Northstar Realty Europe (NYSE:NRE) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Tuesday.

Several other research firms have also recently commented on NRE. Zacks Investment Research raised Northstar Realty Europe from a “sell” rating to a “hold” rating in a research report on Saturday, June 23rd. B. Riley set a $18.00 price objective on Northstar Realty Europe and gave the company a “buy” rating in a research report on Thursday, August 9th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $16.63.

Shares of Northstar Realty Europe stock traded down $0.18 during trading on Tuesday, hitting $12.65. 219,900 shares of the company’s stock traded hands, compared to its average volume of 333,724. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.01. Northstar Realty Europe has a 1 year low of $10.08 and a 1 year high of $14.81.

Northstar Realty Europe (NYSE:NRE) last released its quarterly earnings data on Tuesday, August 7th. The financial services provider reported $0.22 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.01). Northstar Realty Europe had a net margin of 22.39% and a return on equity of 8.27%. The business had revenue of $31.01 million for the quarter, compared to analysts’ expectations of $32.37 million. research analysts anticipate that Northstar Realty Europe will post 0.96 EPS for the current year.

A number of large investors have recently made changes to their positions in the business. Private Management Group Inc. boosted its position in Northstar Realty Europe by 7.9% in the first quarter. Private Management Group Inc. now owns 1,628,891 shares of the financial services provider’s stock worth $21,208,000 after purchasing an additional 119,687 shares during the last quarter. Overbrook Management Corp boosted its position in Northstar Realty Europe by 20.2% in the first quarter. Overbrook Management Corp now owns 1,420,258 shares of the financial services provider’s stock worth $18,492,000 after purchasing an additional 238,702 shares during the last quarter. Apollo Management Holdings L.P. boosted its position in Northstar Realty Europe by 296.5% in the second quarter. Apollo Management Holdings L.P. now owns 1,335,686 shares of the financial services provider’s stock worth $19,354,000 after purchasing an additional 998,786 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Northstar Realty Europe by 2.1% in the second quarter. Dimensional Fund Advisors LP now owns 793,103 shares of the financial services provider’s stock worth $11,492,000 after purchasing an additional 16,455 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in Northstar Realty Europe by 43.0% in the second quarter. Renaissance Technologies LLC now owns 680,800 shares of the financial services provider’s stock worth $9,865,000 after purchasing an additional 204,700 shares during the last quarter. 68.39% of the stock is currently owned by institutional investors and hedge funds.

Northstar Realty Europe Company Profile

NorthStar Realty Europe Corp. is a European focused commercial real estate company with predominately prime office properties within key cities in Germany, the United Kingdom and France, organized as a REIT and managed by an affiliate of Colony NorthStar, Inc (NYSE: CLNS), a leading global equity REIT with an embedded investment management platform.

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