Share Activity Lifted for WindStream Technologies Inc (WSTI) in Session

A number of large investors have recently made changes to their positions in NRZ. Bsw Wealth Prtn invested in 5,784 shares or 0.17% of the stock.

Shares of New Residential Investment Corp. It also reduced its holding in Chimera Investment Corp by 64,000 shares in the quarter, leaving it with 347,000 shares, and cut its stake in Invesco Mortgage Capital (NYSE:IVR). The company's revenue for the quarter was down 21.4% on a year-over-year basis. Hightower Advsrs Llc has invested 0% in New Residential Investment Corp (NYSE:NRZ). The stock ended last trade at $61.16 a share and the price is up more than 69.37% so far this year. Citigroup has 6.37M shares. The Keywise Capital Management Ltd holds 161,923 shares with $3.55 million value, down from 197,973 last quarter. New Residential Investment Corp. BlackRock Inc. now owns 26,571,141 shares of the real estate investment trust's stock valued at $451,177,000 after buying an additional 26,504,822 shares during the period. Finally, Norges Bank purchased a new position in shares of New Residential Investment Corp. during the fourth quarter valued at approximately $36,977,000. The stock has lost -0.50%, reaching at $16.03 after hovering between $16.01 and $16.30. Altisource Residential Corp Re now has $681.83 million valuation. (NRZ) traded up 4.62% during mid-day trading on Thursday, hitting $16.77. Jacobs Asset Ltd Liability Corporation holds 5.27% or 1.59 million shares.

New Residential Investment Corp. was downgraded to "neutral" by analysts at Wedbush.

The SMA20 for the stock is at 2.44 percent, SMA50 stands at 1.47 percent, while SMA200 is 6.61 Percent, according to Finviz reported data. The company has a market capitalization of $5.15 billion, a price-to-earnings ratio of 8.22 and a beta of 1.00. Baldwin Brothers Inc Ma has invested 0.02% in New Residential Investment Corp (NYSE:NRZ).

According to the latest research reports released, 4 analysts have issued a rating of "buy", 4 analysts "outperform", 1 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". New Residential Investment Corp.'s payout ratio is 94.58%. The Telemus Capital Llc holds 235,355 shares with $3.70 million value, up from 166,660 last quarter. Analyst established EPS growth expected to grow of 59.80% for this year and EPS growth for next year is likely to attain at -0.28%. The analysts estimated sales for the higher end at 290.9 million and lower end at 127.96 million while the year ago reported sale was 128.46 million. Stifel Corp owns 178,178 shares or 0.01% of their U.S. portfolio.

Presently New Residential Investment Corp. The ex-dividend date is Thursday, June 29th. This represents a $2.00 annualized dividend and a dividend yield of 11.93%.

Yesterday's dividend raise is an exceptionally good development for New Residential Investment's shareholders because management has a lot of confidence in its investment portfolio and core earnings trajectory. The original version of this piece can be read at "(NRZ)" was published by Transcript Daily and is the sole property of of Transcript Daily. If you are viewing this piece on another publication, it was copied illegally and reposted in violation of US and worldwide trademark & copyright legislation. BidaskClub upgraded shares of New Residential Investment Corp. from a "hold" rating to a "buy" rating in a research note on Friday, June 16th.

Several other research firms have also recently issued reports on NRZ. The stock has "Mkt Outperform" rating by JMP Securities on Wednesday, December 23. Barclays Capital maintained New Residential Investment Corp (NYSE:NRZ) on Wednesday, August 10 with "Overweight" rating.

Many analysts are providing their Estimated Earnings analysis for New Residential Investment Corp. and for the current quarter 9 analysts have projected that the stock could give an Average Earnings estimate of $0.53/share.

05/20/2015 - New Residential Investment Corp. had its "buy" rating reiterated by analysts at Sterne Agee.

By having an overview of the Income statement for New Residential Investment Corp (NYSE:NRZ) the Revenue for the trailing twelve months is 876.3 Million. The Company focuses on investing in, and managing, investments related to residential real estate. The Company's segments include investments in excess mortgage servicing rights (Excess MSRs); investments in mortgage servicing rights (MSRs); investments in servicer advances; investments in real estate securities; investments in residential mortgage loans; investments in consumer loans, and corporate.

  • Arturo Norris