Capwealth Advisors Lowers stake in Northstar Realty Finance Corp (NRF)

Northstar Realty Finance Corp (NRF) : Capwealth Advisors reduced its stake in Northstar Realty Finance Corp by 1.09% during the most recent quarter end. The investment management company now holds a total of 421,208 shares of Northstar Realty Finance Corp which is valued at $5,837,943 after selling 4,628 shares in Northstar Realty Finance Corp , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Northstar Realty Finance Corp makes up approximately 1.35% of Capwealth Advisors’s portfolio.

Other Hedge Funds, Including , Finemark National Bank Trust sold out all of its stake in NRF during the most recent quarter. The investment firm sold 300 shares of NRF which is valued $4,173.Alpine Woods Capital Investors reduced its stake in NRF by selling 555,250 shares or 51.77% in the most recent quarter. The Hedge Fund company now holds 517,286 shares of NRF which is valued at $7,143,720. Northstar Realty Finance Corp makes up approx 0.41% of Alpine Woods Capital Investors’s portfolio.Cedar Capital reduced its stake in NRF by selling 4,038 shares or 2.36% in the most recent quarter. The Hedge Fund company now holds 166,729 shares of NRF which is valued at $2,495,933. Northstar Realty Finance Corp makes up approx 0.94% of Cedar Capital’s portfolio.Commonwealth Equity Services Inc boosted its stake in NRF in the latest quarter, The investment management firm added 3,437 additional shares and now holds a total of 368,441 shares of Northstar Realty Finance Corp which is valued at $5,482,402. Northstar Realty Finance Corp makes up approx 0.04% of Commonwealth Equity Services Inc’s portfolio.

Northstar Realty Finance Corp closed down -0.02 points or -0.14% at $14.38 with 9,81,868 shares getting traded on Monday. Post opening the session at $14.45, the shares hit an intraday low of $14.33 and an intraday high of $14.49 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Northstar Realty Finance Corp reported $-0.69 EPS for the quarter, missing the analyst consensus estimate by $ -0.79 based on the information available during the earnings call on Nov 9, 2015. Analyst had a consensus of $0.10. The company had revenue of $528.20 million for the quarter, compared to analysts expectations of $477.19 million. The company’s revenue was up 171.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.23 EPS.

Many Wall Street Analysts have commented on Northstar Realty Finance Corp. Company shares were Upgraded by FBR & Co. on Oct 21, 2016 to ” Outperform”, Firm has raised the Price Target to $ 16 from a previous price target of $12.75 .

NorthStar Realty Finance Corp. is a commercial real estate company. The Company invests in multiple asset classes across commercial real estate (CRE). Its portfolio consists of healthcare hotel manufactured housing communities net lease multifamily properties and international real estate with a focus on Europe. It also invests in other opportunistic real estate investments such as indirect interests in real estate through real estate private equity funds. The Company also acquires hotel and certain healthcare properties through structures permitted by the real estate investment trust (REIT) investment diversification and empowerment. The Company’s segments include Real Estate Commercial Real Estate Debt (CRE debt) Commercial Real Estate Securities N-Star CDOs and Corporate. Its real estate equity investments that operate under the RIDEA structure generate resident and hotel guest related income from short-term residential agreements.

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