Colony Capital Inc (NYSE:CLNY) has tumbled 5.49% during the past week and has dropped 3.13% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.35%. Colony Capital Inc (NYSE:CLNY) has underperformed the index by 4.01% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Colony Capital Inc (NYSE:CLNY): The stock opened at $17.50 on Friday but the bulls could not build on the opening and the stock topped out at $17.70 for the day. The stock traded down to $17.00 during the day, due to lack of any buying support eventually closed down at $17.05 with a loss of -3.13% for the day. The stock had closed at $17.60 on the previous day. The total traded volume was 3,567,989 shares.
The company shares have dropped -30.41% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $24.80 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $17.87 and the 200 Day Moving Average price is recorded at $17.59.
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CEO of Colony Capital, Inc., Saltzman Richard B, had purchased 75,000 shares in a transaction dated on March 7, 2016. The transaction was executed at $16.5 per share with total amount equaling $1,237,500.
Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm FBR Capital downgrades its rating on Colony Capital Inc (NYSE:CLNY). The rating major has initiated the coverage with market perform rating on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on March 2, 2016. Currently the company Insiders own 17.69% of Colony Capital Inc shares according to the proxy statements. Institutional Investors own 94.42% of Colony Capital Inc shares.
Colony Capital, Inc., formerly Colony Financial, Inc., is a diversified commercial real estate and investment management company that owns a portfolio of real estate equity and debt investments at risk-adjusted returns. The Company operates in four segments: real estate debt investments, which include originated and acquired commercial real estate debt, mortgage-backed securities, and other debt-related investments; a portfolio of light industrial real estate assets and associated operating platform acquired from Cobalt Capital Partners, L.P. and its affiliates; single-family residential rentals through its investment in CAH OP, and other real estate equity investments, which include real estate acquired in settlement of loans or from acquisition of operating properties, common equity in real estate or related companies, and certain preferred equity investments with profit participation meeting certain risk or return profiles.