beta of 0.72.

The business also recently announced a dividend, which will be paid on Tuesday, November 28th. Stockholders of record on Monday, November 20th will be given a $2.07 dividend. This is a boost from New York REIT’s previous dividend of $0.04. The ex-dividend date is Friday, November 17th.

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About New York REIT

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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