Empire State Realty TrustESRT
Market Cap: $1.7B
About: Empire State Realty Trust operates as a pure-play greater New York and Manhattan-focused REIT, featuring its landmark Empire State Building office and observation deck. The company owns and operates around 8.5 million square feet of office space, about 80% of which is located in Manhattan.
Employees: 666
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
648% more call options, than puts
Call options by funds: $299K | Put options by funds: $40K
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
26% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 62
4% more funds holding
Funds holding: 201 [Q1] → 210 (+9) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.54% less ownership
Funds ownership: 69.23% [Q1] → 68.69% (-0.54%) [Q2]
8% less capital invested
Capital invested by funds: $1.14B [Q1] → $1.06B (-$86.6M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
BMO Capital John Kim 67% 1-year accuracy 12 / 18 met price target | 17%upside $12 | Outperform Maintained | 19 Jul 2024 |
Financial journalist opinion
Based on 5 articles about ESRT published over the past 30 days