Voya Investment Management LLC Boosts Position in NorthStar Realty Europe Corp. (NRE)

Voya Investment Management LLC boosted its holdings in NorthStar Realty Europe Corp. (NYSE:NRE) by 10.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,943 shares of the financial services provider’s stock after purchasing an additional 2,562 shares during the quarter. Voya Investment Management LLC owned about 0.05% of NorthStar Realty Europe Corp. worth $354,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Senvest Management LLC boosted its holdings in NorthStar Realty Europe Corp. by 41.3% during the 2nd quarter. Senvest Management LLC now owns 4,402,909 shares of the financial services provider’s stock worth $55,829,000 after acquiring an additional 1,287,805 shares during the last quarter. Private Management Group Inc. boosted its holdings in NorthStar Realty Europe Corp. by 3.4% during the 2nd quarter. Private Management Group Inc. now owns 1,487,923 shares of the financial services provider’s stock worth $18,867,000 after acquiring an additional 48,791 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in NorthStar Realty Europe Corp. by 590.6% during the 2nd quarter. Acadian Asset Management LLC now owns 1,207,317 shares of the financial services provider’s stock worth $15,308,000 after acquiring an additional 1,032,499 shares during the last quarter. Hilton Capital Management LLC purchased a new position in NorthStar Realty Europe Corp. during the 2nd quarter worth $15,029,000. Finally, Dimensional Fund Advisors LP boosted its holdings in NorthStar Realty Europe Corp. by 18.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 670,428 shares of the financial services provider’s stock worth $8,501,000 after acquiring an additional 105,880 shares during the last quarter. 70.34% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have issued reports on NRE shares. JMP Securities started coverage on shares of NorthStar Realty Europe Corp. in a report on Wednesday, October 4th. They set an “outperform” rating and a $16.50 price objective on the stock. BidaskClub downgraded shares of NorthStar Realty Europe Corp. from a “buy” rating to a “hold” rating in a report on Friday, August 4th. FBR & Co assumed coverage on shares of NorthStar Realty Europe Corp. in a report on Tuesday, October 31st. They set a “buy” rating and a $17.00 price objective on the stock. Finally, B. Riley reiterated a “buy” rating and set a $17.00 target price on shares of NorthStar Realty Europe Corp. in a research note on Wednesday, November 1st. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. NorthStar Realty Europe Corp. has an average rating of “Buy” and a consensus price target of $16.83.

Shares of NorthStar Realty Europe Corp. (NYSE NRE) opened at $14.02 on Friday. NorthStar Realty Europe Corp. has a 52 week low of $10.04 and a 52 week high of $14.27. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.04.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Stockholders of record on Monday, November 20th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.28%. The ex-dividend date of this dividend is Friday, November 17th. NorthStar Realty Europe Corp.’s payout ratio is -171.42%.

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About NorthStar Realty Europe Corp.

NorthStar Realty Europe Corp. is a real estate investment trust (REIT). The Company is a European focused commercial real estate company with primary office properties in cities within Germany, the United Kingdom and France. Its objective is to provide its stockholders with stable and recurring cash flow supplemented by capital growth over time.

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Institutional Ownership by Quarter for NorthStar Realty Europe Corp. (NYSE:NRE)

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