Resource Capital Corp. (RSO): Jeffrey D Blomstrom , Senior Vice President of Resource Capital Corp. sold 14,721 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $12.58 per share for a total value of $185,207.84 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 15, 2016, David E Bloom (Senior Vice President) sold 9,250 shares at $10.94 per share price.On Dec 16, 2015, David J Bryant (CFO) purchased 2,000 shares at $15.70 per share price.Also, On Nov 12, 2015, Eldron C Blackwell (VP & CAO) purchased 175 shares at $11.97 per share price.On Sep 1, 2015, Steven J Kessler (director other) purchased 10,000 shares at $3.14 per share price.
Resource Capital Corp.: On Monday, May 16, 2016 heightened volatility was witnessed in Resource Capital Corp. which led to swings in the share price. The shares opened for trading at $12.47 and hit $12.71 on the upside , eventually ending the session at $12.58, with a gain of 0.88% or 0.11 points. The heightened volatility saw the trading volume jump to 1,32,947 shares. The 52-week high of the share price is $17.58 and the company has a market cap of $392 M . The 52-week low of the share price is at $8.39.
Company has been under the radar of several Street Analysts.Resource Capital Corp. is Reiterated by Deutsche Bank to Hold while Lowering the Price Target of the company shares to $ 14 from a previous price target of $16 . The Rating was issued on Mar 29, 2016.Resource Capital Corp. is Downgraded by JMP Securities to Mkt Perform. Earlier the firm had a rating of Mkt Outperform on the company shares. The Rating was issued on Mar 9, 2016.Resource Capital Corp. is Reiterated by FBR Capital to Outperform while Lowering the Price Target of the company shares to $ 13 from a previous price target of $14 . The Rating was issued on Mar 2, 2016.
Resource Capital Corp. is a real estate finance Company. The Company invests in asset classes which include commercial real estate-related assets residential real estate-related assets and commercial finance assets. Its commercial real estate-related assets include loans interests in mortgage loans Mezzanine debt related to commercial real estate commercial mortgage-backed securities and commercial real estate. Its residential real estate-related assets include residential mortgage loans and securities. Its commercial finance assets include senior secured corporate loans asset-backed securities debt tranches of collateralized debt obligations and collateralized loan obligations structured note investments middle-market secured corporate loans and preferred equity investments. The Company is externally managed by Resource Capital Manager Inc. or the Manager an indirect wholly-owned subsidiary of Resource America Inc.