Colony Capital Inc (NYSE:CLNY) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 6,780,000 shares, a decrease of 25.4% from the January 15th total of 9,090,000 shares. Based on an average daily volume of 2,570,000 shares, the short-interest ratio is currently 2.6 days. Approximately 1.4% of the company’s stock are sold short.
Institutional investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its position in shares of Colony Capital by 70.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 61,433 shares of the real estate investment trust’s stock valued at $370,000 after purchasing an additional 25,409 shares during the last quarter. Zeke Capital Advisors LLC grew its holdings in Colony Capital by 13.0% during the 3rd quarter. Zeke Capital Advisors LLC now owns 167,678 shares of the real estate investment trust’s stock valued at $1,009,000 after buying an additional 19,261 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Colony Capital by 2.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 128,605 shares of the real estate investment trust’s stock valued at $774,000 after buying an additional 2,972 shares in the last quarter. Ballentine Partners LLC purchased a new position in Colony Capital during the 3rd quarter valued at about $67,000. Finally, Alberta Investment Management Corp purchased a new position in Colony Capital during the 3rd quarter valued at about $23,177,000. 79.79% of the stock is currently owned by institutional investors and hedge funds.
Colony Capital stock traded up $0.07 during mid-day trading on Friday, hitting $4.96. The company had a trading volume of 1,214,700 shares, compared to its average volume of 2,114,139. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 1.01. The stock’s 50 day moving average price is $4.78 and its two-hundred day moving average price is $5.07. Colony Capital has a 12 month low of $4.32 and a 12 month high of $6.16. The company has a market capitalization of $2.39 billion, a PE ratio of -1.59 and a beta of 1.34.
Several equities research analysts have commented on CLNY shares. ValuEngine raised Colony Capital from a “hold” rating to a “buy” rating in a report on Tuesday, December 3rd. Zacks Investment Research downgraded Colony Capital from a “buy” rating to a “hold” rating in a report on Friday, November 8th.
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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