Round Hill Asset Management Has $153,000 Stock Holdings in Gyrodyne, LLC (NASDAQ:GYRO)

Round Hill Asset Management increased its holdings in shares of Gyrodyne, LLC (NASDAQ:GYRO) by 17.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,715 shares of the real estate investment trust’s stock after acquiring an additional 2,924 shares during the period. Round Hill Asset Management’s holdings in Gyrodyne were worth $153,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Towerview LLC grew its position in Gyrodyne by 0.3% in the third quarter. Towerview LLC now owns 348,000 shares of the real estate investment trust’s stock valued at $2,697,000 after acquiring an additional 1,000 shares during the period. Gamco Investors INC. ET AL acquired a new stake in shares of Gyrodyne in the 1st quarter valued at $120,000. Finally, Gabelli Funds LLC boosted its stake in shares of Gyrodyne by 47.5% in the 1st quarter. Gabelli Funds LLC now owns 219,825 shares of the real estate investment trust’s stock valued at $1,825,000 after purchasing an additional 70,788 shares in the last quarter. 71.36% of the stock is currently owned by institutional investors and hedge funds.

Gyrodyne Stock Performance

Shares of Gyrodyne stock opened at $8.74 on Friday. Gyrodyne, LLC has a 12-month low of $7.65 and a 12-month high of $11.96. The company has a 50-day simple moving average of $9.23 and a 200 day simple moving average of $8.41.

Insider Transactions at Gyrodyne

In related news, major shareholder Towerview Llc sold 6,654 shares of the stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of $11.42, for a total transaction of $75,988.68. Following the sale, the insider now directly owns 341,346 shares in the company, valued at $3,898,171.32. This represents a 1.91 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 12.10% of the company’s stock.

Gyrodyne Profile

Gyrodyne, LLC owns and manages a diversified portfolio of real estate properties comprising office, industrial and service-oriented properties in the New York metropolitan area. Gyrodyne owns a 63 acre site approximately 50 miles east of New York City on the north shore of Long Island, which includes industrial and office buildings and undeveloped property which is the subject of plans to seek value-enhancing entitlements.