Dalton Greiner Hartman Maher & Co Increased Colony Cap INC Cl A (NYSE:CLNY) by $3.33 Million as Shares Declined


Dalton Greiner Hartman Maher & Co increased its stake in Colony Cap Inc Cl A (NYSE:CLNY) by 18.51% based on its latest 2016Q2 regulatory filing with the SEC. Dalton Greiner Hartman Maher & Co bought 208,411 shares as the company’s stock declined 12.97% while stock markets rallied. The institutional investor held 1.33M shares of the consumer services company at the end of 2016Q2, valued at $22.38 million, up from 1.13M at the end of the previous reported quarter. Dalton Greiner Hartman Maher & Co who had been investing in Colony Cap Inc Cl A for a number of months, seems to be bullish on the $2.08B market cap company. The stock is down 1.54% or $0.28 hitting $17.94, despite the positive news. About 112,727 shares traded hands. Colony Capital Inc (NYSE:CLNY) has risen 12.05% since February 8, 2016 and is uptrending. It has underperformed by 4.43% the S&P500.

Dalton Greiner Hartman Maher & Co, which manages about $1.89B and $1.62B US Long portfolio, decreased its stake in Check Point Software Tech Ltd (NASDAQ:CHKP) by 63,889 shares to 220,482 shares, valued at $19.29 million in 2016Q2, according to the filing. It also reduced its holding in Wec Energy Group Inc Com by 157,976 shares in the quarter, leaving it with 308,328 shares, and cut its stake in Best Buy Inc Com (NYSE:BBY).

Dalton Greiner Hartman Maher & Co is a New York-based institutional investor with more than $1.89 billion AUM in July, 2014. Taken from Dalton Greiner Hartman Maher & latest Adv, the fund reported to have 23 full and part-time employees. Among which 9 performing investment advisory and research functions. The institutional investor had more than 1000 clients.

The institutional sentiment increased to 1.49 in 2016 Q2. Its up 0.50, from 0.99 in 2016Q1. The ratio improved, as 30 funds sold all CLNY shares owned while 47 reduced positions. 40 funds bought stakes while 75 increased positions. They now own 100.82 million shares or 4.38% less from 105.44 million shares in 2016Q1.

Guild Investment Management Inc. holds 4.5% of its portfolio in CLNY for 157,870 shares. Shikiar Asset Management Inc owns 557,898 shares or 3.82% of their US portfolio. Moreover, Bhr Capital Llc has 3.63% invested in the company for 237,650 shares. The Ohio-based Fsi Group Llc has invested 2.13% in the stock. Fuller & Thaler Asset Management Inc., a California-based fund reported 7.82 million shares.

Out of 2 analysts covering Colony Financial (NYSE:CLNY), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Colony Financial has been the topic of 4 analyst reports since October 9, 2015 according to StockzIntelligence Inc. FBR Capital upgraded the stock on June 6 to “Outperform” rating.

Colony Capital, Inc., formerly Colony Financial, Inc., is a global real estate and investment management company. The company has a market cap of $2.08 billion. The Firm operates through five divisions: Real Estate Equity, including Light industrial real estate assets and operating platform; Single-family residential rentals through an investment in Colony Starwood Homes and Other real estate equity investments; Real Estate Debt, which includes loan originations and acquisitions, and Investment Management, which includes investment management of the Company-sponsored funds and other investment vehicles. It has a 19.88 P/E ratio. Through its global investment management business, it has over $18.8 billion of assets under management.

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