Northstar Realty Europe Corp (NRE) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its position in Northstar Realty Europe Corp (NYSE:NRE) by 6.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 413,262 shares of the financial services provider’s stock after selling 26,972 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.83% of Northstar Realty Europe worth $5,852,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its holdings in shares of Northstar Realty Europe by 2.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 793,103 shares of the financial services provider’s stock valued at $11,492,000 after buying an additional 16,455 shares during the period. Gruss & Co. Inc. purchased a new stake in shares of Northstar Realty Europe in the 3rd quarter valued at $2,209,000. Chicago Equity Partners LLC raised its holdings in shares of Northstar Realty Europe by 30.1% in the 3rd quarter. Chicago Equity Partners LLC now owns 118,220 shares of the financial services provider’s stock valued at $1,674,000 after buying an additional 27,385 shares during the period. Bank of America Corp DE raised its holdings in shares of Northstar Realty Europe by 105.5% in the 2nd quarter. Bank of America Corp DE now owns 106,276 shares of the financial services provider’s stock valued at $1,540,000 after buying an additional 54,565 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Northstar Realty Europe by 159.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 55,593 shares of the financial services provider’s stock valued at $787,000 after buying an additional 34,144 shares during the period. Hedge funds and other institutional investors own 65.59% of the company’s stock.

Shares of NYSE NRE opened at $17.34 on Tuesday. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.01. Northstar Realty Europe Corp has a 1-year low of $10.08 and a 1-year high of $17.60.



Several equities research analysts recently issued reports on NRE shares. TheStreet upgraded Northstar Realty Europe from a “d” rating to a “c” rating in a report on Friday, October 19th. B. Riley downgraded Northstar Realty Europe from a “buy” rating to a “neutral” rating and set a $18.00 price objective on the stock. in a report on Tuesday, November 13th. JMP Securities boosted their price objective on Northstar Realty Europe from $16.50 to $18.00 and gave the company a “market outperform” rating in a report on Tuesday, November 13th. Zacks Investment Research upgraded Northstar Realty Europe from a “sell” rating to a “hold” rating in a report on Wednesday, January 16th. Finally, ValuEngine upgraded Northstar Realty Europe from a “hold” rating to a “buy” rating in a report on Wednesday, November 7th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $17.00.

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Northstar Realty Europe Profile

NorthStar Realty Europe Corp. is a European focused commercial real estate company with predominately prime office properties within key cities in Germany, the United Kingdom and France, organized as a REIT and managed by an affiliate of Colony Capital, Inc (NYSE: CLNY), a leading global equity REIT with an embedded investment management platform.

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

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