New Residential Investment Corp Just Recorded A Sigfniciant Bullish Options Activity

 New Residential Investment Corp Just Recorded A Sigfniciant Bullish Options Activity

In today’s session New Residential Investment Corp (NRZ) registered an unusually high (1,312) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the May, 2017 call, expecting serious NRZ increase. With 1,312 contracts traded and 5044 open interest for the May, 17 contract, it seems this is a quite bullish bet. The option with symbol: NRZ170519C00015000 closed last at: $0.35 or 0% . New Residential Investment Corp (NYSE:NRZ) has risen 18.92% since March 31, 2016 and is uptrending. It has outperformed by 16.39% the S&P500.

New Residential Investment Corp (NYSE:NRZ) Ratings Coverage

Out of 7 analysts covering New Residential Investment Corp (NYSE:NRZ), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. $17 is the highest target while $15 is the lowest. The $15.88 average target is 14.08% above today’s ($13.92) stock price. New Residential Investment Corp has been the topic of 10 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating by Barclays Capital given on Wednesday, August 10. The firm has “Overweight” rating by Piper Jaffray given on Monday, October 19. The stock of New Residential Investment Corp (NYSE:NRZ) has “Outperform” rating given on Thursday, February 25 by FBR Capital. Piper Jaffray reinitiated New Residential Investment Corp (NYSE:NRZ) on Friday, September 9 with “Overweight” rating. Zacks upgraded the shares of NRZ in a report on Wednesday, August 12 to “Sell” rating. The firm earned “Mkt Outperform” rating on Wednesday, December 23 by JMP Securities. The rating was initiated by Nomura on Wednesday, October 26 with “Neutral”. On Wednesday, May 18 the stock rating was downgraded by Compass Point to “Neutral”. The stock of New Residential Investment Corp (NYSE:NRZ) has “Outperform” rating given on Thursday, October 6 by Wedbush.

According to Zacks Investment Research, “New Residential Investment Corp. is a real estate investment trust. It focuses on investing in, and actively managing, investments related to residential real estate. The Company primarily target investments in excess mortgage servicing rights, residential mortgage backed securities, residential mortgage loans and other related investments. New Residential Investment Corp. is based in New York.”

Insitutional Activity: The institutional sentiment decreased to 0.92 in Q2 2016. Its down 0.04, from 0.96 in 2016Q1. The ratio is negative, as 38 funds sold all New Residential Investment Corp shares owned while 66 reduced positions. 28 funds bought stakes while 68 increased positions. They now own 127.17 million shares or 8.82% less from 139.48 million shares in 2016Q1.
The Hawaii-based Commercial Bank Of Hawaii has invested 0.02% in New Residential Investment Corp (NYSE:NRZ). Whittier Tru owns 3,335 shares or 0% of their US portfolio. Johnson Financial Group last reported 0.01% of its portfolio in the stock. Cambridge Investment Research reported 88,254 shares or 0.03% of all its holdings. The Florida-based State Board Of Administration Of Florida Retirement Systems has invested 0% in New Residential Investment Corp (NYSE:NRZ). Pitcairn holds 0.06% or 36,441 shares in its portfolio. Berson & Corrado Limited Liability Co has 4.61% invested in the company for 513,494 shares. Los Angeles Mngmt Equity Research Inc accumulated 97,387 shares or 0.01% of the stock. Quantitative Systematic Strategies Limited Liability Corporation has invested 0.08% of its portfolio in New Residential Investment Corp (NYSE:NRZ). Quantbot Tech Limited Partnership accumulated 0.01% or 4,890 shares. The Pennsylvania-based Sei Company has invested 0% in New Residential Investment Corp (NYSE:NRZ). Bnp Paribas Arbitrage holds 0.01% of its portfolio in New Residential Investment Corp (NYSE:NRZ) for 171,107 shares. Penn Mutual Life Insur reported 149,000 shares or 1.49% of all its holdings. Fortress Investment Group Lc has invested 0.19% of its portfolio in New Residential Investment Corp (NYSE:NRZ). Jnba Fin has 0.01% invested in the company for 1,775 shares.

New Residential Investment Corp. is a real estate investment trust . The company has a market cap of $3.44 billion. The Firm is focused on investing in, and managing, investments related to residential real estate. It has a 9.49 P/E ratio. The Firm conducts its business through the divisions, which include investments in excess mortgage servicing rights (MSRs), investments in servicer advances, investments in real estate securities, investments in real estate loans, investments in consumer loans and corporate.

NRZ Company Profile

New Residential Investment Corp., incorporated on September 26, 2011, is a real estate investment trust (REIT). The Firm is focused on investing in, and managing, investments related to residential real estate. The Firm conducts its business through the divisions, which include investments in excess mortgage servicing rights (MSRs), investments in servicer advances, investments in real estate securities, investments in real estate loans, investments in consumer loans and corporate. The Company’s portfolio is composed of servicing related assets, residential securities and loans, and other investments.

More news for New Residential Investment Corp (NYSE:NRZ) were recently published by: Seekingalpha.com, which released: “Analyze New Residential Investment Corp. As An Investment” on October 11, 2016. Businesswire.com‘s article titled: “New Residential Announces Third Quarter 2016 Results” and published on November 02, 2016 is yet another important article.

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