Ibex Investors LLC trimmed its stake in Colony Capital Inc (NYSE:CLNY) by 16.3% in the first quarter, HoldingsChannel reports. The firm owned 141,007 shares of the real estate investment trust’s stock after selling 27,477 shares during the quarter. Ibex Investors LLC’s holdings in Colony Capital were worth $750,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of CLNY. Accident Compensation Corp increased its holdings in Colony Capital by 78.5% in the fourth quarter. Accident Compensation Corp now owns 134,413 shares of the real estate investment trust’s stock worth $629,000 after buying an additional 59,132 shares during the last quarter. D. E. Shaw & Co. Inc. grew its holdings in Colony Capital by 141.0% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 4,579,491 shares of the real estate investment trust’s stock valued at $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 Colony Capital during the fourth quarter valued at approximately $1,326,000. LSV Asset Management grew its holdings in Colony Capital by 3.1% during the fourth quarter. LSV Asset Management now owns 1,281,200 shares of the real estate investment trust’s stock valued at $5,996,000 after purchasing an additional 38,600 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new position in Colony Capital during the fourth quarter valued at approximately $257,000. 83.35% of the stock is owned by institutional investors and hedge funds.
Several brokerages have commented on CLNY. Zacks Investment Research upgraded Colony Capital from a “sell” rating to a “hold” rating in a report on Tuesday, April 16th. ValuEngine upgraded Colony Capital from a “sell” rating to a “hold” rating in a report on Thursday, March 21st.
CLNY stock traded up $0.02 during midday trading on Wednesday, hitting $5.19. 35,934 shares of the company traded hands, compared to its average volume of 1,998,357. Colony Capital Inc has a twelve month low of $4.55 and a twelve month high of $7.18. The company has a quick ratio of 3.51, a current ratio of 3.51 and a debt-to-equity ratio of 1.09. The company has a market cap of $2.49 billion, a PE ratio of 8.32 and a beta of 1.53.
Colony Capital (NYSE:CLNY) last announced its quarterly earnings results 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). Colony Capital had a negative net margin of 21.02% and a negative return on equity of 5.59%. The company had revenue of $632.90 million for the quarter, compared to analyst estimates of $627.45 million. The company’s revenue was down 5.1% compared to the same quarter last year. As a group, equities analysts expect that Colony Capital Inc will post 0.5 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $0.44 annualized dividend and a dividend yield of 8.48%. Colony Capital’s payout ratio is 70.97%.
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About Colony Capital
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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