Five Oaks Investment (OAKS) Rating Increased to Buy at Ladenburg Thalmann Financial Services

Five Oaks Investment (NYSE:OAKS) was upgraded by stock analysts at Ladenburg Thalmann Financial Services from a “neutral” rating to a “buy” rating in a note issued to investors on Friday, Marketbeat Ratings reports.

Separately, Zacks Investment Research cut shares of Five Oaks Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 14th.

Five Oaks Investment (OAKS) traded down $0.25 during midday trading on Friday, reaching $3.61. 676,187 shares of the company were exchanged, compared to its average volume of 358,339. The company has a market capitalization of $79.92, a PE ratio of 9.03 and a beta of 1.48. Five Oaks Investment has a twelve month low of $3.02 and a twelve month high of $5.61. The company has a debt-to-equity ratio of 21.93, a quick ratio of 216.96 and a current ratio of 216.96.

Five Oaks Investment (NYSE:OAKS) last posted its earnings results on Monday, November 6th. The real estate investment trust reported $0.11 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.07). The business had revenue of $4.75 million during the quarter. Five Oaks Investment had a net margin of 7.08% and a return on equity of 10.57%. equities analysts predict that Five Oaks Investment will post 0.49 EPS for the current year.

In other Five Oaks Investment news, major shareholder Bermuda Ltd Xl sold 710,495 shares of the company’s stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $4.77, for a total transaction of $3,389,061.15. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.92% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently modified their holdings of OAKS. Virtu KCG Holdings LLC acquired a new position in shares of Five Oaks Investment during the second quarter worth approximately $108,000. PVG Asset Management Corp acquired a new position in shares of Five Oaks Investment during the second quarter worth approximately $657,000. Mackenzie Financial Corp lifted its position in shares of Five Oaks Investment by 68.6% during the third quarter. Mackenzie Financial Corp now owns 167,225 shares of the real estate investment trust’s stock worth $746,000 after purchasing an additional 68,050 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Five Oaks Investment by 2.0% during the second quarter. Vanguard Group Inc. now owns 805,729 shares of the real estate investment trust’s stock worth $3,932,000 after purchasing an additional 16,005 shares in the last quarter. 33.12% of the stock is currently owned by hedge funds and other institutional investors.

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About Five Oaks Investment

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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