Going Through the Chart for New Residential Investment Corp. (NRZ)

Lloyd Doyle
January 13, 2018

Omega Advisors invested in 1.42M shares. Shares are now up over the past year, outperforming the broad market by -100% and underperformed a peer group of similar companies by -368%. The stock increased 2.12% or $0.335 during the last trading session, reaching $16.165. Knowles Corporation (NYSE:KN) has risen 40.62% since January 12, 2017 and is uptrending. It has underperformed by 0.80% the S&P500. TCI Wealth Advisors Inc. lifted its stake in New Residential Investment by 203.0% during the third quarter. Candlewood Investment Group Lp bought 90,000 shares as the company's stock declined 0.74% while stock markets rallied. Bessemer Gp holds 377 shares. After the latest session, which saw the stock close at a price of $17.63, NRZ sits below its 52-week high. About 1.97 million shares traded. Piper Jaffray maintained New Residential Investment Corp. It has outperformed by 5.34% the S&P500. Eastern time. The Dow Jones industrial average rose 86 points, or 0.3 percent, to 25,455, the Nasdaq composite gained 25 points, or 0.4 percent, to 7,178 and the Russell 2000 index of small-cap stocks climbed 9 points, or 0.6 percent, to 1,569. (NRZ) has a market cap of $5.46 billion and over the last 12 months, New Residential Investment Corp. 37 funds opened positions while 100 raised stakes. 143.66 million shares or 1.96% more from 140.89 million shares in 2017Q2 were reported. Exxonmobil Inv Mngmt Incorporated Tx reported 133,985 shares. Hightower Advsrs Ltd has invested 0.01% in New Residential Investment Corp. New Residential Investment Corp. earnings have risen with an annualized rate of 227.2% over the last 5 years. (NYSE:NRZ) traded up 2.38% on Wednesday, reaching $15.51. Vigilant Capital Mngmt Ltd holds 274 shares or 0% of its portfolio. (NYSE:ALG). Bank & Trust Of Montreal Can holds 397 shares or 0% of its portfolio.

New Residential Investment (NYSE:NRZ) last announced its quarterly earnings data on Friday, October 27th. Kingstown Capital Limited Partnership holds 4.46% or 2.25M shares. Connecticut-based Paloma Prns Mngmt Co has invested 0% in New Residential Investment Corp.

Want to see what other hedge funds are holding NRZ? Glenmede Trust Co Na stated it has 531 shares. Prelude Management Limited Liability Corp stated it has 6,840 shares. The other 7, though not evenly; between analysts who think you should buy New Residential Investment Corp. versus those who think you should sell it. (NYSE:NRZ). Cetera Advisor Netwr Ltd holds 0.02% or 20,375 shares in its portfolio. Investec Asset Mgmt North America accumulated 0.14% or 50,591 shares. (NYSE:ALG). Pub Employees Retirement Systems Of Ohio has invested 0% in Alamo Group Inc. New Residential Investment Corp. comprises 3.5% of Doheny Asset Management CA's investment portfolio, making the stock its 8th largest position. Therefore 29% are positive. American Express Company had 96 analyst reports since July 23, 2015 according to SRatingsIntel. FBR Capital downgraded Knowles Corporation (NYSE:KN) on Tuesday, October 27 to "Underperform" rating. The direction of this stock is getting Strengthening.This is an indicator for investors to know whether the stock is heading towards a Buy or Sell, or whether the Hold is advancing towards a Buy or a Sell. New Residential Investment Corp.'s payout ratio is presently 112.20%. (NYSE:NRZ) earned "Buy" rating by Keefe Bruyette & Woods on Tuesday, June 6. The rating was maintained by Piper Jaffray on Thursday, October 26 with "Buy". FBR Capital maintained the shares of NRZ in report on Friday, June 23 with "Buy" rating. The company was maintained on Monday, July 24 by Piper Jaffray. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going. Its up 0.28, from 1.12 in 2017Q2. It is negative, as 47 investors sold ABT shares while 563 reduced holdings.


Investors sentiment increased to 1.4 in 2017 Q3. (NYSE:ALG). Natl Invest Services Inc Wi reported 0.22% stake. Great Lakes Advsr Ltd Com has 1.63% invested in Abbott Laboratories (NYSE:ABT) for 1.30 million shares. Atlas Browninc holds 1,454 shares. Missouri-based Benjamin F Edwards has invested 0.15% in Abbott Laboratories (NYSE:ABT). Utah Retirement Systems has 56,246 shares for 0.02% of their portfolio. Next Finance Grp holds 0.04% or 8,083 shares in its portfolio. Wesbanco State Bank invested in 0.46% or 165,690 shares. Prudential Finance accumulated 0.01% or 504,005 shares. 170.65 million shares or 1.96% more from 167.38 million shares in 2017Q2 were reported.

Echo Street Capital Management Llc, which manages about $2.68B and $2.94 billion US Long portfolio, decreased its stake in Cubesmart (NYSE:CUBE) by 154,882 shares to 220,739 shares, valued at $5.73 million in 2017Q3, according to the filing. 43,741 shares were sold by O'Neill Michael John, worth $4.32 million on Monday, December 11. TheStreet raised shares of New Residential Investment Corp. from a "hold" rating to a "buy" rating in a research note on Tuesday, November 15th. Therefore 72% are positive. Abbott Laboratories had 92 analyst reports since July 24, 2015 according to SRatingsIntel. KeyBanc Capital Markets initiated the stock with "Sector Weight" rating in Friday, December 18 report. The rating was maintained by Lake Street on Tuesday, January 12 with "Buy". On Thursday, August 4 the stock rating was maintained by Jefferies with "Buy". The rating was maintained by Barclays Capital on Thursday, April 20 with "Overweight". Canaccord Genuity has "Buy" rating and $18000 target.

Since September 1, 2017, it had 0 buys, and 2 selling transactions for $426,206 activity. Commerzbank Aktiengesellschaft Fi holds 3,905 shares. NRZ is the cheaper of the two stocks on an earnings basis but is expensive in terms of P/B and P/S ratio. They expect $0.51 earnings per share, down 17.74% or $0.11 from last year's $0.62 per share. NRZ's profit will be $156.76 million for 8.65 P/E if the $0.51 EPS becomes a reality.

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