Dynamic Technology Lab Private Ltd reduced its position in NorthStar Asset Management Group Inc. (NYSE:NSAM) by 15.7% during the second quarter, Holdings Channel reports. The firm owned 46,623 shares of the company’s stock after selling 8,682 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in NorthStar Asset Management Group were worth $476,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Vanguard Group Inc. increased its stake in NorthStar Asset Management Group by 2.0% in the second quarter. Vanguard Group Inc. now owns 13,297,165 shares of the company’s stock worth $135,764,000 after buying an additional 262,151 shares during the last quarter. Principal Financial Group Inc. increased its stake in NorthStar Asset Management Group by 5.3% in the second quarter. Principal Financial Group Inc. now owns 40,653 shares of the company’s stock worth $415,000 after buying an additional 2,045 shares during the last quarter. Brown Advisory Inc. increased its stake in NorthStar Asset Management Group by 4.7% in the second quarter. Brown Advisory Inc. now owns 2,410,885 shares of the company’s stock worth $24,615,000 after buying an additional 108,115 shares during the last quarter. Prudential Financial Inc. increased its stake in NorthStar Asset Management Group by 6.4% in the second quarter. Prudential Financial Inc. now owns 13,259 shares of the company’s stock worth $135,000 after buying an additional 800 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in NorthStar Asset Management Group by 154.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,170,216 shares of the company’s stock worth $11,948,000 after buying an additional 709,930 shares during the last quarter. Institutional investors own 89.41% of the company’s stock.

NorthStar Asset Management Group Inc. (NYSE:NSAM) opened at 12.47 on Tuesday. NorthStar Asset Management Group Inc. has a 52 week low of $9.17 and a 52 week high of $16.79. The company has a market capitalization of $2.36 billion, a PE ratio of 27.53 and a beta of 1.55. The stock’s 50 day moving average price is $12.18 and its 200-day moving average price is $11.77.

NorthStar Asset Management Group (NYSE:NSAM) last issued its earnings results on Thursday, August 4th. The company reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28. NorthStar Asset Management Group had a net margin of 20.65% and a return on equity of 105.06%. On average, equities research analysts predict that NorthStar Asset Management Group Inc. will post $1.22 earnings per share for the current fiscal year.

A number of equities research analysts have weighed in on the company. Keefe, Bruyette & Woods set a $16.00 price target on NorthStar Asset Management Group and gave the company a “buy” rating in a research report on Friday, August 5th. FBR & Co upgraded NorthStar Asset Management Group from a “mkt perform” rating to an “outperform” rating and raised their price target for the company from $12.50 to $15.00 in a research report on Monday, June 6th.

NorthStar Asset Management Group Company Profile

NorthStar Asset Management Group Inc is a global asset management company. The Company is focused on strategically managing real estate and other investment platforms in the United States and internationally. It manages various companies, including NorthStar Realty Finance Corp. and NorthStar Realty Europe Corp.

5 Day Chart for NYSE:NSAM

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