Empire State Realty Trust, Inc. (ESRT) Forms $17.36 Double Bottom; Altra Industrial Motion (AIMC)’s Sentiment Is 1.11

Altra Industrial Motion Corp. (NASDAQ:AIMC) Logo

Empire State Realty Trust, Inc. (ESRT) formed double bottom with $16.49 target or 5.00% below today’s $17.36 share price. Empire State Realty Trust, Inc. (ESRT) has $5.28B valuation. The stock decreased 0.29% or $0.05 during the last trading session, reaching $17.36. About 1.11M shares traded. Empire State Realty Trust, Inc. (NYSE:ESRT) has declined 19.69% since May 11, 2017 and is downtrending. It has underperformed by 31.24% the S&P500.

Altra Industrial Motion Corp (AIMC) investors sentiment decreased to 1.11 in Q4 2017. It’s down -0.19, from 1.3 in 2017Q3. The ratio dropped, as 69 investment managers increased and opened new positions, while 62 reduced and sold positions in Altra Industrial Motion Corp. The investment managers in our database now possess: 28.68 million shares, down from 28.80 million shares in 2017Q3. Also, the number of investment managers holding Altra Industrial Motion Corp in top ten positions increased from 0 to 1 for an increase of 1. Sold All: 14 Reduced: 48 Increased: 48 New Position: 21.

Among 8 analysts covering Empire State Realty Trust (NYSE:ESRT), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Empire State Realty Trust has $24 highest and $18.0 lowest target. $21.13’s average target is 21.72% above currents $17.36 stock price. Empire State Realty Trust had 22 analyst reports since September 10, 2015 according to SRatingsIntel. The stock has “Buy” rating by BMO Capital Markets on Wednesday, May 31. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, February 24. The stock of Empire State Realty Trust, Inc. (NYSE:ESRT) has “Hold” rating given on Monday, February 26 by Stifel Nicolaus. BMO Capital Markets maintained it with “Buy” rating and $22.0 target in Wednesday, February 21 report. As per Friday, March 23, the company rating was maintained by Wells Fargo. BMO Capital Markets maintained the shares of ESRT in report on Monday, July 3 with “Buy” rating. The rating was initiated by Cowen & Co on Monday, March 28 with “Outperform”. Goldman Sachs maintained the stock with “Neutral” rating in Thursday, June 22 report. Evercore upgraded Empire State Realty Trust, Inc. (NYSE:ESRT) on Monday, December 4 to “Outperform” rating. The stock has “Buy” rating by BMO Capital Markets on Tuesday, February 27.

Since March 5, 2018, it had 2 insider buys, and 0 insider sales for $33,480 activity. $16,830 worth of Empire State Realty Trust, Inc. (NYSE:ESRT) shares were bought by Giliberto Salvatore Michael. KARP DAVID A had bought 1,000 shares worth $16,650.

Investors sentiment increased to 1.52 in Q4 2017. Its up 0.17, from 1.35 in 2017Q3. It increased, as 15 investors sold Empire State Realty Trust, Inc. shares while 45 reduced holdings. 23 funds opened positions while 68 raised stakes. 128.84 million shares or 0.60% more from 128.07 million shares in 2017Q3 were reported. Quantitative Systematic Strategies Limited Liability Company has invested 0.49% of its portfolio in Empire State Realty Trust, Inc. (NYSE:ESRT). Stratos Wealth Ptnrs Limited stated it has 134 shares or 0% of all its holdings. Millennium Limited Liability Company reported 3.58 million shares. Strs Ohio holds 0.01% of its portfolio in Empire State Realty Trust, Inc. (NYSE:ESRT) for 167,567 shares. North Star Mngmt Corporation owns 434 shares. Real Estate Mgmt Serv Limited Liability Corp holds 902,000 shares or 4.3% of its portfolio. Pinnacle Limited, New York-based fund reported 10,107 shares. Rhumbline Advisers holds 0.01% or 137,281 shares in its portfolio. 10,494 are owned by Independent Order Of Foresters. Metropolitan Life Ins New York holds 0% of its portfolio in Empire State Realty Trust, Inc. (NYSE:ESRT) for 10,650 shares. Century Companies holds 3.42M shares. Voya Investment Mgmt Ltd Limited Liability Company owns 34,699 shares. Daiwa Secs Grp reported 8.22M shares. Jefferies Ltd Liability reported 0% of its portfolio in Empire State Realty Trust, Inc. (NYSE:ESRT). Nomura Asset Mgmt Com Limited, a Japan-based fund reported 73,570 shares.

The stock increased 0.70% or $0.3 during the last trading session, reaching $43.05. About 127,674 shares traded. Altra Industrial Motion Corp. (AIMC) has risen 22.65% since May 11, 2017 and is uptrending. It has outperformed by 11.10% the S&P500.

Spitfire Capital Llc holds 3.88% of its portfolio in Altra Industrial Motion Corp. for 174,087 shares. Rk Capital Management Llc owns 214,145 shares or 2.27% of their US portfolio. Moreover, Redwood Investments Llc has 1.51% invested in the company for 424,383 shares. The Pennsylvania-based Alphaone Investment Services Llc has invested 1.48% in the stock. Wasatch Advisors Inc, a Utah-based fund reported 1.68 million shares.

Altra Industrial Motion Corp. designs, produces, and markets mechanical power transmission components worldwide. The company has market cap of $1.27 billion. The firm operates through three divisions: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes; and Gearing. It has a 24.32 P/E ratio. It offers coupling products under the Ameridrives, Bibby, Lamiflex, TB Wood's, Huco Dynatork, Guardian, and Stromag brands for food processing, gas and oil, power generation, material handling, medical, metals, mining, and mobile off-highway markets; and heavy duty clutches and brakes under the Wichita Clutch, Twiflex, Industrial Clutch, Svendborg Brakes, and Stromag brands for use in metal forming, gas and oil drilling platforms, mining, material handling, marine, and wind turbine applications.

Empire State Realty Trust, Inc. (NYSE:ESRT) Institutional Positions Chart