Empire State Realty Trust, Inc. (ESRT) Reaches $17.91 After 8.00% Down Move; Northwestern (NWE) Shorts Decreased By 9.47%

February 14, 2018 - By Nellie Frank

The stock of Empire State Realty Trust, Inc. (NYSE:ESRT) is a huge mover today! The stock decreased 2.87% or $0.53 during the last trading session, reaching $17.91. About 597,639 shares traded. Empire State Realty Trust, Inc. (NYSE:ESRT) has risen 10.59% since February 14, 2017 and is uptrending. It has underperformed by 6.11% the S&P500.The move comes after 9 months negative chart setup for the $5.39 billion company. It was reported on Feb, 14 by Barchart.com. We have $16.48 PT which if reached, will make NYSE:ESRT worth $430.80 million less.

Northwestern Corporation (NYSE:NWE) had a decrease of 9.47% in short interest. NWE’s SI was 878,900 shares in February as released by FINRA. Its down 9.47% from 970,800 shares previously. With 339,100 avg volume, 3 days are for Northwestern Corporation (NYSE:NWE)’s short sellers to cover NWE’s short positions. The SI to Northwestern Corporation’s float is 1.83%. The stock decreased 0.46% or $0.24 during the last trading session, reaching $51.58. About 150,599 shares traded. NorthWestern Corporation (NYSE:NWE) has risen 6.36% since February 14, 2017 and is uptrending. It has underperformed by 10.34% the S&P500.




Investors sentiment decreased to 1.35 in 2017 Q3. Its down 0.04, from 1.39 in 2017Q2. It dived, as 18 investors sold Empire State Realty Trust, Inc. shares while 47 reduced holdings. 26 funds opened positions while 62 raised stakes. 128.07 million shares or 1.36% less from 129.83 million shares in 2017Q2 were reported. Asset Mngmt One Ltd owns 268,286 shares. California-based Schwab Charles Inv Mngmt has invested 0.01% in Empire State Realty Trust, Inc. (NYSE:ESRT). 1,696 are owned by Royal Fincl Bank Of Canada. State Street Corp has 1.94 million shares. Hsbc Holdings Public Limited Co has 0% invested in Empire State Realty Trust, Inc. (NYSE:ESRT). Indexiq Advisors Limited Liability Corporation, New York-based fund reported 193,352 shares. Amalgamated Bancorporation invested 0.01% of its portfolio in Empire State Realty Trust, Inc. (NYSE:ESRT). 19.57 million were accumulated by Cohen & Steers Inc. Rhumbline Advisers accumulated 0.01% or 137,602 shares. Assetmark Inc invested 0% of its portfolio in Empire State Realty Trust, Inc. (NYSE:ESRT). Manufacturers Life Ins The holds 0% or 5,577 shares in its portfolio. Pinnacle Limited holds 10,106 shares or 0% of its portfolio. Breton Hill Cap Limited reported 54,628 shares or 0.21% of all its holdings. First Trust Lp holds 0% of its portfolio in Empire State Realty Trust, Inc. (NYSE:ESRT) for 37,946 shares. Iowa-based Principal Financial Grp has invested 0% in Empire State Realty Trust, Inc. (NYSE:ESRT).

Analysts await Empire State Realty Trust, Inc. (NYSE:ESRT) to report earnings on February, 28. They expect $0.25 earnings per share, 0.00% or $0.00 from last year’s $0.25 per share. ESRT’s profit will be $75.17M for 17.91 P/E if the $0.25 EPS becomes a reality. After $0.26 actual earnings per share reported by Empire State Realty Trust, Inc. for the previous quarter, Wall Street now forecasts -3.85% negative EPS growth.

Among 7 analysts covering Empire State Realty Trust (NYSE:ESRT), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Empire State Realty Trust had 17 analyst reports since September 10, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Monday, September 18 with “Buy”. Goldman Sachs maintained Empire State Realty Trust, Inc. (NYSE:ESRT) rating on Thursday, June 22. Goldman Sachs has “Neutral” rating and $21 target. The stock of Empire State Realty Trust, Inc. (NYSE:ESRT) earned “Buy” rating by BMO Capital Markets on Wednesday, May 31. The stock has “Buy” rating by KeyBanc Capital Markets on Friday, September 22. As per Wednesday, November 1, the company rating was maintained by BMO Capital Markets. The stock of Empire State Realty Trust, Inc. (NYSE:ESRT) earned “Outperform” rating by Evercore on Monday, December 4. The firm earned “Buy” rating on Monday, September 4 by BMO Capital Markets. The firm has “Buy” rating given on Monday, October 23 by KeyBanc Capital Markets. On Thursday, September 10 the stock rating was initiated by BMO Capital Markets with “Outperform”. On Monday, March 28 the stock rating was initiated by Cowen & Co with “Outperform”.

Empire State Realty Trust, Inc., a real estate investment trust , focuses on owning, managing, operating, and acquiring office and retail properties in Manhattan and the greater New York metropolitan area. The company has market cap of $5.39 billion. It also intends to provide construction services to tenants and other entities. It has a 45.57 P/E ratio.

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