NorthStar Realty Europe Corp. (NYSE:NRE) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

Separately, ValuEngine raised NorthStar Realty Europe Corp. from a “hold” rating to a “buy” rating in a report on Tuesday, June 13th.

Shares of NorthStar Realty Europe Corp. (NYSE NRE) traded down 0.56% during trading on Wednesday, reaching $12.34. 21,734 shares of the company were exchanged. NorthStar Realty Europe Corp. has a one year low of $9.39 and a one year high of $13.10. The firm’s 50 day moving average price is $12.72 and its 200 day moving average price is $12.22. The company’s market capitalization is $681.91 million.

NorthStar Realty Europe Corp. (NYSE:NRE) last posted its earnings results on Tuesday, August 8th. The financial services provider reported $0.21 earnings per share for the quarter. NorthStar Realty Europe Corp. had a positive return on equity of 7.73% and a negative net margin of 18.57%. The company had revenue of $32.39 million for the quarter.

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. Acadian Asset Management LLC increased its position in NorthStar Realty Europe Corp. by 590.6% in the second quarter. Acadian Asset Management LLC now owns 1,207,317 shares of the financial services provider’s stock worth $15,308,000 after buying an additional 1,032,499 shares in the last quarter. Russell Investments Group Ltd. increased its position in NorthStar Realty Europe Corp. by 589.0% in the second quarter. Russell Investments Group Ltd. now owns 171,788 shares of the financial services provider’s stock worth $2,178,000 after buying an additional 146,856 shares in the last quarter. SLS Management LLC increased its position in NorthStar Realty Europe Corp. by 1.8% in the second quarter. SLS Management LLC now owns 279,528 shares of the financial services provider’s stock worth $3,544,000 after buying an additional 4,900 shares in the last quarter. Teachers Advisors LLC increased its position in NorthStar Realty Europe Corp. by 0.8% in the second quarter. Teachers Advisors LLC now owns 114,989 shares of the financial services provider’s stock worth $1,458,000 after buying an additional 898 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in NorthStar Realty Europe Corp. by 0.5% in the second quarter. Wells Fargo & Company MN now owns 115,517 shares of the financial services provider’s stock worth $1,465,000 after buying an additional 539 shares in the last quarter. 76.70% of the stock is currently owned by institutional investors.

About NorthStar Realty Europe Corp.

NorthStar Realty Europe Corp. is a real estate investment trust (REIT). The Company is a European focused commercial real estate company with primary office properties in cities within Germany, the United Kingdom and France. Its objective is to provide its stockholders with stable and recurring cash flow supplemented by capital growth over time.

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