Trade Report: Today: Swift Run Capital Management LLC decides to keep it stake in NorthStar Realty Finance Corp. (NRF) to the level of $1,046,000

Today: Swift Run Capital Management LLC decides to keep it stake in NorthStar Realty Finance Corp. (NRF) to the level of $1,046,000

Swift Run Capital Management LLC decreased its position in NorthStar Realty Finance Corp. (NYSE:NRF) by 21.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 79,400 shares of the company’s stock after selling 22,200 shares during the period. Swift Run Capital Management LLC’s holdings in NorthStar Realty Finance Corp. were worth $1,046,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of NRF. Capital Analysts LLC increased its position in shares of NorthStar Realty Finance Corp. by 74.5% in the second quarter. Capital Analysts LLC now owns 5,695 shares of the company’s stock worth $704,000 after buying an additional 2,431 shares during the period. Atria Investments LLC purchased a new position in NorthStar Realty Finance Corp. during the third quarter valued at $134,000. Profund Advisors LLC purchased a new position in NorthStar Realty Finance Corp. during the second quarter valued at $123,000. Aviance Capital Partners LLC purchased a new position in NorthStar Realty Finance Corp. during the second quarter valued at $127,000. Finally, Sigma Planning Corp increased its position in NorthStar Realty Finance Corp. by 13.5% in the second quarter. Sigma Planning Corp now owns 11,966 shares of the company’s stock valued at $137,000 after buying an additional 1,427 shares during the last quarter. 69.73% of the stock is owned by institutional investors and hedge funds.

NorthStar Realty Finance Corp. (NYSE:NRF) opened at 15.26 on Monday. The company has a 50-day moving average price of $14.20 and a 200 day moving average price of $13.20. NorthStar Realty Finance Corp. has a 1-year low of $8.38 and a 1-year high of $18.30.

NorthStar Realty Finance Corp. (NYSE:NRF) last issued its earnings results on Tuesday, November 8th. The company reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.47 by $0.01. NorthStar Realty Finance Corp. had a negative net margin of 18.73% and a positive return on equity of 14.64%. During the same period last year, the company earned $0.77 earnings per share. Equities analysts predict that NorthStar Realty Finance Corp. will post $1.53 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, November 18th. Shareholders of record on Monday, November 14th were paid a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, November 9th. This represents a $1.60 dividend on an annualized basis and a yield of 10.48%. NorthStar Realty Finance Corp.’s payout ratio is currently -67.23%.

Several research firms recently weighed in on NRF. JMP Securities reaffirmed a “hold” rating on shares of NorthStar Realty Finance Corp. in a research note on Wednesday, November 9th. Zacks Investment Research raised NorthStar Realty Finance Corp. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 9th. Finally, FBR & Co raised NorthStar Realty Finance Corp. from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $12.75 to $16.00 in a research note on Friday, October 21st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $16.33.

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).

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