Colony Capital Inc (CLNY) has been under a strong bear grip, hence the stock is down -4.24% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 5.46% in the past 1 week. The stock has risen by 7.04% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.06% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 6.53% and the 50-Day Moving Average is 0.97%.
Colony Capital Inc (NYSE:CLNY): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.05 and $16.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.04, notching a gain of 0.29% for the day. The total traded volume was 2,842,686 . The stock had closed at $16.99 on the previous day.
The company Insiders own 17.69% of Colony Capital Inc shares according to the proxy statements. Institutional Investors own 94.38% of Colony Capital Inc shares. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CEO of Colony Capital, Inc., Saltzman Richard B, had purchased 75,000 shares in a transaction dated on March 7, 2016. The transaction was executed at $16.5 per share with total amount equaling $1,237,500.
Colony Capital, Inc., formerly Colony Financial, Inc., is a diversified commercial real estate and investment management company that owns a portfolio of real estate equity and debt investments at risk-adjusted returns. The Company operates in four segments: real estate debt investments, which include originated and acquired commercial real estate debt, mortgage-backed securities, and other debt-related investments; a portfolio of light industrial real estate assets and associated operating platform acquired from Cobalt Capital Partners, L.P. and its affiliates; single-family residential rentals through its investment in CAH OP, and other real estate equity investments, which include real estate acquired in settlement of loans or from acquisition of operating properties, common equity in real estate or related companies, and certain preferred equity investments with profit participation meeting certain risk or return profiles.