North Run Capital Lp buys $37,782,500 stake in NorthStar Asset Management Group Inc (NSAM)

NorthStar Asset Management Group Inc (NSAM) : North Run Capital Lp scooped up 1,050,000 additional shares in NorthStar Asset Management Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 3,175,000 shares of NorthStar Asset Management Group Inc which is valued at $37,782,500.NorthStar Asset Management Group Inc makes up approximately 5.67% of North Run Capital Lp’s portfolio.

Other Hedge Funds, Including , Aperio Group reduced its stake in NSAM by selling 1,187 shares or 1.85% in the most recent quarter. The Hedge Fund company now holds 63,071 shares of NSAM which is valued at $750,545. NorthStar Asset Management Group Inc makes up approx 0.01% of Aperio Group’s portfolio.Dimensional Fund Advisors Lp boosted its stake in NSAM in the latest quarter, The investment management firm added 709,930 additional shares and now holds a total of 1,170,216 shares of NorthStar Asset Management Group Inc which is valued at $14,042,592. NorthStar Asset Management Group Inc makes up approx 0.01% of Dimensional Fund Advisors Lp’s portfolio.Boston Partners boosted its stake in NSAM in the latest quarter, The investment management firm added 113,012 additional shares and now holds a total of 269,045 shares of NorthStar Asset Management Group Inc which is valued at $3,236,611.Proficio Capital Partners boosted its stake in NSAM in the latest quarter, The investment management firm added 43 additional shares and now holds a total of 67 shares of NorthStar Asset Management Group Inc which is valued at $795.

NorthStar Asset Management Group Inc opened for trading at $12.01 and hit $12.1 on the upside on Monday, eventually ending the session at $12.06, with a gain of 0.92% or 0.11 points. The heightened volatility saw the trading volume jump to 7,74,229 shares. Company has a market cap of $2,342 M.

On the company’s financial health, NorthStar Asset Management Group Inc reported $0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.16.Analysts expectations of $ 118.43.

Many Wall Street Analysts have commented on NorthStar Asset Management Group Inc. Company shares were Upgraded by FBR Capital on Jun 6, 2016 to ” Outperform”, Firm has raised the Price Target to $ 15 from a previous price target of $12.50 .Shares were Downgraded by FBR Capital on Jun 1, 2016 to ” Mkt Perform” and Lowered the Price Target to $ 12.50 from a previous price target of $15 .

Northstar Asset Management Group Inc. is an asset management company. The Company is focused on managing real estate and other investment platforms in the United States and internationally. The Company owns NorthStar Realty Securities LLC (NorthStar Securities) which is a captive broker-dealer platform and raises capital in the retail market for its sponsored companies. The Company’s sponsored companies include NorthStar Real Estate Income Trust Inc. (NorthStar Income); NorthStar Healthcare Income Inc. (North Star Healthcare); NorthStar/RXR New York Metro Income Inc. ( NorthStar/RXR New York Metro) and NorthStar Corporate Income Inc. (NorthStar Corporate). The Company also leases its offices in New York; Denver Colorado; Dallas Texas; Bethesda Maryland; London United Kingdom; Senningerberg Luxembourg Los Angeles California and Pembroke Bermuda.

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