New Residential Investment Corp (NRZ) Issues Quarterly Earnings Results

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02 June, 2017

Iron Financial LLC increased its position in shares of New Residential Investment Corp by 4.3% in the third quarter. The stock had a trading volume of 2,335,990 shares. About 1.46 million shares traded.

New Residential Investment Corp. It has outperformed by 5.34% the S&P500. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Therefore 12% are positive. Lennox International Inc. had 29 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus downgraded the shares of Global Positioning System in report on Friday, May 20 to "Hold" rating. The firm has "Neutral" rating by Citigroup given on Monday, August 22. The rating was maintained by Wunderlich with "Buy" on Tuesday, September 1. The stock has "Outperform" rating by Wedbush on Thursday, October 6. Barclays Capital maintained the stock with "Overweight" rating in Wednesday, August 10 report. The company has market cap of $4.96 billion. The Firm designs, makes and markets a range of products for the heating, ventilation, air conditioning and refrigeration markets. It has a 49.27 P/E ratio. It operates through three divisions: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration. The insider now directly owns 1,610,152 shares worth $25,939,549. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since June 1, 2016 and is uptrending.

Since February 9, 2017, it had 0 buys, and 3 selling transactions for $13.33 million activity. Hayek Kallen Inv Mgmt reported 5,550 shares. 1,620,942 shares of the company's stock traded hands. BURROWS CLIFFORD sold 114,826 shares worth $6.83M. (NYSE:LII) shares with value of $167,656 were sold by NORRIS JOHN W III. The insider Ramo Joshua Cooper sold 5,868 shares worth $324,114.

Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.48, from 1.6 in 2016Q3. Stock rose 28.46% over the trailing 6 months. American Group Inc holds 128,651 shares. Wells Fargo Mn stated it has 890,309 shares. Cambridge Rech Advsrs holds 0.01% or 83,227 shares. 15,600 were reported by State Treasurer State Of Michigan. (NYSE:LII) for 52,936 shares. Of the 17 analysts surveyed by Reuters that track GE 7 of them rate its stock a hold. Herndon Cap Ltd Liability Corp holds 0% or 510 shares. Aperio Grp Lc reported 39,935 shares. 970.72 million shares or 1.73% more from 954.23 million shares in 2016Q3 were reported. Amalgamated Natl Bank accumulated 30,560 shares.

Several analysts have released their opinion on New Residential Investment Corp. During the same quarter in the previous year, the firm posted $0.49 earnings per share. NRZ's profit will be $165.70M for 7.57 P/E if the $0.54 EPS becomes a reality. Gam Ag reported 9,717 shares stake. Thompson Davis & owns 8,424 shares. Ishares (EWW) was raised too. The stock of New Residential Investment Corp (NYSE:NRZ) earned "Outperform" rating by FBR Capital on Thursday, February 25. Therefore 71% are positive. Vetr lowered New Residential Investment Corp from a "buy" rating to a "hold" rating and set a $17.92 price objective on the stock.in a report on Tuesday, April 11th.

Albeit keeping a close eye on stock technical is very important, Investors always show anxiousness about where the stock might be heading. The rating was upgraded by Piper Jaffray to "Overweight" on Monday, October 19. On Wednesday, February 22 the stock rating was maintained by FBR Capital with "Outperform". FBR Capital maintained New Residential Investment Corp (NYSE:NRZ) on Wednesday, February 22 with "Outperform" rating. The firm earned "Neutral" rating on Wednesday, May 18 by Compass Point. JMP Securities has "Mkt Outperform" rating and $15.0 target.

Investors sentiment decreased to 1.12 in Q4 2016. Its up 0.08, from 1.06 in 2016Q3. It dropped, as 24 investors sold NRZ shares while 69 reduced holdings. 33 funds opened positions while 71 raised stakes. The average volume stands around 4.27 million shares. Van Eck, New York-based fund reported 386,145 shares. Timber Hill Ltd Limited Liability Company reported 12,988 shares stake. Sterling Cap Management Ltd has invested 0.01% of its portfolio in New Residential Investment Corp (NYSE:NRZ). Envestnet Asset Management owns 59,438 shares for 0.01% of their portfolio. Schwab Charles Management holds 0.02% of its portfolio in New Residential Investment Corp (NYSE:NRZ) for 1.26 million shares. Waddell Reed stated it has 993,908 shares. Pnc Svcs Gru has 0% invested in New Residential Investment Corp (NYSE:NRZ). 19,646 are held by West Family. Stifel Fincl has invested 0.01% in New Residential Investment Corp (NYSE:NRZ). Pnc Financial Services Group owns 11,150 shares or 0% of their U.S. portfolio. First Allied Advisory holds 0.02% or 20,523 shares in its portfolio.


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