Colony Capital Inc (CLNY) Holdings Cut by Wedbush Securities Inc.

Wedbush Securities Inc. cut its holdings in Colony Capital Inc (NYSE:CLNY) by 19.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 35,234 shares of the real estate investment trust’s stock after selling 8,264 shares during the quarter. Wedbush Securities Inc.’s holdings in Colony Capital were worth $165,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CLNY. FNY Investment Advisers LLC bought a new stake in Colony Capital in the fourth quarter valued at approximately $36,000. Meeder Asset Management Inc. grew its position in shares of Colony Capital by 158.0% in the 4th quarter. Meeder Asset Management Inc. now owns 8,306 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 5,086 shares during the last quarter. Ellis Investment Partners LLC bought a new stake in shares of Colony Capital in the 4th quarter worth approximately $88,000. Edge Wealth Management LLC grew its position in shares of Colony Capital by 22.5% in the 4th quarter. Edge Wealth Management LLC now owns 24,500 shares of the real estate investment trust’s stock worth $115,000 after buying an additional 4,500 shares during the last quarter. Finally, Dimensional Fund Advisors LP bought a new stake in shares of Colony Capital in the 2nd quarter worth approximately $116,000. Institutional investors own 81.59% of the company’s stock.

Shares of NYSE CLNY traded up $0.21 during mid-day trading on Monday, hitting $6.15. 1,605,215 shares of the stock traded hands, compared to its average volume of 2,528,994. The company has a quick ratio of 4.07, a current ratio of 4.07 and a debt-to-equity ratio of 0.98. Colony Capital Inc has a 52 week low of $4.55 and a 52 week high of $8.58. The firm has a market capitalization of $2.92 billion, a PE ratio of 8.14 and a beta of 1.61.

In related news, insider Neale Redington sold 15,000 shares of Colony Capital stock in a transaction that occurred on Thursday, December 6th. The stock was sold at an average price of $6.00, for a total transaction of $90,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 7.75% of the company’s stock.

CLNY has been the topic of several research reports. ValuEngine lowered Colony Capital from a “buy” rating to a “hold” rating in a research report on Monday, December 17th. JMP Securities set a $9.00 price target on Colony Capital and gave the company a “buy” rating in a research report on Tuesday, October 16th. Finally, Zacks Investment Research lowered Colony Capital from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 24th.

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Colony Capital Company Profile

Colony Capital, Inc (NYSE: CLNY) is a leading global investment management firm with assets under management of $44 billion. The Company manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, non-traded and traded real estate investment trusts and registered investment companies.

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Institutional Ownership by Quarter for Colony Capital (NYSE:CLNY)

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