B. Riley set a $18.00 target price on Northstar Realty Europe (NYSE:NRE) in a research report sent to investors on Thursday morning. The firm currently has a buy rating on the financial services provider’s stock.

A number of other analysts have also weighed in on NRE. Zacks Investment Research upgraded shares of Northstar Realty Europe from a sell rating to a hold rating in a research note on Saturday, June 16th. ValuEngine lowered shares of Northstar Realty Europe from a buy rating to a hold rating in a research note on Monday, May 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of $16.63.

Shares of NRE stock traded down $0.22 during trading hours on Thursday, reaching $13.76. 190,953 shares of the stock were exchanged, compared to its average volume of 257,903. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.05 and a current ratio of 0.06. Northstar Realty Europe has a 12-month low of $10.08 and a 12-month high of $14.81.

Northstar Realty Europe (NYSE:NRE) last released its earnings results on Tuesday, August 7th. The financial services provider reported $0.22 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.01). Northstar Realty Europe had a return on equity of 8.27% and a net margin of 22.39%. The firm had revenue of $31.01 million for the quarter, compared to analysts’ expectations of $32.37 million. equities analysts anticipate that Northstar Realty Europe will post 0.96 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, August 17th. Shareholders of record on Monday, August 13th will be paid a $0.15 dividend. The ex-dividend date is Friday, August 10th. This represents a $0.60 annualized dividend and a yield of 4.36%.

A number of institutional investors have recently made changes to their positions in the business. Private Management Group Inc. increased its stake in Northstar Realty Europe by 7.9% in the first quarter. Private Management Group Inc. now owns 1,628,891 shares of the financial services provider’s stock valued at $21,208,000 after purchasing an additional 119,687 shares during the last quarter. Overbrook Management Corp increased its stake in Northstar Realty Europe by 20.2% in the first quarter. Overbrook Management Corp now owns 1,420,258 shares of the financial services provider’s stock valued at $18,492,000 after purchasing an additional 238,702 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Northstar Realty Europe by 2.1% in the second quarter. Dimensional Fund Advisors LP now owns 793,103 shares of the financial services provider’s stock valued at $11,492,000 after purchasing an additional 16,455 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in Northstar Realty Europe by 6.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 636,727 shares of the financial services provider’s stock valued at $8,291,000 after purchasing an additional 36,860 shares during the last quarter. Finally, Northern Trust Corp increased its stake in Northstar Realty Europe by 1.6% in the first quarter. Northern Trust Corp now owns 618,711 shares of the financial services provider’s stock valued at $8,056,000 after purchasing an additional 9,827 shares during the last quarter. Institutional investors own 73.69% of the company’s stock.

About Northstar Realty Europe

NorthStar Realty Europe Corp. is a European focused commercial real estate company with predominately prime office properties within key cities in Germany, the United Kingdom and France, organized as a REIT and managed by an affiliate of Colony NorthStar, Inc (NYSE: CLNS), a leading global equity REIT with an embedded investment management platform.

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