Aperio Group LLC Acquires New Stake in Colony NorthStar Inc (CLNS)

Aperio Group LLC acquired a new stake in shares of Colony NorthStar Inc (NYSE:CLNS) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 148,384 shares of the real estate investment trust’s stock, valued at approximately $1,693,000.

Several other institutional investors and hedge funds also recently made changes to their positions in CLNS. Comerica Bank increased its stake in Colony NorthStar by 23.3% in the fourth quarter. Comerica Bank now owns 113,362 shares of the real estate investment trust’s stock valued at $1,122,000 after acquiring an additional 21,423 shares during the period. Boston Partners increased its stake in Colony NorthStar by 13.7% in the fourth quarter. Boston Partners now owns 1,098,223 shares of the real estate investment trust’s stock valued at $12,530,000 after acquiring an additional 132,193 shares during the period. Quantitative Systematic Strategies LLC bought a new stake in Colony NorthStar in the fourth quarter valued at about $287,000. Lourd Capital LLC bought a new stake in Colony NorthStar in the fourth quarter valued at about $242,000. Finally, RMR Advisors LLC increased its stake in Colony NorthStar by 90.9% in the fourth quarter. RMR Advisors LLC now owns 104,980 shares of the real estate investment trust’s stock valued at $1,198,000 after acquiring an additional 50,000 shares during the period. 81.47% of the stock is owned by institutional investors and hedge funds.

Shares of Colony NorthStar Inc (CLNS) opened at $7.87 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 4.64 and a current ratio of 4.64. The firm has a market cap of $4,290.00, a PE ratio of -196.75 and a beta of 1.08. Colony NorthStar Inc has a 52 week low of $7.86 and a 52 week high of $14.74.

CLNS has been the topic of a number of analyst reports. JMP Securities raised shares of Colony NorthStar from a “market perform” rating to an “outperform” rating and set a $13.00 target price on the stock in a research note on Friday, January 5th. Zacks Investment Research cut shares of Colony NorthStar from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. B. Riley reissued a “buy” rating and issued a $15.00 target price on shares of Colony NorthStar in a research note on Monday, January 22nd. ValuEngine raised shares of Colony NorthStar from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, January 16th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $19.00 target price on shares of Colony NorthStar in a research note on Wednesday, January 31st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $15.35.

In other Colony NorthStar news, insider David T. Hamamoto sold 2,225,909 shares of the company’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $12.09, for a total transaction of $26,911,239.81. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Neale Redington sold 12,500 shares of the company’s stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $11.74, for a total transaction of $146,750.00. Following the sale, the insider now directly owns 182,908 shares in the company, valued at $2,147,339.92. The disclosure for this sale can be found here. Insiders have sold 3,493,363 shares of company stock worth $42,260,703 over the last ninety days. Insiders own 7.99% of the company’s stock.

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Colony NorthStar Profile

Colony NorthStar, Inc is a diversified equity real estate investment trust (REIT). The Company combines a portfolio of real assets across the world, which are managed with a global real estate investment manager. The Company has property holdings in the healthcare, industrial and hospitality sectors, opportunistic equity and debt investments, and an embedded institutional and retail investment management business.

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Institutional Ownership by Quarter for Colony NorthStar (NYSE:CLNS)

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