Wells Fargo & Company MN reduced its holdings in New York REIT, Inc. (NYSE:NYRT) by 1.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,111 shares of the real estate investment trust’s stock after selling 1,110 shares during the period. Wells Fargo & Company MN owned approximately 0.06% of New York REIT worth $926,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Blair William & Co. IL lifted its stake in shares of New York REIT by 20.6% in the second quarter. Blair William & Co. IL now owns 13,499 shares of the real estate investment trust’s stock worth $117,000 after buying an additional 2,309 shares in the last quarter. Sei Investments Co. lifted its stake in shares of New York REIT by 86.3% in the second quarter. Sei Investments Co. now owns 18,269 shares of the real estate investment trust’s stock worth $158,000 after buying an additional 8,465 shares in the last quarter. Karp Capital Management Corp purchased a new position in shares of New York REIT in the first quarter worth about $181,000. Twin Focus Capital Partners LLC purchased a new position in shares of New York REIT in the second quarter worth about $199,000. Finally, Aperio Group LLC lifted its stake in shares of New York REIT by 65.5% in the second quarter. Aperio Group LLC now owns 30,952 shares of the real estate investment trust’s stock worth $267,000 after buying an additional 12,247 shares in the last quarter. 70.73% of the stock is currently owned by hedge funds and other institutional investors.

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

ILLEGAL ACTIVITY WARNING: This report was first posted by Watch List News and is the property of of Watch List News. If you are accessing this report on another domain, it was copied illegally and reposted in violation of U.S. and international trademark and copyright laws. The legal version of this report can be accessed at https://www.watchlistnews.com/new-york-reit-inc-nyrt-holdings-cut-by-wells-fargo-company-mn/1679700.html.

Shares of New York REIT, Inc. (NYSE:NYRT) opened at $7.33 on Friday. New York REIT, Inc. has a 12-month low of $7.25 and a 12-month high of $10.15. The stock has a market cap of $1,230.92, a PE ratio of 22.91 and a beta of 0.72. The company has a debt-to-equity ratio of 1.31, a quick ratio of 2.61 and a current ratio of 2.61.

About New York REIT

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.

Want to see what other hedge funds are holding NYRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for New York REIT, Inc. (NYSE:NYRT).

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

Receive News & Ratings for New York REIT Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New York REIT Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.