Emerald Mutual Fund Advisers Trust lifted its holdings in shares of Colony Capital, Inc. (NYSE:CLNY) by 396.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,335,125 shares of the real estate investment trust’s stock after buying an additional 1,065,925 shares during the period. Emerald Mutual Fund Advisers Trust’s holdings in Colony Capital were worth $6,422,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in CLNY. Ranger Global Real Estate Advisors LLC grew its position in shares of Colony Capital by 85.3% during the 3rd quarter. Ranger Global Real Estate Advisors LLC now owns 16,736,081 shares of the real estate investment trust’s stock valued at $45,690,000 after buying an additional 7,705,193 shares during the last quarter. Security Benefit Life Insurance Co. KS bought a new position in Colony Capital in the 3rd quarter worth about $17,378,000. GEM Realty Capital bought a new position in Colony Capital in the 3rd quarter worth about $13,512,000. Thunderbird Partners LLP bought a new position in Colony Capital in the 3rd quarter worth about $10,436,000. Finally, Lombard Odier Asset Management USA Corp bought a new position in Colony Capital in the 3rd quarter worth about $5,187,000. 75.69% of the stock is owned by institutional investors and hedge funds.
Several research firms have commented on CLNY. Truist began coverage on shares of Colony Capital in a research report on Thursday, December 3rd. They issued a “buy” rating and a $6.00 target price for the company. B. Riley upped their price target on shares of Colony Capital from $5.00 to $6.00 and gave the stock a “buy” rating in a research note on Tuesday, December 8th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised shares of Colony Capital from a “sell” rating to a “hold” rating in a research note on Monday, January 4th.
Shares of NYSE:CLNY opened at $4.97 on Wednesday. The company has a 50 day moving average of $4.86 and a 200-day moving average of $3.56. The firm has a market cap of $2.40 billion, a P/E ratio of -0.89 and a beta of 1.86. Colony Capital, Inc. has a twelve month low of $1.33 and a twelve month high of $5.20. The company has a current ratio of 2.72, a quick ratio of 2.72 and a debt-to-equity ratio of 1.21.
Colony Capital (NYSE:CLNY) last issued its quarterly earnings results on Friday, November 6th. The real estate investment trust reported ($0.22) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.19). Colony Capital had a negative return on equity of 58.61% and a negative net margin of 146.26%. Equities research analysts forecast that Colony Capital, Inc. will post 0.02 EPS for the current year.
Colony Capital Profile
Colony Capital, Inc (NYSE: CLNY) is a leading global investment firm with a heritage of identifying and capitalizing on key secular trends in real estate. The Company manages an approximately $47 billion portfolio of real assets on behalf of its shareholders and limited partners, including over $23 billion in digital real estate investments through Digital Colony, its digital infrastructure platform.
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