Citadel Advisors LLC Has $1.81 Million Holdings in New York REIT, Inc. (NYRT)

Citadel Advisors LLC raised its position in New York REIT, Inc. (NYSE:NYRT) by 5,881.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 230,296 shares of the real estate investment trust’s stock after purchasing an additional 226,446 shares during the period. Citadel Advisors LLC owned 0.14% of New York REIT worth $1,808,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Aperio Group LLC lifted its holdings in shares of New York REIT by 65.5% during the 2nd quarter. Aperio Group LLC now owns 30,952 shares of the real estate investment trust’s stock worth $267,000 after acquiring an additional 12,247 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of New York REIT by 20.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,053,886 shares of the real estate investment trust’s stock worth $17,741,000 after acquiring an additional 348,236 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of New York REIT by 86.3% during the 2nd quarter. Sei Investments Co. now owns 18,269 shares of the real estate investment trust’s stock worth $158,000 after acquiring an additional 8,465 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in shares of New York REIT by 28.0% during the 2nd quarter. Teacher Retirement System of Texas now owns 331,037 shares of the real estate investment trust’s stock worth $2,860,000 after acquiring an additional 72,402 shares during the last quarter. Finally, Wedbush Securities Inc. lifted its holdings in shares of New York REIT by 149.5% during the 2nd quarter. Wedbush Securities Inc. now owns 56,500 shares of the real estate investment trust’s stock worth $488,000 after acquiring an additional 33,853 shares during the last quarter. 70.41% of the stock is owned by hedge funds and other institutional investors.

New York REIT, Inc. (NYRT) traded down $0.03 during midday trading on Wednesday, hitting $4.99. 2,221,400 shares of the stock were exchanged, compared to its average volume of 2,562,801. New York REIT, Inc. has a 52 week low of $4.95 and a 52 week high of $10.15. The company has a debt-to-equity ratio of 1.45, a current ratio of 5.24 and a quick ratio of 5.24. The company has a market cap of $843.00, a P/E ratio of 15.69 and a beta of 0.68.

The business also recently disclosed a dividend, which was paid on Tuesday, November 28th. Stockholders of record on Monday, November 20th were issued a dividend of $2.07 per share. This is an increase from New York REIT’s previous dividend of $0.04. The ex-dividend date of this dividend was Friday, November 17th.

A number of analysts have recently issued reports on the stock. SunTrust Banks set a $7.00 price objective on shares of New York REIT and gave the stock a “hold” rating in a report on Friday, December 1st. ValuEngine raised shares of New York REIT from a “hold” rating to a “buy” rating in a report on Friday, December 1st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $8.38.

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New York REIT 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.

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

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