As New York Reit (NYRT) Stock Value Rose, Holder Real Estate Management Services LLC Has Trimmed Its Position

June 18, 2018 - By Louis Casey

Real Estate Management Services Llc decreased its stake in New York Reit (NYRT) by 90% based on its latest 2018Q1 regulatory filing with the SEC. Real Estate Management Services Llc sold 2.31M shares as the company’s stock rose 11.80% while stock markets declined. The institutional investor held 256,250 shares of the consumer services company at the end of 2018Q1, valued at $5.51 million, down from 2.56M at the end of the previous reported quarter. Real Estate Management Services Llc who had been investing in New York Reit for a number of months, seems to be less bullish one the $299.40M market cap company. It closed at $17.83 lastly. It is down 6.39% since June 18, 2017 and is downtrending. It has underperformed by 18.96% the S&P500.

Real Estate Management Services Llc, which manages about $741.04M and $396.43 million US Long portfolio, upped its stake in American Homes 4 Rent (NYSE:AMH) by 164,600 shares to 737,600 shares, valued at $14.81M in 2018Q1, according to the filing.

New York REIT, Inc. (NYSE:NYRT) Ratings Chart

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