Bank of New York Mellon Corp grew its stake in shares of NorthStar Realty Europe Corp. (NYSE:NRE) by 1.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 478,763 shares of the financial services provider’s stock after acquiring an additional 5,640 shares during the quarter. Bank of New York Mellon Corp owned about 0.87% of NorthStar Realty Europe Corp. worth $6,071,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Russell Investments Group Ltd. boosted its position 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 worth $2,178,000 after acquiring an additional 146,856 shares during the last quarter. Acadian Asset Management LLC increased its position in NorthStar Realty Europe Corp. by 590.6% during 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 purchasing an additional 1,032,499 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its position in NorthStar Realty Europe Corp. by 11.2% during the second quarter. Schwab Charles Investment Management Inc. now owns 536,183 shares of the financial services provider’s stock worth $6,799,000 after purchasing an additional 54,018 shares during the last quarter. Institutional investors and hedge funds own 69.89% of the company’s stock.

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

Shares of NorthStar Realty Europe Corp. (NRE) opened at 13.02 on Tuesday. The firm’s 50-day moving average price is $12.54 and its 200-day moving average price is $12.31. The stock’s market cap is $719.49 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 issued 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 company had revenue of $32.39 million during the quarter.

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NorthStar Realty Europe Corp. Company Profile

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.

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

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