Notable Price Action: Will Five Oaks Investment Corp Go Down Anytime Soon?

Notable Price Action: Will Five Oaks Investment Corp Go Down Anytime Soon?

The stock of Five Oaks Investment Corp (NYSE:OAKS) is a huge mover today! About 325,076 shares traded hands or 252.36% up from the average. Five Oaks Investment Corp (NYSE:OAKS) has declined 2.30% since April 14, 2016 and is downtrending. It has underperformed by 6.99% the S&P500.
The move comes after 7 months positive chart setup for the $90.17 million company. It was reported on Nov, 16 by Barchart.com. We have $16.03 PT which if reached, will make NYSE:OAKS worth $148.78M more.

Five Oaks Investment Corp (NYSE:OAKS) Ratings Coverage

Out of 2 analysts covering Five Oaks Investment Corp (NYSE:OAKS), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Five Oaks Investment Corp has been the topic of 3 analyst reports since August 12, 2015 according to StockzIntelligence Inc.

According to Zacks Investment Research, “Five Oaks Investment Corp. is a real estate investment trust. The company is focused on investing, financing and managing both agency and non-agency residential mortgage-backed securities, residential mortgage loans and other mortgage related investments. Five Oaks Investment Corp. is based in New York, United States.”

Insitutional Activity: The institutional sentiment increased to 1.17 in 2016 Q2. Its up 0.02, from 1.15 in 2016Q1. The ratio is positive, as 4 funds sold all Five Oaks Investment Corp shares owned while 8 reduced positions. 5 funds bought stakes while 9 increased positions. They now own 2.55 million shares or 7.86% less from 2.77 million shares in 2016Q1.
Moreover, Fmr Llc has 0% invested in Five Oaks Investment Corp (NYSE:OAKS) for 497,700 shares. Alpine Woods Capital Ltd owns 15,000 shares or 0% of their US portfolio. Price T Rowe Assocs Md accumulated 26,500 shares or 0% of the stock. Barclays Public Ltd has invested 0% of its portfolio in Five Oaks Investment Corp (NYSE:OAKS). Deprince Race And Zollo Incorporated reported 42,000 shares or 0% of all its holdings. Vanguard Group Inc Inc owns 628,511 shares or 0% of their US portfolio. Wells Fargo & Co Mn holds 0% or 1,501 shares in its portfolio. Invesco reported 30,723 shares or 0% of all its holdings. Mackenzie Financial reported 30,897 shares or 0% of all its holdings. Renaissance Tech Ltd Company last reported 506,810 shares in the company. Moreover, National Bank & Trust Of New York Mellon has 0% invested in Five Oaks Investment Corp (NYSE:OAKS) for 22,461 shares. Deutsche National Bank & Trust Ag owns 11,509 shares or 0% of their US portfolio. Wolverine Asset Mgmt Llc last reported 70,564 shares in the company. Grp One Trading L P holds 1,219 shares or 0% of its portfolio. Blackrock Institutional Trust Na accumulated 76,559 shares or 0% of the stock.

More notable recent Five Oaks Investment Corp (NYSE:OAKS) news were published by: Prnewswire.com which released: “Five Oaks Investment Corp. Reports Third Quarter 2016 Financial Results” on November 09, 2016, also Prnewswire.com with their article: “Five Oaks Investment Corp. Announcements” published on December 16, 2015, Thestreet.com published: “Why Five Oaks Investment Corp (OAKS) Stock Is Down Today” on June 19, 2014. More interesting news about Five Oaks Investment Corp (NYSE:OAKS) were released by: Prnewswire.com and their article: “Five Oaks Investment Corp. Announces Second Quarter 2016 Common Stock Dividend …” published on March 16, 2016 as well as Quotes.Wsj.com‘s news article titled: “News Five Oaks Investment Corp.OAKS” with publication date: March 22, 2013.

OAKS Company Profile

Five Oaks Investment Corp., incorporated on March 28, 2012, is a real estate investment trust. The Firm 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 Firm 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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