Newcastle Investment Corporation (NYSE:NCT) is expected to pay $0.12 on Oct 31, 2016. The indicated annual dividend is $0.48. Shareholders owning the stock before Oct 20, 2016 will be eligible to receive the payout. Based on Newcastle Investment Corporation’s current price of $4.41, the dividend is 2.72%. This dividend’s record date is Oct 24, 2016 and the announcement date is Oct 14, 2016. The stock decreased 1.34% or $0.06 on October 7, hitting $4.41. Newcastle Investment Corp. (NYSE:NCT) has risen 11.71% since March 16, 2016 and is uptrending. It has outperformed by 6.16% the S&P500.
Newcastle Investment Corp. is a real estate investment trust (REIT). The company has a market cap of $293.65 million. The Firm focuses on investing in, and managing, a range of real estate related and other investments. It has a 4.03 P/E ratio. The Company’s divisions include debt investments financed with collateralized debt obligations (CDOs), other debt investments (Other Debt), investment in golf properties and facilities (Golf) and corporate.
Insitutional Activity: The institutional sentiment decreased to 0.65 in Q2 2016. Its down 0.38, from 1.03 in 2016Q1. The ratio is negative, as 18 funds sold all Newcastle Investment Corp. shares owned while 30 reduced positions. 10 funds bought stakes while 21 increased positions. They now own 26.35 million shares or 1.18% less from 26.66 million shares in 2016Q1.
Nelson Van Denburg Campbell Wealth Gru Ltd Com holds 232 shares or 0% of its portfolio. Teacher Retirement Of Texas last reported 8,373 shares in the company. Blackrock Fund Advsr reported 1.52M shares or 0% of all its holdings. Omers Administration has 25,800 shares for 0% of their US portfolio. Price T Rowe Associate Incorporated Md owns 55,150 shares or 0% of their US portfolio. Blackrock Advsrs Lc holds 0% or 11,272 shares in its portfolio. Css Lc Il accumulated 0% or 14,549 shares. Guggenheim Capital Ltd last reported 167,695 shares in the company. Fifth Third State Bank accumulated 0% or 30 shares. Swiss Fincl Bank holds 0% or 97,216 shares in its portfolio. Cooper Creek Partners Mgmt Limited Liability has invested 8.03% of its portfolio in Newcastle Investment Corp. (NYSE:NCT). Natl Bank Of Montreal Can last reported 0% of its portfolio in the stock. Fortress Investment Group Incorporated Ltd Llc holds 0.02% or 172,848 shares in its portfolio. State Bank Of America Corp De has 16,284 shares for 0% of their US portfolio. Tower Ltd Co (Trc) accumulated 900 shares or 0% of the stock.
More recent Newcastle Investment Corp. (NYSE:NCT) news were published by: Marketwatch.com which released: “Newcastle Investment Corp.” on December 22, 2009. Also Seekingalpha.com published the news titled: “Time To Lock And Load For Newcastle Investment Corporation” on September 27, 2016. Nasdaq.com‘s news article titled: “Newcastle Investment Corp. Bottom Line Drops 60% In Q2” with publication date: August 09, 2016 was also an interesting one.
NCT Company Profile
Newcastle Investment Corp. (Newcastle), incorporated on June 6, 2002, is a real estate investment trust (REIT). The Firm focuses on investing in, and managing, a range of real estate related and other investments. The Company’s divisions include debt investments financed with collateralized debt obligations (CDOs), other debt investments (Other Debt), investment in golf properties and facilities (Golf) and corporate. The Firm is externally managed and advised by an affiliate of Fortress Investment Group LLC (Fortress) (the Manager). The Firm invests in real estate related debt and golf related real estate and operations. The Company’s investments are primarily secured by or related to commercial real estate.
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