Green Owl Capital Management Exits Position in NorthStar Asset Management Group Inc (NSAM)

NorthStar Asset Management Group Inc (NSAM) : Green Owl Capital Management has sold out all of its stake in NorthStar Asset Management Group Inc during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 53,713 shares of NorthStar Asset Management Group Inc which is valued at $639,185.

Other Hedge Funds, Including , Two Sigma Investments Lp reduced its stake in NSAM by selling 207,687 shares or 53.23% in the most recent quarter. The Hedge Fund company now holds 182,483 shares of NSAM which is valued at $2,171,548. NorthStar Asset Management Group Inc makes up approx 0.01% of Two Sigma Investments Lp’s portfolio. Pacad Investment Ltd. added NSAM to its portfolio by purchasing 3,300 company shares during the most recent quarter which is valued at $39,270. NorthStar Asset Management Group Inc makes up approx 0.01% of Pacad Investment Ltd.’s portfolio. Bluemountain Capital Management sold out all of its stake in NSAM during the most recent quarter. The investment firm sold 88,236 shares of NSAM which is valued $1,050,008.Fny Managed Accounts boosted its stake in NSAM in the latest quarter, The investment management firm added 700 additional shares and now holds a total of 2,000 shares of NorthStar Asset Management Group Inc which is valued at $23,180. NorthStar Asset Management Group Inc makes up approx 0.02% of Fny Managed Accounts’s portfolio.Jnba Financial Advisors reduced its stake in NSAM by selling 754 shares or 14.67% in the most recent quarter. The Hedge Fund company now holds 4,386 shares of NSAM which is valued at $50,527. NorthStar Asset Management Group Inc makes up approx 0.01% of Jnba Financial Advisors’s portfolio.

NorthStar Asset Management Group Inc closed down -0.02 points or -0.16% at $12.41 with 12,91,050 shares getting traded on Thursday. Post opening the session at $12.46, the shares hit an intraday low of $12.33 and an intraday high of $12.51 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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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