Private Management Group Inc buys $66,994,960 stake in Northstar Realty Finance Corp (NRF)

Northstar Realty Finance Corp (NRF) : Private Management Group Inc scooped up 37,191 additional shares in Northstar Realty Finance Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 5,118,026 shares of Northstar Realty Finance Corp which is valued at $66,994,960.Northstar Realty Finance Corp makes up approximately 4.30% of Private Management Group Inc’s portfolio.

Other Hedge Funds, Including , State Of Wisconsin Investment Board reduced its stake in NRF by selling 9,800 shares or 7.73% in the most recent quarter. The Hedge Fund company now holds 116,917 shares of NRF which is valued at $1,530,444. Northstar Realty Finance Corp makes up approx 0.01% of State Of Wisconsin Investment Board’s portfolio.Gsa Capital Partners Llp boosted its stake in NRF in the latest quarter, The investment management firm added 36,320 additional shares and now holds a total of 59,713 shares of Northstar Realty Finance Corp which is valued at $818,665. Northstar Realty Finance Corp makes up approx 0.04% of Gsa Capital Partners Llp’s portfolio.Sg Americas Securities reduced its stake in NRF by selling 119,555 shares or 78.28% in the most recent quarter. The Hedge Fund company now holds 33,180 shares of NRF which is valued at $448,262.Utah Retirement Systems boosted its stake in NRF in the latest quarter, The investment management firm added 9,400 additional shares and now holds a total of 42,100 shares of Northstar Realty Finance Corp which is valued at $568,771. Northstar Realty Finance Corp makes up approx 0.01% of Utah Retirement Systems’s portfolio.Simplex Trading reduced its stake in NRF by selling 4,943 shares or 63.83% in the most recent quarter. The Hedge Fund company now holds 2,801 shares of NRF which is valued at $36,385.

Northstar Realty Finance Corp opened for trading at $13.08 and hit $13.2 on the upside on Tuesday, eventually ending the session at $13.09, with a gain of 0.69% or 0.09 points. The heightened volatility saw the trading volume jump to 16,06,926 shares. Company has a market cap of $2,366 M.

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. Shares were Downgraded by FBR Capital on Jun 1, 2016 to ” Mkt Perform” and Lowered the Price Target to $ 12.75 from a previous price target of $18 .

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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