Virtu KCG Holdings LLC Purchases Shares of 19,723 New York REIT, Inc. (NYRT)

Virtu KCG Holdings LLC purchased a new stake in New York REIT, Inc. (NYSE:NYRT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 19,723 shares of the real estate investment trust’s stock, valued at approximately $170,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cowen Inc. grew its stake in shares of New York REIT by 15.5% in the 2nd quarter. Cowen Inc. now owns 4,916,084 shares of the real estate investment trust’s stock valued at $42,475,000 after buying an additional 658,127 shares in the last quarter. Royce & Associates LP grew its stake in shares of New York REIT by 571.4% in the 2nd quarter. Royce & Associates LP now owns 470,000 shares of the real estate investment trust’s stock valued at $4,061,000 after buying an additional 400,000 shares in the last quarter. GoodHaven Capital Management LLC bought a new stake in shares of New York REIT in the 2nd quarter valued at approximately $1,296,000. Wittenberg Investment Management Inc. grew its stake in shares of New York REIT by 66.7% in the 2nd quarter. Wittenberg Investment Management Inc. now owns 1,066,430 shares of the real estate investment trust’s stock valued at $9,214,000 after buying an additional 426,644 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new stake in shares of New York REIT in the 1st quarter valued at approximately $12,557,000. 70.73% of the stock is owned by institutional investors and hedge funds.

Shares of New York REIT, Inc. (NYRT) opened at 7.54 on Monday. The company has a 50 day moving average price of $7.79 and a 200 day moving average price of $8.51. New York REIT, Inc. has a 52 week low of $7.25 and a 52 week high of $10.15. The company’s market cap is $1.26 billion.

Separately, BidaskClub cut New York REIT from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 12th.

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New York REIT Company Profile

New York REIT, Inc is a real estate investment trust. The Company owns a portfolio of commercial real estate. The Company’s business is primarily conducted through New York Recovery Operating Partnership, L.P. As of December 31, 2016, the Company owned 19 properties, which aggregated 3.3 million rentable square feet.

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

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