Insider Buying: ZAIS Financial Corp Director Buys 1,140 Shares of Stock (ZFC)
ZAIS Financial Corp (NYSE:ZFC) Director Marran H. Ogilvie bought 1,140 shares of the stock in a transaction that occurred on Wednesday, August 20th. The stock was purchased at an average price of $18.71 per share, for a total transaction of $21,329.40. Following the completion of the purchase, the director now directly owns 4,290 shares in the company, valued at approximately $80,266. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Several analysts have recently commented on the stock. 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.
Shares of ZAIS Financial Corp (NYSE:ZFC) traded up 0.75% on Thursday, hitting $18.82. The stock had a trading volume of 29,429 shares. ZAIS Financial Corp has a 1-year low of $15.62 and a 1-year high of $19.15. The stock has a 50-day moving average of $16.65 and a 200-day moving average of $16.71. The company has a market cap of $150.0 million and a P/E ratio of 4.51.
ZAIS Financial Corp (NYSE:ZFC) last issued its quarterly earnings data 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.
ZAIS Financial Corp. is a real estate investment trust (NYSE:ZFC).
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