Empire State Realty Trust Inc (ESRT)

Wall Street Zen has downgraded Empire State Realty Trust (NYSE:ESRT) from a "hold" to a "sell" rating. This aligns with a broader analyst consensus that also rates the stock a "sell," with an average price target of $5.50. ESRT recently reported a quarterly loss of $0.15 per share on $196.9 million in revenue, and its shares opened at $4.82, near their one-year low.

Southeastern Asset Management, along with Longleaf Partners Small-Cap Fund, has disclosed a 5.1% beneficial ownership stake in Empire State Realty Trust (ESRT) Class A common stock through a Schedule 13G filing. This amounts to 8,696,434 shares for Southeastern and 8,682,360 for Longleaf, primarily held with shared voting and dispositive power. O. Mason Hawkins is a joint filer but reports no beneficial ownership.

Ameriprise Financial and its affiliated entities have disclosed an 8.4% beneficial ownership stake in Empire State Realty Trust, Inc. (ESRT) Class A Common Stock through an amended Schedule 13G filing. This amounts to 14,485,533 shares, held with shared voting and dispositive power across multiple subsidiaries like TAM UK International Holdings Limited and Threadneedle Management Luxembourg S.A. Despite this disclosure, each Ameriprise Entity disclaims beneficial ownership of the reported shares.

Cohen & Steers and its affiliates have filed a Schedule 13G/A, reporting a beneficial ownership of 9 shares in Empire State Realty Trust, Inc. (ESRT), which constitutes 0.00% of the class. This filing indicates that Cohen & Steers, Inc. and its subsidiaries hold sole voting and sole dispositive power over these shares, primarily for the benefit of their account holders. The ownership is deemed immaterial due to the low percentage, classifying the filing under "Ownership of 5 percent or less of a class."

LaSalle Investment Management Securities LLC has reported a 7.64% beneficial ownership stake in Empire State Realty Trust, Inc. (ESRT), totaling 13,105,447 shares. LaSalle holds sole voting power over 6,204,280 shares and sole dispositive power over all 13,105,447 shares. The shares are held in discretionary accounts, with no single account exceeding a five percent interest in the class of securities.