Share on StockTwits

ZAIS Financial Corp (NYSE:ZFC) CIO Brian Hargrave acquired 1,000 shares of the stock in a transaction dated Monday, August 18th. The stock was purchased at an average cost of $18.69 per share, with a total value of $18,690.00. Following the completion of the purchase, the executive now directly owns 7,499 shares of the company’s stock, valued at approximately $140,156. The purchase was disclosed in a document filed with the SEC, which is available at this link.

ZAIS Financial Corp (NYSE:ZFC) traded down 0.43% during mid-day trading on Tuesday, hitting $18.60. 184,931 shares of the company’s stock traded hands. ZAIS Financial Corp has a 52 week low of $15.62 and a 52 week high of $19.15. The stock has a 50-day moving average of $16.59 and a 200-day moving average of $16.70. The company has a market cap of $148.2 million and a P/E ratio of 4.51.

ZAIS Financial Corp (NYSE:ZFC) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $0.36 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.41 by $0.05.

ZFC has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of ZAIS Financial Corp in a research note on Wednesday, August 13th. They now have a $22.00 price target on the stock, up previously from $20.00. Separately, analysts at Oppenheimer raised their price target on shares of ZAIS Financial Corp from $19.00 to $21.00 in a research note on Wednesday, August 13th. They now have an “outperform” rating on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of ZAIS Financial Corp from $20.00 to $22.00 in a research note on Wednesday, August 13th. They now have an “outperform” rating on the stock.

ZAIS Financial Corp. is a real estate investment trust (NYSE:ZFC).

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.