Colony Capital Inc (CLNY) Position Raised by Edge Wealth Management LLC

Edge Wealth Management LLC lifted its holdings in shares of Colony Capital Inc (NYSE:CLNY) by 22.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,500 shares of the real estate investment trust’s stock after buying an additional 4,500 shares during the period. Edge Wealth Management LLC’s holdings in Colony Capital were worth $115,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CLNY. Timbercreek Investment Management Inc. lifted its holdings in Colony Capital by 4.2% in the fourth quarter. Timbercreek Investment Management Inc. now owns 1,338,196 shares of the real estate investment trust’s stock valued at $6,263,000 after acquiring an additional 53,470 shares during the period. Marshall Wace LLP lifted its holdings in Colony Capital by 984.8% in the third quarter. Marshall Wace LLP now owns 472,885 shares of the real estate investment trust’s stock valued at $2,880,000 after acquiring an additional 429,292 shares during the period. Morgan Stanley lifted its holdings in Colony Capital by 12.7% in the third quarter. Morgan Stanley now owns 1,069,468 shares of the real estate investment trust’s stock valued at $6,513,000 after acquiring an additional 120,780 shares during the period. Legal & General Group Plc lifted its holdings in Colony Capital by 281.4% in the third quarter. Legal & General Group Plc now owns 1,687,001 shares of the real estate investment trust’s stock valued at $10,273,000 after acquiring an additional 1,244,659 shares during the period. Finally, Standard Life Aberdeen plc bought a new position in Colony Capital in the third quarter valued at about $6,008,000. 81.08% of the stock is currently owned by institutional investors.

NYSE CLNY opened at $5.55 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 4.07 and a current ratio of 4.07. Colony Capital Inc has a 52 week low of $4.55 and a 52 week high of $10.71. The stock has a market capitalization of $2.73 billion, a PE ratio of 7.60 and a beta of 1.36.

Colony Capital (NYSE:CLNY) last posted its quarterly earnings data on Wednesday, November 7th. The real estate investment trust reported ($0.15) EPS for the quarter, missing the consensus estimate of $0.13 by ($0.28). Colony Capital had a negative return on equity of 4.75% and a negative net margin of 17.64%. The company had revenue of $674.77 million during the quarter, compared to the consensus estimate of $673.20 million. The firm’s quarterly revenue was down 14.6% compared to the same quarter last year. On average, equities analysts predict that Colony Capital Inc will post 0.66 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 7.93%. The ex-dividend date is Friday, December 28th.

In other news, insider Neale Redington sold 15,000 shares of the firm’s stock in a transaction dated Thursday, December 6th. The stock was sold at an average price of $6.00, for a total value of $90,000.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 7.75% of the stock is owned by company insiders.

A number of research analysts have weighed in on the company. ValuEngine raised Colony Capital from a “strong sell” rating to a “sell” rating in a report on Friday, October 26th. Zacks Investment Research raised Colony Capital from a “hold” rating to a “strong-buy” rating and set a $6.75 target price on the stock in a report on Tuesday, October 9th. Finally, JMP Securities set a $9.00 target price on Colony Capital and gave the company a “buy” rating in a report on Tuesday, October 16th.

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Colony Capital Profile

Colony Capital, Inc (NYSE: CLNY) is a leading global investment management firm with assets under management of $44 billion. The Company manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, non-traded and traded real estate investment trusts and registered investment companies.

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Institutional Ownership by Quarter for Colony Capital (NYSE:CLNY)

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