Ownership Action Report: Q2 2016 Sentiment NorthStar Asset Management Group Inc. (NYSE:NSAM)

December 1, 2016 - By Marie Mckinney   ·   0 Comments

Ownership Action Report:  Q2 2016 Sentiment NorthStar Asset Management Group Inc. (NYSE:NSAM)

Sentiment for NorthStar Asset Management Group Inc. (NYSE:NSAM)

NorthStar Asset Management Group Inc. (NYSE:NSAM) institutional sentiment decreased to 0.75 in Q2 2016. Its down -0.27, from 1.02 in 2016Q1. The ratio worsened, as 105 funds increased and opened new positions, while 103 sold and decreased their stock positions in NorthStar Asset Management Group Inc.. The funds in our partner’s database reported: 163.51 million shares, up from 156.16 million shares in 2016Q1. Also, the number of funds holding NorthStar Asset Management Group Inc. in their top 10 positions increased from 9 to 10 for an increase of 1. Sold All: 41 Reduced: 62 Increased: 68 New Position: 37.

NorthStar Asset Management Group Inc. is a global asset management company. The company has a market cap of $2.77 billion. The Firm is focused on strategically managing real estate and other investment platforms in the United States and internationally. It has a 39.76 P/E ratio. It manages various companies, including NorthStar Realty Finance Corp. and NorthStar Realty Europe Corp. .

The stock decreased 0.81% or $0.12 during the last trading session, hitting $14.76. NorthStar Asset Management Group Inc (NYSE:NSAM) has risen 20.29% since April 28, 2016 and is uptrending. It has outperformed by 14.37% the S&P500.

Analysts await NorthStar Asset Management Group Inc (NYSE:NSAM) to report earnings on February, 24. They expect $0.27 EPS, 0.00% or $0.00 from last year’s $0.27 per share. NSAM’s profit will be $50.67M for 13.67 P/E if the $0.27 EPS becomes a reality. After $0.26 actual EPS reported by NorthStar Asset Management Group Inc for the previous quarter, Wall Street now forecasts 3.85% EPS growth.

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.”

Sls Management Llc holds 44.69% of its portfolio in NorthStar Asset Management Group Inc for 1.99 million shares. Msd Capital L P owns 6.51 million shares or 16.62% of their US portfolio. Moreover, Andalusian Capital Partners Lp has 9.55% invested in the company for 424,621 shares. The Connecticut-based Land & Buildings Investment Management Llc has invested 9.53% in the stock. Msd Partners L.P., a New York-based fund reported 12.77 million shares.#img1#

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

Ratings analysis reveals 100% of NorthStar Asset Mgmt’s analysts are positive. Out of 4 Wall Street analysts rating NorthStar Asset Mgmt, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $12.50 while the high is $26.0. The stock’s average target of $18.30 is 23.98% above today’s ($14.76) share price. NSAM was included in 10 notes of analysts from August 7, 2015. The company was maintained on Monday, March 14 by Deutsche Bank. The firm earned “Mkt Perform” rating on Wednesday, June 1 by FBR Capital. The firm earned “Outperform” rating on Friday, October 16 by FBR Capital. The firm has “Top Pick” rating by FBR Capital given on Wednesday, September 9. As per Friday, October 14, the company rating was maintained by Wood. The stock of NorthStar Asset Management Group Inc (NYSE:NSAM) earned “Buy” rating by Deutsche Bank on Friday, August 7. On Friday, October 21 the stock rating was upgraded by FBR Capital to “Outperform”. Deutsche Bank maintained the shares of NSAM in a report on Friday, August 7 with “Buy” rating.

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.

Another recent and important NorthStar Asset Management Group Inc (NYSE:NSAM) news was published by Nasdaq.com which published an article titled: “NorthStar Asset Management Group, Inc. (NSAM) Ex-Dividend Date Scheduled for …” on November 08, 2016.

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By Marie Mckinney


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