TIAA CREF Investment Management LLC reduced its holdings in shares of Empire Resorts, Inc. (NASDAQ:NYNY) by 12.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,589 shares of the company’s stock after selling 1,319 shares during the period. TIAA CREF Investment Management LLC’s holdings in Empire Resorts were worth $229,000 at the end of the most recent quarter.

Separately, Teachers Advisors LLC increased its holdings in Empire Resorts by 29.5% during the second quarter. Teachers Advisors LLC now owns 5,472 shares of the company’s stock valued at $131,000 after buying an additional 1,247 shares during the last quarter. 1.87% of the stock is currently owned by institutional investors.

Shares of Empire Resorts, Inc. (NASDAQ:NYNY) opened at $21.65 on Friday. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.14 and a current ratio of 0.14. Empire Resorts, Inc. has a 52 week low of $20.45 and a 52 week high of $25.50.

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Separately, BidaskClub cut shares of Empire Resorts from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 10th.

About Empire Resorts

Empire Resorts, Inc is a holding company for various subsidiaries engaged in the hospitality and gaming industries. As of December 31, 2016, the Company, through Monticello Raceway Management, Inc (MRMI), owned and operated Monticello Casino and Raceway, a 45,000 square foot video gaming machine (VGM) and harness horseracing facility located in Monticello, New York, approximately 90 miles northwest of New York City.

Institutional Ownership by Quarter for Empire Resorts (NASDAQ:NYNY)

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