Two Sigma Investments LP purchased a new stake in Five Oaks Investment Corp (NYSE:OAKS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 60,691 shares of the real estate investment trust’s stock, valued at approximately $302,000. Two Sigma Investments LP owned approximately 0.42% of Five Oaks Investment Corp as of its most recent filing with the SEC.
Separately, Whitebox Advisors LLC boosted its position in Five Oaks Investment Corp by 840.3% in the third quarter. Whitebox Advisors LLC now owns 111,900 shares of the real estate investment trust’s stock valued at $636,000 after buying an additional 100,000 shares during the last quarter. Hedge funds and other institutional investors own 16.34% of the company’s stock.
Shares of Five Oaks Investment Corp (NYSE:OAKS) traded up 0.3888% during trading on Thursday, reaching $5.3708. The company had a trading volume of 68,095 shares. Five Oaks Investment Corp has a 1-year low of $4.52 and a 1-year high of $6.22. The company’s 50 day moving average is $5.11 and its 200-day moving average is $5.22. The stock’s market capitalization is $94.20 million.
Five Oaks Investment Corp (NYSE:OAKS) last released its earnings results on Thursday, March 16th. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by $0.01. Five Oaks Investment Corp had a negative net margin of 16.65% and a positive return on equity of 11.27%. The company earned $5.90 million during the quarter. On average, equities research analysts anticipate that Five Oaks Investment Corp will post $0.83 earnings per share for the current year.
The company also recently announced a monthly dividend, which will be paid on Thursday, April 27th. Stockholders of record on Monday, April 17th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, April 12th. This represents a $0.60 annualized dividend and a dividend yield of 11.21%. Five Oaks Investment Corp’s dividend payout ratio (DPR) is presently -44.78%.
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Separately, JMP Securities cut Five Oaks Investment Corp from a “mkt outperform” rating to a “market perform” rating in a report on Thursday, March 30th.
Five Oaks Investment Corp Company Profile
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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