New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Posts Earnings Results

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) posted its quarterly earnings results on Friday. The company reported ($9.99) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $24.40 million for the quarter.

New England Realty Associates Limited Partnership Price Performance

NEN opened at $56.30 on Friday. The company has a 50-day moving average of $58.02 and a 200-day moving average of $60.49. New England Realty Associates Limited Partnership has a 1-year low of $55.61 and a 1-year high of $73.50.

Hedge Funds Weigh In On New England Realty Associates Limited Partnership

An institutional investor recently bought a new position in New England Realty Associates Limited Partnership stock. Susquehanna International Group LLP acquired a new stake in shares of New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,434 shares of the company’s stock, valued at approximately $246,000. Susquehanna International Group LLP owned approximately 0.12% of New England Realty Associates Limited Partnership as of its most recent SEC filing.

About New England Realty Associates Limited Partnership

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire. NewReal, Inc serves as the general partner of the company. New England Realty Associates Limited Partnership was incorporated in 1977 and is headquartered in Allston, Massachusetts.