Colony Northstar May Have Been Pushed Lower By Selling From ex-Northstar Executives

Colony Northstar shares have fallen sharply in recent weeks (-18% YTD).  I believe the selling pressure comes from ex-Northstar executives.  The existing share buyback plan was largely completed by November and had little remaining capacity to take advantage of the falling price. In conjunction with the merger Northstar executives negotiated the following equity grants to … Continue reading Colony Northstar May Have Been Pushed Lower By Selling From ex-Northstar Executives

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Colony Northstar Is Becoming Simpler And More Valuable

Near-term earnings are a bit weaker than expected and it will take years to realize the expected benefits of the merger The stock trades at one of the lowest valuations in the sector because the balance sheet and income statement remain difficult to analyze The market may have overlooked the benefits of the recently announced … Continue reading Colony Northstar Is Becoming Simpler And More Valuable

Colony Northstar Delivered a 50% Return. What’s Next?

Colony Northstar (CLNS) management did an admirable job of bringing their 3-way merger to completion.  Northstar Asset Management (NSAM) shareholders have earned a total return over 50% since I wrote last July that shares had potential for a 60% return (LINK).  What next? CLNS has not updated its future guidance since the initial merger presentation … Continue reading Colony Northstar Delivered a 50% Return. What’s Next?