Stephens Inc. AR Takes Position in New Residential Investment Corp. (NRZ)

Brunilde Fioravanti
Novembre 24, 2017

The insider now holds 20,688 shares of New Residential Investment Corp. (NRZ) most recent 13F filing, the company has 46 new institutional holders - accounting for 2.78 million shares of its common stock. Goldman Sachs Group Inc. grew its position in shares of New Residential Investment Corp.by 211.2% during the second quarter. Goldman Sachs Group Inc. now owns 2,147,579 shares of the real estate investment trust's stock worth $33,416,000 after buying an additional 1,457,525 shares in the last quarter.

The average Wall Street analyst rating for New Residential Investment Corp.is Strong Buy, according to the average of 6 analyst scores. BNP Paribas Arbitrage SA now owns 1,365,991 shares of the real estate investment trust's stock worth $21,255,000 after purchasing an additional 1,313,980 shares during the period. Samlyn Capital LLC acquired a new position in New Residential Investment Corp.in the second quarter worth $12,201,000. Chicago Equity Partners LLC boosted its holdings in New Residential Investment Corp.by 166.6% in the third quarter. US Bancorp DE lifted its position in New Residential Investment Corp.by 0.6% in the second quarter. Institutional investors own 62.80% of the company's stock. AGNC Investment Corp. has a 12-month low of $17.30 and a 12-month high of $22.34.

New Residential Investment Corp (NYSE:NRZ) traded down 0.55% during midday trading on Thursday, reaching $16.17. The company's stock had a trading volume of 4,324,152 shares. The firm has a market cap of $7,908.09, a P/E ratio of 7.96 and a beta of 0.15. New Residential Investment Corp. New Residential Investment Corp had a return on equity of 15.13% and a net margin of 38.93%. During the same quarter past year, the company earned $0.49 earnings per share. The real estate investment trust reported $0.62 EPS for the quarter, beating the consensus estimate of $0.61 by $0.01. The company had revenue of $331.38 million for the quarter, compared to analyst estimates of $291.66 million.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 27th. Shareholders of record on Monday, October 2nd were issued a dividend of $0.50 per share. The ex-dividend date was Friday, September 29th. This represents a dividend yield of 11%. New Residential Investment Corp. New Residential Investment Corp.'s payout ratio is presently 64.72%. "(NRZ) Stake Lessened by Trust Investment Advisors" was published by TrueBlueTribune and is the property of of TrueBlueTribune. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of worldwide copyright & trademark law. The legal version of this piece of content can be read at https://www.truebluetribune.com/2017/11/23/new-residential-investment-corp-nrz-holdings-cut-by-trust-investment-advisors.html.

Several research analysts recently commented on the company. FBR & Co boosted their target price on New Residential Investment Corp from $16.75 to $17.50 and gave the company an "outperform" rating in a research note on Wednesday, February 22nd. Zacks Investment Research raised New Residential Investment Corp. from a "sell" rating to a "hold" rating in a research note on Saturday, August 12th. Finally, Compass Point upgraded New Residential Investment Corp from a "neutral" rating to a "buy" rating in a research note on Tuesday, January 31st. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The company now has a consensus rating of "Hold" and an average price target of $20.28.

New Residential Investment Corp Company Profile New Residential Investment Corp.is a real estate investment trust (REIT). Martingale Asset Management L P now owns 1,042,044 shares of the real estate investment trust's stock valued at $22,186,000 after purchasing an additional 821,363 shares during the last quarter. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE