Samlyn Capital buys $85,134,111 stake in NorthStar Asset Management Group Inc (NSAM)

NorthStar Asset Management Group Inc (NSAM) : Samlyn Capital scooped up 764,501 additional shares in NorthStar Asset Management Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 7,154,127 shares of NorthStar Asset Management Group Inc which is valued at $85,134,111.NorthStar Asset Management Group Inc makes up approximately 2.07% of Samlyn Capital’s portfolio.

Other Hedge Funds, Including , Millennium Management reduced its stake in NSAM by selling 658,157 shares or 46.24% in the most recent quarter. The Hedge Fund company now holds 765,155 shares of NSAM which is valued at $9,105,345. NorthStar Asset Management Group Inc makes up approx 0.02% of Millennium Management’s portfolio.Proshare Advisors reduced its stake in NSAM by selling 1,274 shares or 4.63% in the most recent quarter. The Hedge Fund company now holds 26,256 shares of NSAM which is valued at $312,446.Calvert Investment Management boosted its stake in NSAM in the latest quarter, The investment management firm added 1,580 additional shares and now holds a total of 14,372 shares of NorthStar Asset Management Group Inc which is valued at $172,895. NorthStar Asset Management Group Inc makes up approx 0.01% of Calvert Investment Management’s portfolio.Gsa Capital Partners Llp boosted its stake in NSAM in the latest quarter, The investment management firm added 66,374 additional shares and now holds a total of 83,321 shares of NorthStar Asset Management Group Inc which is valued at $1,002,352. NorthStar Asset Management Group Inc makes up approx 0.05% of Gsa Capital Partners Llp’s portfolio.Swiss National Bank reduced its stake in NSAM by selling 18,000 shares or 5.54% in the most recent quarter. The Hedge Fund company now holds 306,750 shares of NSAM which is valued at $3,677,933. NorthStar Asset Management Group Inc makes up approx 0.01% of Swiss National Bank’s portfolio.

NorthStar Asset Management Group Inc closed down -0.02 points or -0.16% at $12.41 with 12,91,050 shares getting traded on Thursday. Post opening the session at $12.46, the shares hit an intraday low of $12.33 and an intraday high of $12.51 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, NorthStar Asset Management Group Inc reported $0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.16.Analysts expectations of $ 118.43.

Many Wall Street Analysts have commented on NorthStar Asset Management Group Inc. Company shares were Upgraded by FBR Capital on Jun 6, 2016 to ” Outperform”, Firm has raised the Price Target to $ 15 from a previous price target of $12.50 .Shares were Downgraded by FBR Capital on Jun 1, 2016 to ” Mkt Perform” and Lowered the Price Target to $ 12.50 from a previous price target of $15 .

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 Company’s 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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