Insider Trade: David Karp Made a Purchase of 1,000 Shares of Empire State Realty Trust, Inc. (ESRT); Alliance California Municipal Income Fund Has 1.13 Sentiment

Mr. David Karp, the EVP and CFO at Empire State Realty Trust Inc has lately been linked with a stock market purchase of 1,000 shares of the New York-based company, valued at $16.7 per share. The amount of the transaction was of $16,650 U.S Dollars. This deal was reported on March 13, 2018 and is already filed with the U.S. SEC. The original report is free at your disposal for review to the public here. Currently, David Karp holds a total of 1,000 shares or 0.0003% of Empire State Realty Trust Inc’s total market capitalization.

The stock decreased 0.23% or $0.03 during the last trading session, reaching $12.77. About 25,349 shares traded. Alliance California Municipal Income Fund, Inc. (AKP) has declined 7.93% since March 14, 2017 and is downtrending. It has underperformed by 24.63% the S&P500.

The stock increased 1.54% or $0.26 during the last trading session, reaching $17.1. About 1.32 million shares traded or 13.02% up from the average. Empire State Realty Trust, Inc. (NYSE:ESRT) has risen 10.59% since March 14, 2017 and is uptrending. It has underperformed by 6.11% the S&P500.

Among 7 analysts covering Empire State Realty Trust (NYSE:ESRT), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Empire State Realty Trust has $24 highest and $18.0 lowest target. $21.43’s average target is 25.32% above currents $17.1 stock price. Empire State Realty Trust had 21 analyst reports since September 10, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of ESRT in report on Tuesday, January 9 with “Buy” rating. BMO Capital Markets maintained it with “Buy” rating and $22.0 target in Wednesday, February 21 report. The company was maintained on Monday, October 23 by KeyBanc Capital Markets. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, September 18 report. The firm has “Outperform” rating given on Thursday, September 10 by BMO Capital Markets. The stock of Empire State Realty Trust, Inc. (NYSE:ESRT) earned “Outperform” rating by Cowen & Co on Monday, March 28. The rating was maintained by KeyBanc Capital Markets on Friday, September 22 with “Buy”. The stock has “Buy” rating by BMO Capital Markets on Monday, September 4. As per Monday, February 26, the company rating was downgraded by Stifel Nicolaus. The firm has “Buy” rating by BTIG Research given on Thursday, August 25.

Since March 5, 2018, it had 1 insider purchase, and 0 selling transactions for $16,830 activity. $16,830 worth of Empire State Realty Trust, Inc. (NYSE:ESRT) was bought by Giliberto Salvatore Michael.

Empire State Realty Trust, Inc. , a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the world's most famous building. The company has market cap of $5.16 billion.

Analysts await Empire State Realty Trust, Inc. (NYSE:ESRT) to report earnings on April, 25. They expect $0.19 EPS, down 9.52% or $0.02 from last year’s $0.21 per share. ESRT’s profit will be $57.33 million for 22.50 P/E if the $0.19 EPS becomes a reality. After $0.25 actual EPS reported by Empire State Realty Trust, Inc. for the previous quarter, Wall Street now forecasts -24.00% negative EPS growth.

Investors sentiment increased to 1.52 in 2017 Q3. Its up 0.17, from 1.35 in 2017Q2. It increased, 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. Schroder Inv Management Gp has invested 0.05% of its portfolio in Empire State Realty Trust, Inc. (NYSE:ESRT). 35,703 were accumulated by Voya Inv Ltd. Dimensional Fund Advisors L P holds 2.16 million shares or 0.02% of its portfolio. Prelude Mgmt Limited Liability Corp holds 0.03% of its portfolio in Empire State Realty Trust, Inc. (NYSE:ESRT) for 14,884 shares. Cornerstone Advisors Incorporated holds 0% in Empire State Realty Trust, Inc. (NYSE:ESRT) or 327 shares. California State Teachers Retirement System owns 212,860 shares. North Star Inv Mngmt Corp reported 0% of its portfolio in Empire State Realty Trust, Inc. (NYSE:ESRT). Real Management Services Limited Liability invested in 916,800 shares. Jpmorgan Chase And holds 0% or 537 shares. Amundi Pioneer Asset Mngmt reported 142,100 shares. State Of Wisconsin Investment Board stated it has 0% in Empire State Realty Trust, Inc. (NYSE:ESRT). Hbk Invests L P accumulated 0% or 23,900 shares. Wells Fargo Company Mn owns 161,947 shares. Northern Tru Corporation invested 0.01% in Empire State Realty Trust, Inc. (NYSE:ESRT). First Mercantile Tru invested in 12,524 shares.

Thomas J. Herzfeld Advisors Inc. holds 0.11% of its portfolio in Alliance California Municipal Income Fund, Inc. for 17,781 shares. Advisors Asset Management Inc. owns 413,032 shares or 0.1% of their US portfolio. Moreover, Tradewinds Capital Management Llc has 0.07% invested in the company for 10,000 shares. The California-based Van Hulzen Asset Management Llc has invested 0.05% in the stock. Guggenheim Capital Llc, a Illinois-based fund reported 209,482 shares.