Colony Capital Inc (CLNY) Holdings Decreased by Bank of Montreal Can

Bank of Montreal Can lowered its holdings in Colony Capital Inc (NYSE:CLNY) by 28.8% during the 1st quarter, HoldingsChannel reports. The fund owned 132,044 shares of the real estate investment trust’s stock after selling 53,434 shares during the quarter. Bank of Montreal Can’s holdings in Colony Capital were worth $703,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in CLNY. JNBA Financial Advisors purchased a new stake in shares of Colony Capital in the 4th quarter valued at about $32,000. Meeder Asset Management Inc. increased its position in shares of Colony Capital by 158.0% during the 4th quarter. Meeder Asset Management Inc. now owns 8,306 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 5,086 shares during the last quarter. Nordea Investment Management AB bought a new position in shares of Colony Capital during the 4th quarter valued at about $47,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Colony Capital during the 1st quarter valued at about $58,000. Finally, Corrado Advisors LLC bought a new position in shares of Colony Capital during the 1st quarter valued at about $62,000. 79.29% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Colony Capital stock opened at $5.12 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 3.51 and a current ratio of 3.51. The stock has a market cap of $2.49 billion, a PE ratio of 8.26 and a beta of 1.53. Colony Capital Inc has a 12 month low of $4.55 and a 12 month high of $7.18.

Colony Capital (NYSE:CLNY) last announced its quarterly earnings data on Friday, May 10th. The real estate investment trust reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.11 by ($0.32). The firm had revenue of $632.90 million for the quarter, compared to the consensus estimate of $627.45 million. Colony Capital had a negative net margin of 21.02% and a negative return on equity of 5.59%. The company’s revenue was down 5.1% on a year-over-year basis. Research analysts forecast that Colony Capital Inc will post 0.5 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $0.44 annualized dividend and a dividend yield of 8.59%. Colony Capital’s dividend payout ratio (DPR) is presently 70.97%.

Several equities analysts have recently commented on the company. Zacks Investment Research upgraded Colony Capital from a “sell” rating to a “hold” rating in a research report on Tuesday, April 16th. ValuEngine upgraded Colony Capital from a “sell” rating to a “hold” rating in a research report on Thursday, March 21st.

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Colony Capital Company 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.

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

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