Colony Capital (NYSE:CLNY) Stock Price Crosses Above 50 Day Moving Average of $5.12

Colony Capital Inc (NYSE:CLNY) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.12 and traded as high as $5.02. Colony Capital shares last traded at $5.01, with a volume of 41,705 shares changing hands.

Several research analysts have recently weighed in on CLNY shares. Zacks Investment Research raised shares of Colony Capital from a “sell” rating to a “hold” rating in a report on Tuesday, April 16th. ValuEngine raised shares of Colony Capital from a “sell” rating to a “hold” rating in a report on Thursday, March 21st.

The company has a debt-to-equity ratio of 1.09, a current ratio of 3.51 and a quick ratio of 3.51. The company’s fifty day moving average is $5.12. The company has a market capitalization of $2.45 billion, a PE ratio of 8.06 and a beta of 1.39.

Colony Capital (NYSE:CLNY) last released its quarterly earnings data on Friday, May 10th. The real estate investment trust reported ($0.21) earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.32). The company had revenue of $632.90 million for the quarter, compared to analysts’ expectations of $627.45 million. Colony Capital had a negative net margin of 21.02% and a negative return on equity of 5.59%. Colony Capital’s revenue for the quarter was down 5.1% compared to the same quarter last year. As a group, equities research analysts predict that Colony Capital Inc will post 0.5 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be given a dividend of $0.11 per share. The ex-dividend date is Thursday, June 27th. This represents a $0.44 annualized dividend and a yield of 8.80%. Colony Capital’s dividend payout ratio (DPR) is 70.97%.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Accident Compensation Corp grew its position in Colony Capital by 78.5% during the fourth quarter. Accident Compensation Corp now owns 134,413 shares of the real estate investment trust’s stock valued at $629,000 after buying an additional 59,132 shares during the period. D. E. Shaw & Co. Inc. grew its position in Colony Capital by 141.0% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 4,579,491 shares of the real estate investment trust’s stock valued at $21,432,000 after buying an additional 2,679,368 shares during the period. Old West Investment Management LLC bought a new stake in Colony Capital during the fourth quarter valued at approximately $1,326,000. LSV Asset Management grew its position in Colony Capital by 4.7% during the first quarter. LSV Asset Management now owns 1,341,000 shares of the real estate investment trust’s stock valued at $7,134,000 after buying an additional 59,800 shares during the period. Finally, GSA Capital Partners LLP bought a new stake in Colony Capital during the fourth quarter valued at approximately $257,000. Institutional investors own 80.29% of the company’s stock.

About Colony Capital (NYSE:CLNY)

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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