Dar ... I was able to cut and copy the JMP update, thanks for the heads up
In the report, JMP Securities noted, We reiterate our Market Outperform rating and raise our price target on NorthStar Realty shares to $11.00 from $9.50. After two client events with NorthStar management since the company's 2Q13 earnings call in early August, including a presentation by NRF at the JMP Securities Financial Services and Real Estate Conference in New York on October 1, we reiterate our Market Outperform rating on this internally managed, well-diversified commercial mortgage REIT. Among other recent highlights, NorthStar has announced a second investment in real estate private equity funds amounting to $357M of committed capital at an expected 20% return on equity; completed the full $1.1B of capital registered for its first non-traded REIT; announced a 2Q13 dividend of $0.20 per share, representing its eighth consecutive quarterly dividend increase; and completed a follow-on equity offering of 40.3M shares at $9.60 per share, providing net proceeds of $376.1M.
NorthStar Realty Finance Corp. closed on Monday at $9.46.