Los Angeles Capital Management & Equity Research Inc. Has $1.15 Million Holdings in Exantas Capital Corp (XAN)

Los Angeles Capital Management & Equity Research Inc. raised its position in Exantas Capital Corp (NYSE:XAN) by 56.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 114,256 shares of the company’s stock after buying an additional 41,301 shares during the period. Los Angeles Capital Management & Equity Research Inc. owned 0.36% of Exantas Capital worth $1,145,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. boosted its holdings in Exantas Capital by 7.3% in the 3rd quarter. BlackRock Inc. now owns 3,077,344 shares of the company’s stock valued at $33,789,000 after purchasing an additional 208,387 shares during the period. Vanguard Group Inc. boosted its holdings in Exantas Capital by 15.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,899,504 shares of the company’s stock valued at $20,857,000 after purchasing an additional 252,230 shares during the period. Vanguard Group Inc boosted its holdings in Exantas Capital by 15.3% in the 3rd quarter. Vanguard Group Inc now owns 1,899,504 shares of the company’s stock valued at $20,857,000 after purchasing an additional 252,230 shares during the period. Acadian Asset Management LLC boosted its holdings in Exantas Capital by 9.6% in the 4th quarter. Acadian Asset Management LLC now owns 1,057,501 shares of the company’s stock valued at $10,593,000 after purchasing an additional 92,682 shares during the period. Finally, Ancora Advisors LLC boosted its holdings in Exantas Capital by 1.9% in the 3rd quarter. Ancora Advisors LLC now owns 643,963 shares of the company’s stock valued at $7,070,000 after purchasing an additional 12,063 shares during the period. Hedge funds and other institutional investors own 65.70% of the company’s stock.

NYSE XAN opened at $10.63 on Monday. Exantas Capital Corp has a 52-week low of $8.92 and a 52-week high of $12.09. The company has a quick ratio of 90.57, a current ratio of 90.57 and a debt-to-equity ratio of 2.54. The firm has a market cap of $343.21 million, a PE ratio of 14.97 and a beta of 0.78.

Several brokerages have commented on XAN. ValuEngine downgraded shares of Exantas Capital from a “buy” rating to a “hold” rating in a report on Friday, March 1st. Zacks Investment Research downgraded shares of Exantas Capital from a “hold” rating to a “sell” rating in a report on Saturday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $12.63.

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About Exantas Capital

Exantas Capital Corp. engages in the provision of real estate finance services. It focuses on originating, holding and managing commercial mortgage loans, and commercial real estate-related debt investments. The company was founded in 2005 and is headquartered in New York, NY.

Further Reading: Momentum Investing

Institutional Ownership by Quarter for Exantas Capital (NYSE:XAN)

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