Renaissance Technologies LLC Purchases New Holdings in New York REIT Inc (NYRT)

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Renaissance Technologies LLC purchased a new position in shares of New York REIT Inc (NYSE:NYRT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 68,690 shares of the real estate investment trust’s stock, valued at approximately $1,253,000. Renaissance Technologies LLC owned 0.41% of New York REIT at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Xact Kapitalforvaltning AB purchased a new position in New York REIT during the 2nd quarter valued at about $217,000. Wedbush Securities Inc. raised its position in New York REIT by 108.1% in the 2nd quarter. Wedbush Securities Inc. now owns 28,707 shares of the real estate investment trust’s stock valued at $524,000 after purchasing an additional 14,910 shares in the last quarter. Real Estate Management Services LLC acquired a new stake in New York REIT in the 2nd quarter valued at about $3,341,000. Finally, Wittenberg Investment Management Inc. acquired a new stake in New York REIT in the 2nd quarter valued at about $8,138,000. Institutional investors own 74.23% of the company’s stock.

NYRT stock opened at $14.10 on Thursday. New York REIT Inc has a 1 year low of $13.40 and a 1 year high of $76.40.

The business also recently declared a special dividend, which was paid on Monday, October 22nd. Shareholders of record on Monday, October 15th were given a $3.25 dividend. The ex-dividend date of this dividend was Friday, October 12th.

In other New York REIT news, Director Howard Goldberg bought 10,000 shares of the business’s stock in a transaction dated Friday, October 12th. The shares were acquired at an average price of $14.23 per share, with a total value of $142,300.00. Following the transaction, the director now owns 10,000 shares of the company’s stock, valued at $142,300. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO John Andrew Garilli bought 2,500 shares of the business’s stock in a transaction dated Monday, October 22nd. The shares were acquired at an average cost of $14.22 per share, for a total transaction of $35,550.00. Following the transaction, the chief executive officer now directly owns 4,000 shares in the company, valued at approximately $56,880. The disclosure for this purchase can be found here. 0.13% of the stock is owned by company insiders.

Separately, ValuEngine raised New York REIT from a “sell” rating to a “hold” rating in a research report on Wednesday, July 4th.

New York REIT Profile

NYRT is a publicly traded real estate investment trust listed on the NYSE that owns income-producing commercial real estate, including office and retail properties, located in New York City. NYRT's shareholders recently adopted a plan of liquidation pursuant to which NYRT is liquidating and winding down and, in connection therewith, is seeking to sell its assets in an orderly fashion to maximize shareholder value.

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

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