NorthStar Asset Management Group (NSAM): Price Target and June Short Interest Disclosure

NorthStar Asset Management Group (NSAM) : The most positive equity analysts on NorthStar Asset Management Group (NSAM) expects the shares to touch $20, whereas, the least positive believes that the stock will trade at $15 in the short term. The company is covered by 2 Wall Street Brokerage Firms. The average price target for shares are $17.5 with an expected fluctuation of $3.54 from the mean.

NorthStar Asset Management Group (NSAM), A increase of 717,385 shares or 12.6% was observed in the short interest of NorthStar Asset Mgmt Group Inc The interest on June 30,2016 came in at 6,430,049 shares and as per the average daily trading of 2,880,117 shares, the days to cover are 2. The increased interest is 3.7% of the floated shares. The data of June 15,2016 put the interest at 5,712,664 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


NorthStar Asset Management Group (NYSE:NSAM): stock turned positive on Thursday. Though the stock opened at $11.24, the bulls momentum made the stock top out at $11.33 level for the day. The stock recorded a low of $11.08 and closed the trading day at $11.27, in the green by 1.17%. The total traded volume for the day was 4,487,787. The stock had closed at $11.14 in the previous days trading.

Northstar Asset Management Group Inc. is an asset management company. The Company is focused on managing real estate and other investment platforms in the United States and internationally. The Company owns NorthStar Realty Securities, LLC (NorthStar Securities), which is a captive broker-dealer platform and raises capital in the retail market for its sponsored companies. The Companys sponsored companies include NorthStar Real Estate Income Trust, Inc. (NorthStar Income); NorthStar Healthcare Income, Inc. (North Star Healthcare); NorthStar/RXR New York Metro Income, Inc. ( NorthStar/RXR New York Metro), and NorthStar Corporate Income, Inc. (NorthStar Corporate). The Company also leases its offices in New York; Denver, Colorado; Dallas, Texas; Bethesda, Maryland; London, United Kingdom; Senningerberg, Luxembourg, Los Angeles, California, and Pembroke, Bermuda.

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