Analyst Buzz: New Residential Investment Corp. (NRZ)

Lloyd Doyle
January 23, 2018

Candlewood Investment Group Lp bought 90,000 shares as the company's stock declined 0.74% while stock markets rallied. Taking short look on returns of the firm, net profit margin recorded as 75.40% while operating profit margin was 36.30%, whereas price to sale ratio stands at 4.06 and it indicates how much investor paid for a share compared to the sales a company generated per share. The stock increased 0.79% or $0.63 during the last trading session, reaching $80.42.

Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is -3.20% and standing -2.93% away from 50-Day Simple Moving Average while traded 2.08% away from 200-Day Simple Moving Average.

What Historical Figures Say About New Residential Investment Corp. It has outperformed by 5.34% the S&P500.

Prince Street Capital Management Llc increased its stake in Compania De Minas Buenaventu (BVN) by 25.25% based on its latest 2017Q3 regulatory filing with the SEC. Parametric Portfolio Associates Llc sold 96,285 shares as New Residential Invt C Com (NRZ)'s stock declined 0.74%. The fund owned 524,932 shares of the real estate investment trust's stock after acquiring an additional 34,582 shares during the quarter. Commonwealth Bank Of Australia who had been investing in International Paper Co for a number of months, seems to be bullish on the $26.22B market cap company. The Company focuses on investing in, and managing, investments related to residential real estate. About 993,694 shares traded. Alpine Global Premier Properties Fund (NYSE:AWP) has risen 12.41% since January 22, 2017 and is uptrending. It has outperformed by 10.25% the S&P500. The firm is having analyst recommendation of 2.40 on scale of 1 to 5. Therefore 56% are positive. Barclays upped their price target on shares of New Residential Investment from $16.00 to $19.00 and gave the company an "overweight" rating in a report on Tuesday, October 24th.

The stock as RSI reading reached at 39.29 because on this mostly stock considered as overbought or oversold. (NRZ) has the market capitalization of $5.3 Billion. The company was maintained on Tuesday, October 31 by KeyBanc Capital Markets. The firm has "Buy" rating by HSBC given on Tuesday, December 13. Brean Capital downgraded the stock to "Buy" rating in Friday, July 15 report. The stock of CompañÃa de Minas Buenaventura S.A.A. (NYSE:BVN) has "Hold" rating given on Wednesday, April 13 by HSBC. Wells Fargo has "Buy" rating and $70.0 target.

Since August 18, 2017, it had 0 insider purchases, and 7 selling transactions for $35.61 million activity.


Investors sentiment increased to 1.4 in Q3 2017. Its down 0.08, from 1.03 in 2017Q2. 76 funds opened positions while 199 raised stakes. 143.66 million shares or 1.96% more from 140.89 million shares in 2017Q2 were reported. Institutional investors own 49.26% of the company's stock. (NYSE:NRZ). Rhumbline Advisers stated it has 0.01% in New Residential Investment Corp. (NYSE:NRZ). Invesco holds 1.61 million shares or 0.01% of its portfolio. The stock has a beta value of 0.86. Bath Savings invested in 0.19% or 11,458 shares. (NYSE:NRZ). Omega Inc reported 0.92% stake. Seizert Cap Ltd Liability holds 1.14% of its portfolio in Biogen Inc. 32 were accumulated by Howe And Rusling Incorporated. Ardsley Advisory reported 1.16 million shares. Rafferty Asset Ltd Limited Liability Company accumulated 51,248 shares.

For the ongoing Fiscal Quarter, 7 analysts have an average earnings forecast of $0.56 per share.

Several analysts have released their opinion on New Residential Investment Corp. The stock grabbed 47 new institutional investments totaling 2,748,467 shares while 38 institutional investors sold out their entire positions totaling 4,730,819 shares. Cap Investment Advsrs Lc holds 0.37% in New Residential Investment Corp. JMP Securities initiated the shares of NRZ in report on Wednesday, December 23 with "Mkt Outperform" rating. New Residential Investment Corp. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chairman, CEO & President Nierenberg Michael has acquired 18,600 shares of New Residential Investment Corp.

Some buy side analysts are also providing their Analysis on New Residential Investment Corp., where 1 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 0 said it's a HOLD, and 0 analysts rated the stock as Sell. Piper Jaffray reinitiated New Residential Investment Corp. As per Monday, October 24, the company rating was downgraded by JP Morgan. As per Monday, February 22, the company rating was maintained by Brean Capital.

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