Punch & Associates Investment Management Inc. grew its holdings in NorthStar Realty Europe Corp. (NYSE:NRE) by 6.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 650,496 shares of the financial services provider’s stock after purchasing an additional 37,821 shares during the quarter. Punch & Associates Investment Management Inc. owned 1.18% of NorthStar Realty Europe Corp. worth $8,248,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Russell Investments Group Ltd. grew its holdings in shares of 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 valued at $2,178,000 after purchasing an additional 146,856 shares in the last quarter. Acadian Asset Management LLC increased its stake in NorthStar Realty Europe Corp. by 590.6% during the 2nd 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 during the period. Schwab Charles Investment Management Inc. increased its stake in NorthStar Realty Europe Corp. by 11.2% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 536,183 shares of the financial services provider’s stock worth $6,799,000 after buying an additional 54,018 shares during the period. Bank of New York Mellon Corp increased its stake in NorthStar Realty Europe Corp. by 1.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 478,763 shares of the financial services provider’s stock worth $6,071,000 after buying an additional 5,640 shares during the period. Finally, Legal & General Group Plc lifted its holdings in NorthStar Realty Europe Corp. by 37.4% during the 2nd quarter. Legal & General Group Plc now owns 23,604 shares of the financial services provider’s stock worth $299,000 after buying an additional 6,430 shares in the last quarter. 69.89% of the stock is owned by institutional investors and hedge funds.

NRE has been the subject of several recent research reports. BidaskClub cut shares of NorthStar Realty Europe Corp. from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. ValuEngine upgraded shares of NorthStar Realty Europe Corp. from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th.

NorthStar Realty Europe Corp. (NYSE NRE) traded up 0.94% on Monday, reaching $12.93. The company had a trading volume of 38,697 shares. The stock’s 50-day moving average price is $12.57 and its 200 day moving average price is $12.26. The firm’s market capitalization is $714.51 million. NorthStar Realty Europe Corp. has a 52-week low of $9.39 and a 52-week high of $13.10.

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 (EPS) for the quarter. NorthStar Realty Europe Corp. had a negative net margin of 18.57% and a positive return on equity of 7.73%. The firm had revenue of $32.39 million during the quarter.

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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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Institutional Ownership by Quarter for NorthStar Realty Europe Corp. (NYSE:NRE)

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