FrontFour Capital Group LLC reduced its position in shares of Colony Capital Inc (NYSE:CLNY) by 19.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 490,754 shares of the real estate investment trust’s stock after selling 116,662 shares during the period. Colony Capital makes up about 2.0% of FrontFour Capital Group LLC’s portfolio, making the stock its 12th biggest holding. FrontFour Capital Group LLC owned approximately 0.10% of Colony Capital worth $2,297,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC lifted its holdings in Colony Capital by 157.8% during the 4th quarter. Barclays PLC now owns 329,557 shares of the real estate investment trust’s stock worth $1,541,000 after buying an additional 201,706 shares during the period. Mackay Shields LLC lifted its holdings in Colony Capital by 674.0% during the 4th quarter. Mackay Shields LLC now owns 1,503,751 shares of the real estate investment trust’s stock worth $7,037,000 after buying an additional 1,309,474 shares during the period. Geode Capital Management LLC lifted its holdings in Colony Capital by 4.2% during the 4th quarter. Geode Capital Management LLC now owns 4,783,039 shares of the real estate investment trust’s stock worth $22,384,000 after buying an additional 193,353 shares during the period. Stifel Financial Corp acquired a new position in Colony Capital during the 4th quarter worth about $88,000. Finally, Kalos Management Inc. acquired a new position in Colony Capital during the 4th quarter worth about $118,000. 80.86% of the stock is owned by institutional investors and hedge funds.
Several research analysts have commented on the company. Zacks Investment Research downgraded Colony Capital from a “buy” rating to a “hold” rating in a report on Tuesday, January 29th. ValuEngine downgraded Colony Capital from a “buy” rating to a “hold” rating in a report on Monday, December 17th.
Shares of CLNY opened at $5.18 on Friday. The stock has a market cap of $2.50 billion, a price-to-earnings ratio of 7.30 and a beta of 1.57. Colony Capital Inc has a 12 month low of $4.55 and a 12 month high of $7.18. The company has a debt-to-equity ratio of 1.03, a quick ratio of 3.51 and a current ratio of 3.51.
The business also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 29th will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 8.49%. The ex-dividend date is Thursday, March 28th.
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About Colony Capital
Colony Capital, Inc (NYSE: CLNY) is a leading global investment management firm with assets under management of $44 billion. The Company manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, non-traded and traded real estate investment trusts and registered investment companies.
Further Reading: Systematic Risk and Investors
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