Five Oaks Investment Corp. (NYSE:OAKS) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

According to Zacks, “Five Oaks Investment Corp. is a real estate investment trust. The company is focused on investing, financing and managing both agency and non-agency residential mortgage-backed securities, residential mortgage loans and other mortgage related investments. Five Oaks Investment Corp. is based in New York, United States. “

Separately, Ladenburg Thalmann Financial Services began coverage on Five Oaks Investment Corp. in a research note on Tuesday. They issued a “neutral” rating on the stock.

Shares of Five Oaks Investment Corp. (OAKS) opened at 4.57 on Friday. The firm has a market capitalization of $101.18 million, a price-to-earnings ratio of 7.77 and a beta of 1.34. The company’s 50-day moving average price is $4.34 and its 200 day moving average price is $4.87. Five Oaks Investment Corp. has a 12-month low of $3.80 and a 12-month high of $6.15.

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A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Five Oaks Investment Corp. by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 805,729 shares of the real estate investment trust’s stock valued at $3,932,000 after buying an additional 16,005 shares in the last quarter. FMR LLC lifted its stake in shares of Five Oaks Investment Corp. by 15.3% during the 1st quarter. FMR LLC now owns 574,053 shares of the real estate investment trust’s stock worth $2,945,000 after purchasing an additional 76,353 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Five Oaks Investment Corp. by 15.5% during the 1st quarter. Renaissance Technologies LLC now owns 350,782 shares of the real estate investment trust’s stock worth $1,800,000 after purchasing an additional 47,173 shares during the period. PVG Asset Management Corp purchased a new position in shares of Five Oaks Investment Corp. during the 2nd quarter worth $657,000. Finally, Rational Advisors LLC purchased a new position in shares of Five Oaks Investment Corp. during the 2nd quarter worth $657,000. 33.71% of the stock is currently owned by hedge funds and other institutional investors.

About Five Oaks Investment Corp.

Five Oaks Investment Corp. is a real estate investment trust. The Company is focused on investing on a leveraged basis in mortgage and other real estate-related assets, particularly residential mortgage loans and mortgage-backed securities (MBS). The Company invests in various assets, such as Agency residential MBS (RMBS); securitizations backed by multi-family mortgage loans, or Multi-Family MBS; residential mortgage loans and other mortgage-related investments, including mortgage servicing rights (MSRs), and Non-Agency RMBS.

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