Breaking: Msd Partners Just Disclosed New Northstar Asset Management Group Inc Position

Breaking: Msd Partners Just Disclosed New Northstar Asset Management Group Inc Position

The New Msd Partners Holding in Northstar Asset Management Group Inc

Msd Partners filed with the SEC SC 13G/A form for Northstar Asset Management Group Inc. The form can be accessed here: 000112329216002890. As reported in Msd Partners’s form, the filler as of late owns 6.8% or 12,773,573 shares of the -company.

Northstar Asset Management Group Inc stake is a new one for the for the hedge fund and it was filed because of activity on October 16, 2016. We feel this shows Msd Partners’s positive view for the stock. For a hedge fund managing $7.59 billion in assets and having 68+ active experts, we at Financialmagazine have no doubt the buy is a bullish signal.

The hedge fund is active investor in the Finance sector. In the manager’s last 13-F, we saw 25% of Msd Partners’s US equities portfolio is in this sector.

Northstar Asset Management Group Inc Institutional Sentiment

Latest Security and Exchange filings show 203 investors own Northstar Asset Management Group Inc. The institutional ownership in Q3 2015 is very high, at 78.76% of the outstanding shares. This is decreased by 2404983 the total institutional shares. 148860149 were the shares owned by these institutional investors. In total 33 funds opened new Northstar Asset Management Group Inc stakes, 80 increased stakes. There were 48 that closed positions and 69 reduced them.

13 managers had the stock in their top Ten. Notable investors are: Sls Management Llc, Andalusian Capital Partners Lp, Msd Partners L.P., Land & Buildings Investment Management Llc, Msd Capital L P, Tensile Capital Management Llc, Pyrrho Capital Management Lp, Abrams Capital Management L.P., Oskie Capital Management Llc, Overbrook Management Corp..

Glenn Russell Dubin Highbridge Capital Management Llc is an institutional investor bullish on Northstar Asset Management Group Inc, owning 4932162 shares as of Q3 2015 for 1.09% of its portfolio. Bernard Selz Selz Capital Llc owns 326500 shares or 1.29% of its portfolio. OH Mai Wealth Advisors have 0.44% of their stock portfolio for 406689 shares. Further, Phocas Financial Corp reported stake worth 0.38% of its US stock portfolio. The NY Beck Mack & Oliver Llc owns 105000 shares. Northstar Asset Management Group Inc is 0.05% of the manager’s US portfolio.

Business 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. (collectively, NorthStar Listed Companies). Its segments include NorthStar Listed Companies, which provides asset management and other services to the NorthStar Listed Companies; Sponsored Companies, which provides asset management and other services, and manages the day-to-day activities of its Sponsored Companies; Broker-dealer, which raises capital in the retail market through NorthStar Securities, LLC (NorthStar Securities) and earns dealer manager fees from the Sponsored Companies; Direct Investments, which invests in strategic partnerships and joint ventures with third parties involved in commercial real estate or other sectors and markets, and Corporate/Other.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment decreased to 1.02 in 2016 Q2. Its down 0.06, from 1.08 in 2016Q1. The ratio dived, as 41 funds sold all NorthStar Asset Management Group Inc shares owned while 62 reduced positions. 37 funds bought stakes while 68 increased positions. They now own 163.51 million shares or 4.71% more from 156.16 million shares in 2016Q1.

Americafirst Cap Mngmt Ltd Liability Com accumulated 0% or 8,660 shares. Proshare Lc last reported 0% of its portfolio in the stock. Geode Capital Management Ltd Liability Corp has 0.01% invested in the company for 1.17 million shares. Whittier Trust Company accumulated 5,682 shares or 0% of the stock. Blackrock has 26,834 shares for 0% of their US portfolio. Ladenburg Thalmann Services reported 24,081 shares or 0% of all its holdings. Lakewood Mgmt Lp owns 3.49M shares or 1.72% of their US portfolio. Quantbot Technologies Limited Partnership holds 0.04% or 38,391 shares in its portfolio. Schwab Charles Inv last reported 358,493 shares in the company. Carroll Associate Inc accumulated 0% or 271 shares. Selz Lc owns 626,500 shares or 1.82% of their US portfolio. Rafferty Asset Limited has invested 0.01% of its portfolio in NorthStar Asset Management Group Inc (NYSE:NSAM). Amalgamated Bancorp has invested 0.02% of its portfolio in NorthStar Asset Management Group Inc (NYSE:NSAM). Spirit Of America Mngmt Ny last reported 50,000 shares in the company. Private Management Grp Inc holds 1.06% of its portfolio in NorthStar Asset Management Group Inc (NYSE:NSAM) for 1.58M shares.

