Insider Buying: Marran H. Ogilvie Purchases 1,140 Shares of ZAIS Financial Corp Stock (ZFC)
ZAIS Financial Corp (NYSE:ZFC) Director Marran H. Ogilvie acquired 1,140 shares of ZAIS Financial Corp stock on the open market in a transaction dated Wednesday, August 20th. The shares were purchased at an average cost of $18.71 per share, with a total value of $21,329.40. Following the purchase, the director now directly owns 4,290 shares of the company’s stock, valued at approximately $80,266. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
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 (NYSE:ZFC) opened at 18.83 on Friday. 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 $16.7 and a 200-day moving average of $16.73. The company has a market cap of $150.1 million and a price-to-earnings ratio of 4.55.
ZAIS Financial Corp (NYSE:ZFC) last released its 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).
Receive News & Ratings for ZAIS Financial Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZAIS Financial Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.