NorthStar Realty Europe Corp. (NYSE:NRE) released its quarterly earnings results on Tuesday. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, Morningstar.com reports. NorthStar Realty Europe Corp. had a negative net margin of 34.29% and a positive return on equity of 3.83%.

NorthStar Realty Europe Corp. (NYSE NRE) traded down 0.15% on Tuesday, reaching $12.93. 371,697 shares of the company’s stock were exchanged. The firm’s market cap is $711.11 million. NorthStar Realty Europe Corp. has a one year low of $8.98 and a one year high of $13.10. The firm has a 50 day moving average price of $12.74 and a 200 day moving average price of $12.16.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 18th. Shareholders of record on Monday, August 14th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.63%. The ex-dividend date is Thursday, August 10th. NorthStar Realty Europe Corp.’s dividend payout ratio (DPR) is -72.29%.

A number of equities research analysts recently issued reports on NRE shares. ValuEngine raised shares of NorthStar Realty Europe Corp. from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. BidaskClub raised shares of NorthStar Realty Europe Corp. from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th.

Several hedge funds and other institutional investors have recently bought and sold shares of NRE. Legal & General Group Plc raised its position in NorthStar Realty Europe Corp. by 37.4% in the second quarter. Legal & General Group Plc now owns 23,604 shares of the financial services provider’s stock valued at $299,000 after buying an additional 6,430 shares in the last quarter. Russell Investments Group Ltd. raised its position in NorthStar Realty Europe Corp. by 589.0% in the second 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 in the last quarter. Prudential Financial Inc. raised its position in NorthStar Realty Europe Corp. by 186.7% in the second quarter. Prudential Financial Inc. now owns 277,501 shares of the financial services provider’s stock valued at $3,519,000 after buying an additional 180,700 shares in the last quarter. Bank of New York Mellon Corp raised its position in NorthStar Realty Europe Corp. by 1.2% in the second quarter. Bank of New York Mellon Corp now owns 478,763 shares of the financial services provider’s stock valued at $6,071,000 after buying an additional 5,640 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its position in NorthStar Realty Europe Corp. by 11.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 536,183 shares of the financial services provider’s stock valued at $6,799,000 after buying an additional 54,018 shares in the last quarter. Institutional investors and hedge funds own 74.14% of the company’s stock.

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About NorthStar Realty Europe Corp.

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.

Earnings History for NorthStar Realty Europe Corp. (NYSE:NRE)

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