Edge Wealth Management LLC Buys 3,000 Shares of Colony Capital Inc (CLNY)

Edge Wealth Management LLC lifted its position in shares of Colony Capital Inc (NYSE:CLNY) by 12.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,500 shares of the real estate investment trust’s stock after buying an additional 3,000 shares during the quarter. Edge Wealth Management LLC’s holdings in Colony Capital were worth $146,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CLNY. Norges Bank bought a new position in shares of Colony Capital during the 4th quarter worth $30,418,000. Fosun International Ltd grew its position in shares of Colony Capital by 19.8% during the 4th quarter. Fosun International Ltd now owns 16,686,165 shares of the real estate investment trust’s stock worth $78,092,000 after buying an additional 2,758,934 shares in the last quarter. D. E. Shaw & Co. Inc. grew its position 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 buying an additional 2,679,368 shares in the last quarter. BlackRock Inc. boosted its position in Colony Capital by 6.5% during the third quarter. BlackRock Inc. now owns 33,923,850 shares of the real estate investment trust’s stock valued at $206,595,000 after purchasing an additional 2,079,445 shares in the last quarter. Finally, Odey Asset Management Group Ltd boosted its position in Colony Capital by 76.4% during the fourth quarter. Odey Asset Management Group Ltd now owns 3,890,327 shares of the real estate investment trust’s stock valued at $18,207,000 after purchasing an additional 1,684,327 shares in the last quarter. 83.30% of the stock is currently owned by institutional investors and hedge funds.

CLNY has been the topic of a number of recent research reports. ValuEngine downgraded Colony Capital from a “hold” rating to a “sell” rating in a research report on Monday, February 4th. Zacks Investment Research raised Colony Capital from a “hold” rating to a “buy” rating and set a $6.25 price objective on the stock in a research report on Wednesday, January 16th.

Shares of CLNY stock opened at $5.26 on Friday. Colony Capital Inc has a 1-year low of $4.55 and a 1-year high of $7.18. The stock has a market cap of $2.54 billion, a P/E ratio of 8.48 and a beta of 1.53. 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 business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 8.37%. The ex-dividend date was Thursday, March 28th. Colony Capital’s payout ratio is currently 70.97%.

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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.

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

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