Colony Capital Inc (NYSE:CLNY) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 12,370,000 shares, an increase of 54.8% from the June 15th total of 7,990,000 shares. Based on an average trading volume of 6,650,000 shares, the short-interest ratio is presently 1.9 days. Approximately 2.6% of the shares of the company are short sold.
A number of research firms recently weighed in on CLNY. B. Riley reaffirmed a “buy” rating and issued a $4.00 price objective on shares of Colony Capital in a report on Wednesday, July 1st. ValuEngine raised shares of Colony Capital from a “sell” rating to a “hold” rating in a report on Monday, June 8th. Finally, Zacks Investment Research cut shares of Colony Capital from a “buy” rating to a “hold” rating in a report on Friday, June 5th.
Colony Capital stock traded down $0.10 during trading hours on Tuesday, hitting $2.28. 210,038 shares of the company traded hands, compared to its average volume of 7,706,264. The firm has a market cap of $1.15 billion, a P/E ratio of -0.79 and a beta of 1.86. The company has a quick ratio of 3.72, a current ratio of 3.72 and a debt-to-equity ratio of 1.28. The firm’s 50-day simple moving average is $2.40 and its two-hundred day simple moving average is $3.20. Colony Capital has a 1-year low of $1.33 and a 1-year high of $6.14.
Colony Capital (NYSE:CLNY) last released its earnings results on Friday, May 8th. The real estate investment trust reported ($0.76) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.80). The company had revenue of $32.87 million for the quarter, compared to analyst estimates of $31.40 million. Colony Capital had a negative net margin of 57.57% and a negative return on equity of 33.82%. On average, equities research analysts predict that Colony Capital will post -0.07 earnings per share for the current year.
A number of institutional investors have recently added to or reduced their stakes in CLNY. C M Bidwell & Associates Ltd. bought a new position in shares of Colony Capital during the 4th quarter valued at about $31,000. Point72 Hong Kong Ltd bought a new position in shares of Colony Capital during the 4th quarter valued at about $36,000. RFG Advisory LLC boosted its position in shares of Colony Capital by 42.4% during the 1st quarter. RFG Advisory LLC now owns 16,800 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 5,000 shares in the last quarter. Employers Holdings Inc. bought a new position in shares of Colony Capital during the 1st quarter valued at about $30,000. Finally, GWM Advisors LLC bought a new position in shares of Colony Capital during the 1st quarter valued at about $31,000. 77.65% of the stock is currently owned by hedge funds and other institutional investors.
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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