Shares of Resource Capital Corp. (NYSE:RSO) have been assigned an average recommendation of “Hold” from the six research firms that are covering the firm, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $11.75.

Several research firms have recently commented on RSO. B. Riley reaffirmed a “neutral” rating on shares of Resource Capital in a research report on Friday, November 3rd. Zacks Investment Research raised Resource Capital from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research report on Wednesday, September 27th. ValuEngine raised Resource Capital from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Finally, FBR & Co upped their target price on Resource Capital from $9.75 to $11.50 and gave the company a “market perform” rating in a research report on Tuesday, August 8th.

Resource Capital (NYSE:RSO) opened at $9.92 on Monday. Resource Capital has a 12-month low of $7.90 and a 12-month high of $11.38. The company has a current ratio of 134.66, a quick ratio of 134.66 and a debt-to-equity ratio of 1.60.

Resource Capital (NYSE:RSO) last posted its earnings results on Wednesday, November 1st. The real estate investment trust reported ($0.36) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.29). Resource Capital had a net margin of 63.00% and a negative return on equity of 1.23%. The firm had revenue of $10.30 million during the quarter, compared to analyst estimates of $9.34 million. The firm’s revenue for the quarter was down 28.0% compared to the same quarter last year. equities analysts predict that Resource Capital will post -0.7 EPS for the current year.

In related news, Director Jeffrey P. Cohen purchased 3,000 shares of Resource Capital stock in a transaction that occurred on Monday, November 6th. The shares were acquired at an average price of $9.90 per share, with a total value of $29,700.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have purchased 10,805 shares of company stock worth $104,798 in the last three months. 4.82% of the stock is currently owned by company insiders.

A number of large investors have recently modified their holdings of the stock. Forward Management LLC grew its position in Resource Capital by 2.8% during the second quarter. Forward Management LLC now owns 1,435,600 shares of the real estate investment trust’s stock worth $14,600,000 after buying an additional 39,594 shares in the last quarter. Vivaldi Asset Management LLC grew its position in Resource Capital by 19.7% during the third quarter. Vivaldi Asset Management LLC now owns 1,359,095 shares of the real estate investment trust’s stock worth $14,651,000 after buying an additional 223,753 shares in the last quarter. State Street Corp grew its position in Resource Capital by 3.9% during the second quarter. State Street Corp now owns 614,862 shares of the real estate investment trust’s stock worth $6,253,000 after buying an additional 23,228 shares in the last quarter. Kennedy Capital Management Inc. grew its position in Resource Capital by 119.8% during the second quarter. Kennedy Capital Management Inc. now owns 575,246 shares of the real estate investment trust’s stock worth $5,850,000 after buying an additional 313,581 shares in the last quarter. Finally, Tahithromos L.L.C. grew its position in Resource Capital by 7.9% during the third quarter. Tahithromos L.L.C. now owns 455,088 shares of the real estate investment trust’s stock worth $4,906,000 after buying an additional 33,187 shares in the last quarter. 50.02% of the stock is currently owned by institutional investors and hedge funds.

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About Resource Capital

Resource Capital Corp. is a real estate finance company. The Company operates through four segments: Commercial Real Estate Debt Investments, Commercial Finance, Residential Mortgage Lending and Corporate & Other. The Commercial Real Estate Debt Investments segment includes the Company’s activities and operations related to commercial real estate loans, commercial real estate-related securities and investments in real estate.

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