Private Advisor Group LLC decreased its holdings in shares of Colony NorthStar Inc (NYSE:CLNS) by 59.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,419 shares of the real estate investment trust’s stock after selling 101,735 shares during the period. Private Advisor Group LLC’s holdings in Colony NorthStar were worth $749,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Opus Capital Group LLC bought a new stake in shares of Colony NorthStar during the 4th quarter valued at about $114,000. Lourd Capital LLC bought a new stake in shares of Colony NorthStar during the 4th quarter valued at about $242,000. Syntal Capital Partners LLC bought a new stake in shares of Colony NorthStar during the 4th quarter valued at about $259,000. Quantitative Systematic Strategies LLC bought a new stake in shares of Colony NorthStar during the 4th quarter valued at about $287,000. Finally, Starfire Investment Advisers Inc. bought a new stake in shares of Colony NorthStar during the 4th quarter valued at about $385,000. Institutional investors own 81.47% of the company’s stock.
Several brokerages recently commented on CLNS. B. Riley restated a “buy” rating on shares of Colony NorthStar in a research report on Wednesday, November 1st. ValuEngine lowered Colony NorthStar from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd. Zacks Investment Research upgraded Colony NorthStar from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 7th. Royal Bank of Canada restated an “outperform” rating and set a $19.00 target price on shares of Colony NorthStar in a research report on Wednesday, January 31st. Finally, JMP Securities upgraded Colony NorthStar from a “market perform” rating to an “outperform” rating and set a $13.00 target price on the stock in a research report on Friday, January 5th. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. Colony NorthStar presently has a consensus rating of “Buy” and an average price target of $15.35.
In other Colony NorthStar news, Vice Chairman David T. Hamamoto sold 805,174 shares of the stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $12.15, for a total value of $9,782,864.10. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider David T. Hamamoto sold 2,225,909 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $12.09, for a total value of $26,911,239.81. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,493,363 shares of company stock worth $42,260,703. Corporate insiders own 7.99% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Colony NorthStar Inc (CLNS) Shares Sold by Private Advisor Group LLC” was posted by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this article on another website, it was illegally copied and republished in violation of international trademark and copyright laws. The original version of this article can be read at https://sportsperspectives.com/2018/02/22/colony-northstar-inc-clns-shares-sold-by-private-advisor-group-llc.html.
Colony NorthStar Company 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.
Want to see what other hedge funds are holding CLNS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Colony NorthStar Inc (NYSE:CLNS).
Receive News & Ratings for Colony NorthStar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Colony NorthStar and related companies with MarketBeat.com's FREE daily email newsletter.