Institutional & Family Asset Management LLC purchased a new stake in Northstar Realty Europe Corp (NYSE:NRE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,314 shares of the financial services provider’s stock, valued at approximately $145,000.

Several other hedge funds have also recently made changes to their positions in the company. Senvest Management LLC lifted its position in Northstar Realty Europe by 41.3% in the 2nd quarter. Senvest Management LLC now owns 4,402,909 shares of the financial services provider’s stock valued at $55,829,000 after acquiring an additional 1,287,805 shares in the last quarter. Hilton Capital Management LLC bought a new stake in Northstar Realty Europe in the 2nd quarter valued at $15,029,000. Phocas Financial Corp. bought a new stake in Northstar Realty Europe in the 2nd quarter valued at $5,362,000. FMR LLC lifted its position in Northstar Realty Europe by 240.5% in the 2nd quarter. FMR LLC now owns 504,453 shares of the financial services provider’s stock valued at $6,397,000 after acquiring an additional 356,307 shares in the last quarter. Finally, Ranger Global Real Estate Advisors LLC lifted its position in Northstar Realty Europe by 50.2% in the 3rd quarter. Ranger Global Real Estate Advisors LLC now owns 886,126 shares of the financial services provider’s stock valued at $11,351,000 after acquiring an additional 296,101 shares in the last quarter. 70.80% of the stock is owned by institutional investors.

Shares of Northstar Realty Europe Corp (NYSE:NRE) opened at $13.97 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.05 and a quick ratio of 0.05. Northstar Realty Europe Corp has a 52-week low of $11.15 and a 52-week high of $14.70.

The firm also recently declared a quarterly dividend, which was paid on Friday, November 24th. Shareholders of record on Monday, November 20th were given a dividend of $0.15 per share. The ex-dividend date was Friday, November 17th. This represents a $0.60 annualized dividend and a yield of 4.29%. Northstar Realty Europe’s dividend payout ratio (DPR) is presently -171.42%.

NRE has been the topic of several analyst reports. B. Riley reissued a “buy” rating and set a $17.00 price target on shares of Northstar Realty Europe in a research report on Wednesday, November 1st. FBR & Co initiated coverage on shares of Northstar Realty Europe in a research report on Tuesday, October 31st. They set a “buy” rating and a $17.00 price target on the stock. ValuEngine cut shares of Northstar Realty Europe from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. JMP Securities initiated coverage on shares of Northstar Realty Europe in a research report on Wednesday, October 4th. They set an “outperform” rating and a $16.50 price target on the stock. Finally, BidaskClub cut shares of Northstar Realty Europe from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $16.83.

In other Northstar Realty Europe news, major shareholder Colony Northstar, Inc. purchased 99,628 shares of the business’s stock in a transaction on Friday, December 1st. The shares were purchased at an average cost of $14.54 per share, with a total value of $1,448,591.12. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 2.20% of the company’s stock.

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About Northstar Realty Europe

NorthStar Realty Europe Corp. is a real estate investment trust (REIT). The Company is a European focused commercial real estate company with primary office properties in cities within Germany, the United Kingdom and France. Its objective is to provide its stockholders with stable and recurring cash flow supplemented by capital growth over time.

Institutional Ownership by Quarter for Northstar Realty Europe (NYSE:NRE)

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