NorthStar Realty Finance Corp. (NYSE:NRF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Thursday.

According to Zacks, “NorthStar Realty Finance Corp. is an internally-managed REIT that makes fixed income, structured finance and net lease investments in commercial real estate assets. NorthStar Realty’s business consists of three core business lines: subordinate real estate debt, real estate securities and net lease properties. “

Other equities analysts also recently issued research reports about the stock. FBR & Co downgraded shares of NorthStar Realty Finance Corp. from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $18.00 to $12.75 in a research note on Wednesday, June 1st. TheStreet downgraded shares of NorthStar Realty Finance Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, June 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. NorthStar Realty Finance Corp. presently has an average rating of “Hold” and a consensus target price of $15.25.

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Shares of NorthStar Realty Finance Corp. (NYSE:NRF) opened at 12.70 on Thursday. NorthStar Realty Finance Corp. has a one year low of $8.38 and a one year high of $27.60. The firm’s 50-day moving average is $13.21 and its 200-day moving average is $12.87.

NorthStar Realty Finance Corp. (NYSE:NRF) last announced its earnings results on Thursday, August 4th. The company reported $0.56 earnings per share for the quarter. NorthStar Realty Finance Corp. had a negative net margin of 20.52% and a positive return on equity of 14.82%. Analysts anticipate that NorthStar Realty Finance Corp. will post $1.34 earnings per share for the current year.

Several large investors have recently bought and sold shares of the stock. BNP Paribas Arbitrage SA boosted its stake in NorthStar Realty Finance Corp. by 0.3% in the second quarter. BNP Paribas Arbitrage SA now owns 27,670 shares of the company’s stock worth $316,000 after buying an additional 81 shares during the last quarter. National Planning Corp boosted its stake in NorthStar Realty Finance Corp. by 0.3% in the second quarter. National Planning Corp now owns 43,446 shares of the company’s stock worth $573,000 after buying an additional 141 shares during the last quarter. Whittier Trust Co. boosted its stake in NorthStar Realty Finance Corp. by 1.1% in the second quarter. Whittier Trust Co. now owns 26,915 shares of the company’s stock worth $308,000 after buying an additional 292 shares during the last quarter. Amalgamated Bank boosted its stake in NorthStar Realty Finance Corp. by 2.2% in the second quarter. Amalgamated Bank now owns 21,699 shares of the company’s stock worth $285,000 after buying an additional 477 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in NorthStar Realty Finance Corp. by 4.7% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 31,044 shares of the company’s stock worth $355,000 after buying an additional 1,400 shares during the last quarter. Hedge funds and other institutional investors own 70.01% of the company’s stock.

NorthStar Realty Finance Corp. Company Profile

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 and multifamily properties. The Company also invests in other opportunistic real estate investments, such as indirect interests in real estate through its investments in private equity funds (PE Investments).

5 Day Chart for NYSE:NRF

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