Five Oaks Investment Corp (NYSE:OAKS) has earned an average broker rating score of 2.00 (Buy) from the two analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company. Five Oaks Investment’s rating score has improved by 33.3% from 90 days ago as a result of a number of analysts’ ratings changes.
Brokers have set a 1-year consensus target price of $5.00 for the company, according to Zacks. Zacks has also assigned Five Oaks Investment an industry rank of 221 out of 265 based on the ratings given to its competitors.
A number of equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Five Oaks Investment from a “sell” rating to a “buy” rating and set a $4.75 price target on the stock in a research report on Wednesday, December 13th. Ladenburg Thalmann Financial Services raised shares of Five Oaks Investment from a “neutral” rating to a “buy” rating in a research report on Friday, January 19th.
Large investors have recently modified their holdings of the stock. Virtu KCG Holdings LLC acquired a new stake in shares of Five Oaks Investment during the second quarter worth $108,000. Citadel Advisors LLC acquired a new stake in shares of Five Oaks Investment during the fourth quarter worth $126,000. Virtu Financial LLC acquired a new stake in shares of Five Oaks Investment during the fourth quarter worth $139,000. Two Sigma Investments LP acquired a new stake in shares of Five Oaks Investment during the fourth quarter worth $210,000. Finally, Rational Advisors LLC raised its holdings in shares of Five Oaks Investment by 39.2% during the fourth quarter. Rational Advisors LLC now owns 134,600 shares of the real estate investment trust’s stock worth $539,000 after acquiring an additional 37,900 shares during the period. Institutional investors and hedge funds own 33.14% of the company’s stock.
Shares of Five Oaks Investment (NYSE:OAKS) traded down $0.04 during midday trading on Wednesday, hitting $3.25. 122,701 shares of the stock were exchanged, compared to its average volume of 376,936. The company has a market capitalization of $71.52, a PE ratio of 8.13 and a beta of 1.08. Five Oaks Investment has a 52 week low of $3.02 and a 52 week high of $5.61. The company has a current ratio of 216.96, a quick ratio of 216.96 and a debt-to-equity ratio of 21.93.
The company also recently declared a monthly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 15th will be given a dividend of $0.0333 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 12.30%. Five Oaks Investment’s dividend payout ratio is 100.00%.
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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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