Hatteras Financial Corp. (HTS) : Penn Mutual Life Insurance Co scooped up 35,000 additional shares in Hatteras Financial Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 9, 2016. The investment management firm now holds a total of 351,000 shares of Hatteras Financial Corp. which is valued at $5,812,560.Hatteras Financial Corp. makes up approximately 5.29% of Penn Mutual Life Insurance Co’s portfolio.
Other Hedge Funds, Including , Nine Chapters Capital Management boosted its stake in HTS in the latest quarter, The investment management firm added 18,900 additional shares and now holds a total of 48,300 shares of Hatteras Financial Corp. which is valued at $799,848. Hatteras Financial Corp. makes up approx 0.07% of Nine Chapters Capital Management’s portfolio.Schwab Charles Investment Management Inc boosted its stake in HTS in the latest quarter, The investment management firm added 34,024 additional shares and now holds a total of 483,902 shares of Hatteras Financial Corp. which is valued at $7,902,120. Hatteras Financial Corp. makes up approx 0.01% of Schwab Charles Investment Management Inc’s portfolio.Ifp Advisors Inc boosted its stake in HTS in the latest quarter, The investment management firm added 640 additional shares and now holds a total of 7,257 shares of Hatteras Financial Corp. which is valued at $118,507. Hatteras Financial Corp. makes up approx 0.01% of Ifp Advisors Inc’s portfolio.Commonwealth Equity Services Inc reduced its stake in HTS by selling 39 shares or 0.34% in the most recent quarter. The Hedge Fund company now holds 11,531 shares of HTS which is valued at $183,228.
Hatteras Financial Corp. closed down -0.05 points or -0.30% at $16.56 with 5,60,256 shares getting traded on Friday. Post opening the session at $16.59, the shares hit an intraday low of $16.515 and an intraday high of $16.65 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Hatteras Financial Corp. reported $0.45 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 16, 2016. Analyst had a consensus of $0.44.Analysts expectations of $ 52.08.During the same quarter in the previous year, the company posted $0.59 EPS.
Many Wall Street Analysts have commented on Hatteras Financial Corp.. Hatteras Financial Corp. was Downgraded by Ladenburg Thalmann to ” Neutral” on Apr 12, 2016. Shares were Reiterated by Deutsche Bank on Apr 12, 2016 to “Hold” and Lowered the Price Target to $ 15.85 from a previous price target of $17.50 .Shares were Reiterated by Compass Point on Feb 18, 2016 to “Neutral” and Lowered the Price Target to $ 16.50 from a previous price target of $18 .
Hatteras Financial Corp. is an externally managed mortgage real estate investment trust (REIT) that invests primarily in single-family residential mortgage real estate assets such as mortgage-backed security (MBS) and other financial assets. MBS are pass-through securities consisting of a pool of mortgage loans. The Company invests in both adjustable-rate and fixed-rate MBS. Adjustable rate mortgages (ARMs) are mortgage loans that have floating interest rates. All of its fixed-rate MBS are 10-year and 15-year amortizing fixed-rate securities. The Company has primarily invested in MBS issued or guaranteed by the United States Government agency such as Ginnie Mae or by the United States Government-sponsored enterprise such as Fannie Mae or Freddie Mac. The Company is externally managed and advised by its manager Atlantic Capital Advisors LLC (ACA).