Weekly Investment Analysts’ Ratings Updates for Colony Capital (CLNY)

Colony Capital (NYSE: CLNY) recently received a number of ratings updates from brokerages and research firms:

  • 11/1/2018 – Colony Capital was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 10/26/2018 – Colony Capital was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.
  • 10/24/2018 – Colony Capital was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Colony Capital, Inc. is a real estate and investment management firm. The company focused on investing in real estate and real estate-related assets. It serves health care, industrial and hospitality sectors. The company also offers equity and debt management services. Colony Capital Inc., formerly known as Colony NorthStar Inc., is based in Los Angeles, United States. “
  • 10/16/2018 – Colony Capital was given a new $9.00 price target on by analysts at JMP Securities. They now have a “buy” rating on the stock.
  • 10/9/2018 – Colony Capital was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $6.75 price target on the stock. According to Zacks, “Colony Capital, Inc. is a real estate and investment management firm. The company focused on investing in real estate and real estate-related assets. It serves health care, industrial and hospitality sectors. The company also offers equity and debt management services. Colony Capital Inc., formerly known as Colony NorthStar Inc., is based in Los Angeles, United States. “
  • 10/2/2018 – Colony Capital was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.

CLNY stock opened at $5.79 on Tuesday. The company has a current ratio of 3.68, a quick ratio of 3.68 and a debt-to-equity ratio of 1.00. Colony Capital Inc has a twelve month low of $5.28 and a twelve month high of $12.75. The firm has a market cap of $2.84 billion, a price-to-earnings ratio of 6.73 and a beta of 1.18.

Colony Capital (NYSE:CLNY) last posted its quarterly earnings data on Wednesday, August 8th. The real estate investment trust reported ($0.19) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.28). Colony Capital had a negative net margin of 14.25% and a negative return on equity of 3.87%. The firm had revenue of $689.60 million for the quarter, compared to the consensus estimate of $660.51 million. During the same quarter last year, the firm earned $0.35 EPS. The company’s revenue was up 1.5% on a year-over-year basis. As a group, analysts anticipate that Colony Capital Inc will post 0.58 EPS for the current fiscal year.

Hedge funds have recently bought and sold shares of the business. TCW Group Inc. bought a new position in Colony Capital during the second quarter valued at $12,842,000. Timbercreek Investment Management Inc. grew its holdings in shares of Colony Capital by 7.0% in the third quarter. Timbercreek Investment Management Inc. now owns 1,284,726 shares of the real estate investment trust’s stock worth $7,824,000 after purchasing an additional 84,450 shares during the last quarter. Wells Fargo & Company MN bought a new position in shares of Colony Capital in the second quarter worth about $8,856,000. Teacher Retirement System of Texas bought a new position in shares of Colony Capital in the second quarter worth about $650,000. Finally, Janus Henderson Group PLC bought a new position in shares of Colony Capital in the second quarter worth about $8,419,000. Institutional investors and hedge funds own 81.26% of the company’s stock.

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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