Dfpg Investments Inc. Grows Position in Colony Credit Real Estate Inc (NYSE:CLNC)

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Dfpg Investments Inc. boosted its stake in Colony Credit Real Estate Inc (NYSE:CLNC) by 9.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 70,021 shares of the company’s stock after purchasing an additional 5,892 shares during the quarter. Dfpg Investments Inc. owned about 0.05% of Colony Credit Real Estate worth $962,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Colony Credit Real Estate by 1.2% during the second quarter. Vanguard Group Inc. now owns 7,575,923 shares of the company’s stock valued at $117,427,000 after buying an additional 90,736 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new position in shares of Colony Credit Real Estate during the 2nd quarter valued at $86,000. Citadel Advisors LLC lifted its holdings in shares of Colony Credit Real Estate by 57.6% during the 2nd quarter. Citadel Advisors LLC now owns 52,012 shares of the company’s stock valued at $806,000 after buying an additional 18,999 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Colony Credit Real Estate by 1.8% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 488,227 shares of the company’s stock valued at $7,568,000 after buying an additional 8,414 shares during the period. Finally, Swiss National Bank lifted its holdings in shares of Colony Credit Real Estate by 2.2% during the 2nd quarter. Swiss National Bank now owns 155,400 shares of the company’s stock valued at $2,409,000 after buying an additional 3,300 shares during the period. Hedge funds and other institutional investors own 26.51% of the company’s stock.

A number of research analysts have recently weighed in on CLNC shares. Zacks Investment Research lowered Colony Credit Real Estate from a “hold” rating to a “sell” rating in a research report on Tuesday, August 20th. ValuEngine raised shares of Colony Credit Real Estate from a “hold” rating to a “buy” rating in a report on Tuesday, August 6th. Raymond James lowered their price target on shares of Colony Credit Real Estate to $18.00 and set an “outperform” rating for the company in a report on Monday, August 19th. Finally, B. Riley set a $19.00 price target on shares of Colony Credit Real Estate and gave the company a “buy” rating in a report on Wednesday, August 21st.

NYSE CLNC traded up $0.10 during trading on Tuesday, hitting $13.73. The stock had a trading volume of 3,388 shares, compared to its average volume of 321,607. The company has a debt-to-equity ratio of 0.69, a quick ratio of 4.68 and a current ratio of 4.68. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of 19.60 and a beta of 0.63. Colony Credit Real Estate Inc has a one year low of $12.42 and a one year high of $21.85. The stock has a 50 day simple moving average of $13.69 and a 200 day simple moving average of $15.02.

Colony Credit Real Estate (NYSE:CLNC) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.04). Colony Credit Real Estate had a negative net margin of 269.57% and a positive return on equity of 1.74%. The company had revenue of $23.93 million for the quarter, compared to the consensus estimate of $26.45 million. On average, sell-side analysts predict that Colony Credit Real Estate Inc will post 1.07 EPS for the current year.

The business also recently declared a — dividend, which was paid on Thursday, October 10th. Stockholders of record on Monday, September 30th were paid a dividend of $0.145 per share. This represents a dividend yield of 12.1%. The ex-dividend date was Friday, September 27th. Colony Credit Real Estate’s dividend payout ratio is presently 248.57%.

Colony Credit Real Estate Company Profile

Colony Credit Real Estate, Inc operates as a commercial real estate (CRE) credit real estate investment trust in the United States. It focuses on originating, acquiring, financing, and managing a portfolio of CRE senior mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties.

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Institutional Ownership by Quarter for Colony Credit Real Estate (NYSE:CLNC)

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