Colony Credit Real Estate, Inc. (NYSE:CLNC) Shares Sold by WealthPLAN Partners LLC


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WealthPLAN Partners LLC reduced its position in Colony Credit Real Estate, Inc. (NYSE:CLNC) by 3.7% in the 4th quarter, Holdings Channel reports. The firm owned 242,691 shares of the company’s stock after selling 9,272 shares during the quarter. WealthPLAN Partners LLC’s holdings in Colony Credit Real Estate were worth $2,039,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. AdvisorNet Financial Inc raised its stake in Colony Credit Real Estate by 15.3% in the 4th quarter. AdvisorNet Financial Inc now owns 12,911 shares of the company’s stock valued at $97,000 after purchasing an additional 1,716 shares during the last quarter. Equitable Holdings Inc. raised its stake in Colony Credit Real Estate by 14.3% in the 3rd quarter. Equitable Holdings Inc. now owns 14,375 shares of the company’s stock valued at $71,000 after purchasing an additional 1,800 shares during the last quarter. Kovack Advisors Inc. raised its stake in Colony Credit Real Estate by 6.5% in the 3rd quarter. Kovack Advisors Inc. now owns 31,201 shares of the company’s stock valued at $153,000 after purchasing an additional 1,912 shares during the last quarter. Swiss National Bank raised its stake in Colony Credit Real Estate by 1.3% in the 4th quarter. Swiss National Bank now owns 189,000 shares of the company’s stock valued at $1,418,000 after purchasing an additional 2,500 shares during the last quarter. Finally, California State Teachers Retirement System raised its stake in Colony Credit Real Estate by 3.8% in the 3rd quarter. California State Teachers Retirement System now owns 126,796 shares of the company’s stock valued at $623,000 after purchasing an additional 4,592 shares during the last quarter. 32.29% of the stock is owned by hedge funds and other institutional investors.

Several analysts have issued reports on CLNC shares. BTIG Research began coverage on Colony Credit Real Estate in a report on Tuesday, February 2nd. They issued a “neutral” rating for the company. Zacks Investment Research upgraded Colony Credit Real Estate from a “sell” rating to a “hold” rating in a report on Monday, January 18th.

Colony Credit Real Estate stock traded down $0.21 during midday trading on Tuesday, reaching $8.50. 7,640 shares of the stock traded hands, compared to its average volume of 433,516. The company has a 50-day simple moving average of $8.25 and a two-hundred day simple moving average of $6.75. Colony Credit Real Estate, Inc. has a 12-month low of $2.46 and a 12-month high of $13.89. The firm has a market cap of $1.09 billion, a PE ratio of -4.17 and a beta of 1.82. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.72.

About Colony Credit Real Estate

Colony Credit Real Estate, Inc operates as a commercial real estate (CRE) credit real estate investment trust in the United States. It focuses on originating, acquiring, financing, and managing a portfolio of CRE senior mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties.

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Institutional Ownership by Quarter for Colony Credit Real Estate (NYSE:CLNC)

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