(NYSE:NRZ) Under Analyst Spotlight

Annette Crawford
September 23, 2017

(NRZ). These ratios are important while doing valuation of the company or the shares of the company.

New Residential Investment Corp.is a real estate investment trust (REIT).

New Residential Investment Corp. has a 52 week low of $13.30 and a 52 week high of $17.86. The stock rose 0.24% or $0.04 reaching $16.82. About 874,024 shares traded. Penserra Capital Management LLC lifted its stake in shares of New Residential Investment Corp.by 73.2% during the 1st quarter. It has outperformed by 5.34% the S&P500.

For more information about research offerings from Zacks Investment Research, visit Receive News & Ratings for New Residential Investment Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Residential Investment Corp and related companies with FREE daily email newsletter. The institutional investor held 39,184 shares of the telecommunications equipment company at the end of 2017Q2, valued at $1.48M, up from 27,637 at the end of the previous reported quarter.

A number of analysts have recently commented on the company. Stock rose 11.93% over the trailing 6 months. MSA's profit would be $30.37M giving it 23.46 P/E if the $0.80 EPS is correct. The real estate investment trust reported $1.03 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.55 by $0.48.

Analyst Thoughts About AGNC Investment Corp. In the most recent quarter, institutional ownership decreased by a net of 17.98 million shares, or 12.02%. It also increased its holding in Pvh Corp (NYSE:PVH) by 53,000 shares in the quarter, for a total of 448,338 shares, and has risen its stake in Aercap Holdings Nv (NYSE:AER).


Investors sentiment decreased to 1.12 in 2016 Q4. Its down 1.54, from 2.66 in 2017Q1. It dropped, as 24 investors sold NRZ shares while 69 reduced holdings. 52 funds opened positions while 83 raised stakes. Ardsley Advisory reported 703,000 shares. Eagle Ridge Inv has invested 0.08% in New Residential Investment Corp (NYSE:NRZ).

Shares of New Residential Investment Corp. (NRZ) traded up 0.66% on Thursday, reaching $16.89. Boston Ptnrs accumulated 0.01% or 313,183 shares. Analysts anticipate that New Residential Investment Corp. will post $2.56 earnings per share for the current fiscal year. Aqr Management Ltd Com reported 429,128 shares. The 50 day moving average moved up $0.14 whereas the 200 day average was up by +1.516%. Lpl Ltd holds 109,706 shares or 0.01% of its portfolio. Qs Invsts owns 343 shares. 7,099 are owned by Hbk Invs L P. Zurcher Kantonalbank (Zurich Cantonalbank) reported 1,560 shares stake. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 1.90, which implies that analysts are generally bullish in their outlook for NRZ over the next year. Therefore 63% are positive. Finally, Piper Jaffray Companies restated a buy rating and issued a $18.00 price target on shares of New Residential Investment Corp.in a report on Sunday, August 27th. Keefe Bruyette & Woods maintained the shares of NRZ in report on Tuesday, June 6 with "Buy" rating. Robert W. Baird upgraded MSA Safety Incorporated (NYSE:MSA) rating on Monday, October 31. The rating was reinitiated by Piper Jaffray on Friday, September 9 with "Overweight".

Analysts expect New Residential Investment Corp.

On June 20 the stock rating was downgraded from "Outperform" to "Neutral" in a report from Wedbush.

Among 25 analysts covering AT&T Inc. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. As per Monday, September 26, the company rating was upgraded by HSBC. The rating was maintained by Keefe Bruyette & Woods on Tuesday, September 12 with "Buy". The stock of AT&T Inc. As per Thursday, August 3, the company rating was maintained by Stifel Nicolaus. The firm earned "Outperform" rating on Wednesday, April 12 by Wells Fargo. Robert W. Baird downgraded the shares of MSA in report on Friday, July 22 to "Neutral" rating. Arrowstreet Capital Limited Partnership acquired a new position in New Residential Investment Corp.in the 2nd quarter worth approximately $1,968,000.

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