Empire State Realty OP, L.P. (ESBA) To Go Ex-Dividend on March 13th

Empire State Realty OP, L.P. (NYSE:ESBA) announced a quarterly dividend on Friday, February 20th. Investors of record on Friday, March 13th will be given a dividend of 0.035 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date is Friday, March 13th.

Empire State Realty OP Price Performance

NYSE:ESBA traded up $0.11 during mid-day trading on Wednesday, reaching $5.32. The company’s stock had a trading volume of 703 shares, compared to its average volume of 11,553. The firm’s fifty day moving average price is $6.21 and its two-hundred day moving average price is $6.84. Empire State Realty OP has a 12-month low of $5.21 and a 12-month high of $8.75.

Institutional Investors Weigh In On Empire State Realty OP

Several institutional investors and hedge funds have recently added to or reduced their stakes in ESBA. Brighton Jones LLC purchased a new stake in Empire State Realty OP in the 4th quarter worth $156,000. Wolff Wiese Magana LLC purchased a new stake in shares of Empire State Realty OP during the third quarter worth about $64,000. Citadel Advisors LLC increased its holdings in shares of Empire State Realty OP by 18.2% during the third quarter. Citadel Advisors LLC now owns 15,230 shares of the company’s stock valued at $113,000 after acquiring an additional 2,343 shares in the last quarter. Susquehanna International Group LLP raised its position in shares of Empire State Realty OP by 16.5% in the 3rd quarter. Susquehanna International Group LLP now owns 112,754 shares of the company’s stock valued at $839,000 after purchasing an additional 15,972 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in Empire State Realty OP by 31.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 38,000 shares of the company’s stock worth $244,000 after purchasing an additional 9,000 shares in the last quarter.

About Empire State Realty OP

Empire State Realty OP is the operating partnership affiliated with Empire State Realty Trust, a real estate investment trust focused on ownership, operation and redevelopment of office and retail properties. Through its portfolio, the company generates income primarily by leasing space in landmark and Class A office buildings, managing tenant relationships and overseeing property operations, maintenance and marketing efforts.

The partnership’s flagship asset is the iconic Empire State Building in New York City, a 102‐story office tower and major tourist attraction.