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NSAM

NorthStar Asset Management

, CLNY

Colony Capital

$17.77

-0.18 (-1.00%)

09:10
10/17/16
10/17
09:10
10/17/16
09:10

NorthStar Asset Management provides update on merger agreement

The management of NorthStar Asset Management (NSAM), Colony Capital (CLNY) and Northstar Realty Finance (NRF) plan to hold their respective shareholder meetings prior to the end of the year and close the merger in January 2017. Colony NorthStar's lending banks have reaffirmed their financing commitment for the transaction, and the company has made substantial progress on the merger integration planning and reiterates its strong capital position. At the close of the merger, the Company intends to commence payment of an annualized dividend of $1.08 per share, payable quarterly.

NSAM

NorthStar Asset Management

CLNY

Colony Capital

$17.77

-0.18 (-1.00%)

NRF

Northstar Realty

  • 07

    Nov

NSAM NorthStar Asset Management

06/01/16
FBRC
06/01/16
DOWNGRADE
Target $12.5
FBRC
Market Perform
NorthStar Asset downgraded to Market Perform from Outperform at FBR Capital
FBR Capital analyst Jessica Ribner downgraded NorthStar Asset Management to Market Perform with a $12.50 price target.
CLNY Colony Capital
$17.77

-0.18 (-1.00%)

03/02/16
FBRC
03/02/16
DOWNGRADE
Target $18
FBRC
Market Perform
Colony Capital downgraded to Market Perform from Outperform at FBR Capital
FBR Capital analyst Daniel Altscher downgraded Colony Capital to Market Perform saying the stock's discount to net asset value is likely to persist given the company's business model transition. Altscher cut his price target for the shares to $18 from $24.
03/02/16
03/02/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Dollar Tree (DLTR) double downgraded to Market Perform at Raymond James by analyst Dan Wewer, who said the shares are near an all-time high while comp sales growth for the core segment are slowing. 2. Bonanza Creek (BCEI) downgraded at Canaccord, KLR Group, Wunderlich and Imperial Capital, with analysts citing the failed divestiture of the Rocky Mountain Infrastructure assets. 3. Valeant (VRX) downgraded to Hold at Canaccord by analyst Neil Maruoka, who cited increased uncertainty from the different investigations, as well as his reduced reliance on the company's fundamentals. 4. Calavo Growers (CVGW) downgraded to Neutral at DA Davidson, citing fruit prices that usually rise during this time of the year. 5. Colony Capital (CLNY) downgraded to Market Perform at FBR Capital by analyst Daniel Altscher, who said the stock's discount to net asset value is likely to persist given the company's business model transition. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/05/16
WEDB
10/05/16
INITIATION
Target $26
WEDB
Outperform
Colony Capital initiated with an Outperform at Wedbush
Target $26.
NRF Northstar Realty

02/09/16
KBWI
02/09/16
DOWNGRADE
Target $13
KBWI
Market Perform
Northstar Realty downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette analyst Jade Rahmani downgraded NorthStar Realty Finance to Market Perform with a reduced price target of $13 citing an uncertain environment.
02/09/16
02/09/16
DOWNGRADE

On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Capital Senior Floating (ACSF) downgraded to Market Perform at Keefe Bruyette... American Science & Engineering (ASEI) downgraded to Hold from Buy at Benchmark... ArcelorMittal (MT) downgraded to Neutral from Overweight at JPMorgan... BioCryst (BCRX) downgraded to Hold from Buy at Jefferies... Brixmor (BRX) downgraded to Underperform from Outperform at RBC Capital... Diana Shipping (DSX) downgraded to Neutral from Buy at Clarksons Platou... Eagle Point Credit (ECC) downgraded to Neutral from Buy at Compass Point... Golden Ocean (GOGL) downgraded to Neutral from Buy at Clarksons Platou... Lukoil (LUKOY) downgraded to Hold from Buy at Deutsche Bank... Memorial Resource (MRD) downgraded to Neutral from Overweight at JPMorgan... Navios Maritime (NM) downgraded to Neutral from Buy at Clarksons Platou... Northstar Realty (NRF) downgraded to Market Perform from Outperform at Keefe Bruyette... Plains All American (PAA) downgraded to Neutral from Buy at BofA/Merrill... Plains GP Holdings (PAGP) downgraded to Neutral from Buy at BofA/Merrill... Qualys (QLYS) downgraded to Neutral from Buy at DA Davidson... Quidel (QDEL) downgraded to Hold from Buy at Canaccord... Randgold (GOLD) downgraded to Hold from Buy at Deutsche Bank... Scorpio Bulkers (SALT) downgraded to Neutral from Buy at Clarksons Platou... Tortoise Energy (TYG) downgraded to Hold from Buy at Stifel... Winnebago (WGO) downgraded to Neutral from Buy at Northcoast.
04/08/16
UBSW
04/08/16
NO CHANGE
Target $22
UBSW
Buy
Northstar Realty price target lowered to $22 from $46 at UBS
UBS lowered its price target on Northstar Realty to $22 from $46 following its revision on value methodology after the company's change in strategy. The firm's price target reflects a discount to NAV to reflect the uncertainty regarding the timing of asset sales. UBS maintained its Buy rating on Northstar Realty shares.
06/01/16
FBRC
06/01/16
DOWNGRADE
Target $12.75
FBRC
Market Perform
Northstar Realty downgraded to Market Perform from Outperform at FBR Capital
FBR Capital analyst Jessica Ribner downgraded NorthStar Realty Finance to Market Perform with a $12.75 price target.

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