Analysts await NorthStar Asset Management Group Inc (NYSE:NSAM) to report earnings on November, 14. They expect $0.28 EPS, up 7.69% or $0.02 from last year’s $0.26 per share. NSAM’s profit will be $54.93M for 12.20 P/E if the $0.28 EPS becomes a reality. After $0.28 actual EPS reported by NorthStar Asset Management Group Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

About 2.65M shares traded hands or 39.47% up from the average. NorthStar Asset Management Group Inc (NYSE:NSAM) has risen 20.37% since March 16, 2016 and is uptrending. It has outperformed by 14.83% the S&P500.

NorthStar Asset Management Group Inc. is a global asset management company. The company has a market cap of $2.68 billion. The Firm is focused on strategically managing real estate and other investment platforms in the United States and internationally. It has a 30.49 P/E ratio. It manages various companies, including NorthStar Realty Finance Corp. and NorthStar Realty Europe Corp. .

NorthStar Asset Management Group Inc (NYSE:NSAM) Ratings Coverage

Out of 4 analysts covering NorthStar Asset Mgmt (NYSE:NSAM), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. $26.0 is the highest target while $12.50 is the lowest. The $18.30 average target is 33.97% above today’s ($13.66) stock price. NorthStar Asset Mgmt has been the topic of 9 analyst reports since August 7, 2015 according to StockzIntelligence Inc. As per Wednesday, September 9, the company rating was upgraded by FBR Capital. The firm has “Buy” rating given on Friday, August 7 by Deutsche Bank. Wood maintained it with “Outperform” rating and $15 target price in Friday, October 14 report. As per Friday, October 16, the company rating was maintained by FBR Capital. Deutsche Bank maintained the shares of NSAM in a report on Monday, March 14 with “Buy” rating. The stock of NorthStar Asset Management Group Inc (NYSE:NSAM) has “Mkt Perform” rating given on Wednesday, June 1 by FBR Capital. The stock has “Buy” rating given by Deutsche Bank on Friday, August 7.

Another recent and important NorthStar Asset Management Group Inc (NYSE:NSAM) news was published by Prnewswire.com which published an article titled: “MSD Partners, L.P. and MSD Capital, L.P. Send Letter to the Special Committee …” on September 19, 2016.

According to Zacks Investment Research, “NorthStar Asset Management Group Inc. offers a broad range of investment advisory services to individuals, families and institutions including asset management, retirement planning, administrative services and 401(k) management. These services include counselling with experienced professionals, prudent asset allocation with diversified, tax efficient investments, and detailed reporting. Northstar Asset Management Group Inc. is based in New York.”

NSAM Company Profile

NorthStar Asset Management Group Inc., incorporated on December 10, 2013, is a global asset management company. The Firm is focused on strategically managing real estate and other investment platforms in the United States and internationally. The Firm manages various companies, including NorthStar Realty Finance Corp. (NorthStar Realty) and NorthStar Realty Europe Corp. (NorthStar Europe) (collectively, NorthStar Listed Companies). The Company’s divisions include NorthStar Listed Companies, which provides asset management and other services on a fee basis by managing the day-to-day activities of the NorthStar Listed Companies; Sponsored Companies, which provides asset management and other services on a fee basis by managing the day-to-day activities of its Sponsored Companies; Broker-dealer, which raises capital in the retail market through NorthStar Securities, LLC (NorthStar Securities) and earns dealer manager fees from the Sponsored Companies; Direct Investments, which invests in strategic partnerships and joint ventures with third-parties involved in commercial real estate or other sectors and markets, and Corporate/Other.

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