Colony Capital Inc (NYSE:CLNY) Sees Large Decline in Short Interest

Colony Capital Inc (NYSE:CLNY) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 8,840,700 shares, a decrease of 5.4% from the May 30th total of 9,340,800 shares. Based on an average daily volume of 2,000,000 shares, the days-to-cover ratio is currently 4.4 days. Approximately 1.9% of the company’s stock are sold short.

A number of institutional investors have recently added to or reduced their stakes in CLNY. Norges Bank acquired a new position in Colony Capital during the 4th quarter worth $30,418,000. D. E. Shaw & Co. Inc. lifted its position in Colony Capital by 141.0% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 4,579,491 shares of the real estate investment trust’s stock worth $21,432,000 after acquiring an additional 2,679,368 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in Colony Capital by 7.2% during the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 28,790,113 shares of the real estate investment trust’s stock worth $153,163,000 after acquiring an additional 1,944,000 shares during the last quarter. Odey Asset Management Group Ltd lifted its position in Colony Capital by 76.4% during the 4th quarter. Odey Asset Management Group Ltd now owns 3,890,327 shares of the real estate investment trust’s stock worth $18,207,000 after acquiring an additional 1,684,327 shares during the last quarter. Finally, Mackay Shields LLC lifted its position 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 acquiring an additional 1,309,474 shares during the last quarter. 80.33% of the stock is owned by hedge funds and other institutional investors.

Shares of CLNY opened at $5.13 on Tuesday. The business’s fifty day simple moving average is $5.11. Colony Capital has a 12 month low of $4.55 and a 12 month high of $6.28. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of 10.12 and a beta of 1.31. The company has a current ratio of 3.51, a quick ratio of 3.51 and a debt-to-equity ratio of 1.09.



Colony Capital (NYSE:CLNY) last announced its quarterly earnings results on Friday, May 10th. The real estate investment trust reported ($0.21) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.32). The business had revenue of $632.90 million for the quarter, compared to analyst estimates of $627.45 million. Colony Capital had a negative return on equity of 5.59% and a negative net margin of 21.02%. The business’s revenue for the quarter was down 5.1% on a year-over-year basis. Research analysts anticipate that Colony Capital will post 0.51 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 8.58%. The ex-dividend date of this dividend was Thursday, June 27th. Colony Capital’s dividend payout ratio is 70.97%.

Several research analysts have recently commented on the stock. ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Zacks Investment Research lowered shares of EXACT Sciences from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd.

Colony Capital Company Profile

Colony Capital, Inc (NYSE: CLNY) is a leading global investment management firm with assets under management of $43 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.

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