Amundi Pioneer Asset Management Inc. decreased its stake in Colony Capital Inc (NYSE:CLNY) by 14.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 250,155 shares of the real estate investment trust’s stock after selling 41,512 shares during the quarter. Amundi Pioneer Asset Management Inc.’s holdings in Colony Capital were worth $1,171,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Accident Compensation Corp grew its stake in Colony Capital by 78.5% during the 4th quarter. Accident Compensation Corp now owns 134,413 shares of the real estate investment trust’s stock valued at $629,000 after acquiring an additional 59,132 shares in the last quarter. BlackRock Inc. lifted its stake in Colony Capital by 6.5% in the 3rd quarter. BlackRock Inc. now owns 33,923,850 shares of the real estate investment trust’s stock worth $206,595,000 after purchasing an additional 2,079,445 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in shares of Colony Capital by 141.0% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 4,579,491 shares of the real estate investment trust’s stock worth $21,432,000 after purchasing an additional 2,679,368 shares during the last quarter. Old West Investment Management LLC acquired a new position in shares of Colony Capital during the 4th quarter worth approximately $1,326,000. Finally, Odey Asset Management Group Ltd grew its position in shares of Colony Capital by 127.4% in the third quarter. Odey Asset Management Group Ltd now owns 2,206,000 shares of the real estate investment trust’s stock valued at $13,435,000 after purchasing an additional 1,236,000 shares in the last quarter. 83.29% of the stock is owned by institutional investors and hedge funds.
Several equities research analysts recently commented on the company. Zacks Investment Research raised Colony Capital from a “hold” rating to a “buy” rating and set a $6.25 price target for the company in a report on Wednesday, January 16th. ValuEngine lowered Colony Capital from a “hold” rating to a “sell” rating in a research note on Monday, February 4th.
NYSE CLNY opened at $5.47 on Friday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 3.51 and a current ratio of 3.51. The firm has a market cap of $2.64 billion, a PE ratio of 8.82 and a beta of 1.57. Colony Capital Inc has a 52 week low of $4.55 and a 52 week high of $7.18.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 29th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 8.04%. The ex-dividend date is Thursday, March 28th. Colony Capital’s dividend payout ratio is currently 70.97%.
Colony Capital Profile
Colony Capital, Inc (NYSE: CLNY) is a leading global investment management firm with assets under management of $43 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.
Want to see what other hedge funds are holding CLNY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Colony Capital Inc (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.