November 29, 2016 - By olga
Thomas Capasse, Chief Executive Officer of Sutherland Asset Management Corp, in an insider legal trading transaction took 16,043 shares whose sum is estimated to be $208,915 at average stock price of $13.0. Thomas Capasse currently owns 269,764 shares or 0.86% of the company’s market capitalization.
Insitutional Activity: The institutional sentiment decreased to 0.68 in Q2 2016. Its down 0.26, from 0.94 in 2016Q1. The ratio is negative, as 7 funds sold all Sutherland Asset Management Corp shares owned while 10 reduced positions. 4 funds bought stakes while 12 increased positions. They now own 2.85 million shares or 3.14% more from 2.76 million shares in 2016Q1.
Geode Cap Limited accumulated 29,731 shares or 0% of the stock. Price T Rowe Assoc Incorporated Md last reported 22,096 shares in the company. Yorktown Management Research reported 365,000 shares or 1.14% of all its holdings. Creative Planning has 284 shares for 0% of their US portfolio. Kerrisdale Advisers Llc holds 135,726 shares or 0.3% of its portfolio. Jpmorgan Chase Communication owns 1,318 shares or 0% of their US portfolio. Renaissance Ltd Llc last reported 184,600 shares in the company. The New York-based State Bank Of New York Mellon has invested 0% in Sutherland Asset Management Corp (NYSE:SLD). West Family Investments has 377,284 shares for 0.94% of their US portfolio. Vanguard Incorporated last reported 366,135 shares in the company. Invesco Ltd holds 0% or 14,794 shares in its portfolio. Denali Ltd Liability Com has invested 0% of its portfolio in Sutherland Asset Management Corp (NYSE:SLD). The Massachusetts-based Weiss Asset Management Lp has invested 0.14% in Sutherland Asset Management Corp (NYSE:SLD). Credit Suisse Ag last reported 0% of its portfolio in the stock. Ladenburg Thalmann Svcs Incorporated holds 0.01% or 45,348 shares in its portfolio.
The stock increased 0.77% or $0.1 on November 29, hitting $13.15. About 24,831 shares traded hands. Sutherland Asset Management Corp (NYSE:SLD) has declined 10.98% since April 26, 2016 and is downtrending. It has underperformed by 16.24% the S&P500.
Sutherland Asset Management Corporation, formerly ZAIS Financial Corp., is a diversified mortgage real estate investment trust . The company has a market cap of $404.69 million. The Firm originates, acquires, finances, services and manages small balance commercial loans (SBC) and Small Business Administration (SBA) loans. It currently has negative earnings. The Firm focuses on maintaining its existing residential mortgage origination platform, GMFS.
According to Zacks Investment Research, “Sutherland Asset Management Corporation is a commercial mortgage REIT. The company is a real estate finance company which acquires, originates, manages, services and finances primarily small balance commercial loans. It also invests in asset-backed securities and other real estate-related investments. Sutherland Asset Management Corporation, formerly known as ZAIS Financial Corp., is based in New York.”
Analysts await Sutherland Asset Management Corp (NYSE:SLD) to report earnings on March, 8. They expect $0.32 EPS, up 300.00% or $0.24 from last year’s $0.08 per share. SLD’s profit will be $9.85M for 10.27 P/E if the $0.32 EPS becomes a reality. After $0.46 actual EPS reported by Sutherland Asset Management Corp for the previous quarter, Wall Street now forecasts -30.43% negative EPS growth.
More notable recent Sutherland Asset Management Corp (NYSE:SLD) news were published by: Prnewswire.com which released: “Sutherland Asset Management Corporation Announces Third Quarter 2016 Results” on November 22, 2016, also Prnewswire.com with their article: “Sutherland Asset Management Corporation Announces Date For Third Quarter 2016 ..” published on November 18, 2016, Prnewswire.com published: “Sutherland Asset Management Corporation Announces Closing Of Merger Of ..” on October 31, 2016. More interesting news about Sutherland Asset Management Corp (NYSE:SLD) were released by: Prnewswire.com and their article: “ZAIS Financial Corp. And Sutherland Asset Management Corp. Announce Final ..” published on September 12, 2016 as well as Prnewswire.com‘s news article titled: “ZAIS Financial Corp. And Sutherland Asset Management Corp. Announce ..” with publication date: September 27, 2016.
Sutherland Asset Management Corporation, formerly ZAIS Financial Corp., is a diversified mortgage real estate investment trust (REIT). The Firm originates, acquires, finances, services and manages small balance commercial loans (SBC) and Small Business Administration (SBA) loans.
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