Los Angeles Capital Management & Equity Research Inc. acquired a new position in shares of Northstar Realty Europe Corp (NYSE:NRE) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 32,032 shares of the financial services provider’s stock, valued at approximately $410,000. Los Angeles Capital Management & Equity Research Inc. owned 0.06% of Northstar Realty Europe as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Teachers Advisors LLC increased its stake in Northstar Realty Europe by 0.8% in the 2nd quarter. Teachers Advisors LLC now owns 114,989 shares of the financial services provider’s stock valued at $1,458,000 after buying an additional 898 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Northstar Realty Europe by 18.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 670,428 shares of the financial services provider’s stock valued at $8,501,000 after buying an additional 105,880 shares during the last quarter. Russell Investments Group Ltd. increased its stake in Northstar Realty Europe by 589.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 171,788 shares of the financial services provider’s stock valued at $2,178,000 after buying an additional 146,856 shares during the last quarter. Senvest Management LLC increased its stake 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 buying an additional 1,287,805 shares during the last quarter. Finally, Hilton Capital Management LLC acquired a new stake in Northstar Realty Europe in the 2nd quarter valued at $15,029,000. Institutional investors and hedge funds own 70.71% of the company’s stock.

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

In other news, major shareholder Colony Northstar, Inc. acquired 99,628 shares of the stock in a transaction dated Friday, December 1st. The shares were bought at an average cost of $14.54 per share, for a total transaction of $1,448,591.12. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.20% of the stock is owned by insiders.

Shares of Northstar Realty Europe Corp (NYSE NRE) traded down $0.01 during mid-day trading on Friday, reaching $14.50. 293,815 shares of the company’s stock traded hands, compared to its average volume of 231,404. Northstar Realty Europe Corp has a 12-month low of $10.66 and a 12-month high of $14.70. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.01.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 24th. Stockholders of record on Monday, November 20th were paid a dividend of $0.15 per share. The ex-dividend date was Friday, November 17th. This represents a $0.60 annualized dividend and a dividend yield of 4.14%. Northstar Realty Europe’s dividend payout ratio is presently -171.42%.

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Northstar Realty Europe Company Profile

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.

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

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