Schonfeld Strategic Advisors LLC Makes New Investment in Colony Capital, Inc. (NYSE:CLNY)


Share on StockTwits

Schonfeld Strategic Advisors LLC purchased a new stake in Colony Capital, Inc. (NYSE:CLNY) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 66,200 shares of the real estate investment trust’s stock, valued at approximately $181,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ranger Global Real Estate Advisors LLC lifted its holdings in Colony Capital by 85.3% in the third 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 acquiring an additional 7,705,193 shares during the last quarter. Security Benefit Life Insurance Co. KS acquired a new stake in shares of Colony Capital during the 3rd quarter worth about $17,378,000. GEM Realty Capital acquired a new stake in shares of Colony Capital during the 3rd quarter worth about $13,512,000. Thunderbird Partners LLP purchased a new stake in Colony Capital in the 3rd quarter valued at about $10,436,000. Finally, Charles Schwab Investment Management Inc. lifted its position in Colony Capital by 125.6% in the second quarter. Charles Schwab Investment Management Inc. now owns 6,114,096 shares of the real estate investment trust’s stock valued at $14,674,000 after buying an additional 3,404,175 shares during the last quarter. Institutional investors and hedge funds own 67.68% of the company’s stock.

A number of research firms have recently issued reports on CLNY. Truist started coverage on shares of Colony Capital in a research note on Thursday, December 3rd. They issued a “buy” rating and a $6.00 price target on the stock. Zacks Investment Research lowered Colony Capital from a “hold” rating to a “sell” rating in a research report on Thursday, December 10th. B. Riley boosted their price objective on Colony Capital from $5.00 to $6.00 and gave the company a “buy” rating in a report on Tuesday, December 8th. They noted that the move was a valuation call. Finally, ValuEngine lowered Colony Capital from a “buy” rating to a “hold” rating in a research note on Friday, December 11th.

Shares of NYSE:CLNY opened at $4.81 on Friday. The firm has a 50 day simple moving average of $4.59 and a 200-day simple moving average of $3.18. Colony Capital, Inc. has a twelve month low of $1.33 and a twelve month high of $5.17. The company has a current ratio of 2.72, a quick ratio of 2.72 and a debt-to-equity ratio of 1.21. The company has a market capitalization of $2.32 billion, a PE ratio of -0.86 and a beta of 1.86.

Colony Capital (NYSE:CLNY) last announced 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 net margin of 146.26% and a negative return on equity of 58.61%. As a group, equities research analysts predict that Colony Capital, Inc. will post 0.02 EPS for the current fiscal year.

About Colony Capital

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.

Featured Article: What are different types of coverage ratios?

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

Receive News & Ratings for Colony Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Colony Capital and related companies with MarketBeat.com's FREE daily email newsletter.