Talkot Capital Lowers stake in Hatteras Financial Corp. (HTS)

Hatteras Financial Corp. (HTS) : Talkot Capital reduced its stake in Hatteras Financial Corp. by 31.47% during the most recent quarter end. The investment management company now holds a total of 180,000 shares of Hatteras Financial Corp. which is valued at $3 Million after selling 82,675 shares in Hatteras Financial Corp. , the firm said in a disclosure report filed with the SEC on May 13, 2016.Hatteras Financial Corp. makes up approximately 4.37% of Talkot Capital’s portfolio.

Other Hedge Funds, Including , Artisan Partners Limited Partnership reduced its stake in HTS by selling 839,362 shares or 14.34% in the most recent quarter. The Hedge Fund company now holds 5,014,357 shares of HTS which is valued at $83 Million. Hatteras Financial Corp. makes up approx 0.17% of Artisan Partners Limited Partnership’s portfolio.Raymond James Associates reduced its stake in HTS by selling 86,427 shares or 86.05% in the most recent quarter. The Hedge Fund company now holds 14,007 shares of HTS which is valued at $231,956.Blackrock Institutional Trust Company N.a. boosted its stake in HTS in the latest quarter, The investment management firm added 15,531 additional shares and now holds a total of 2,299,057 shares of Hatteras Financial Corp. which is valued at $38.1 Million. Hatteras Financial Corp. makes up approx 0.01% of Blackrock Institutional Trust Company N.a.’s portfolio.Stephens Inc Ar boosted its stake in HTS in the latest quarter, The investment management firm added 2,015 additional shares and now holds a total of 12,854 shares of Hatteras Financial Corp. which is valued at $209,906. Hatteras Financial Corp. makes up approx 0.01% of Stephens Inc Ar’s portfolio.

Hatteras Financial Corp. closed down -0.04 points or -0.25% at $16.18 with 13,82,630 shares getting traded on Wednesday. Post opening the session at $16.22, the shares hit an intraday low of $16.09 and an intraday high of $16.25 and the price fluctuated in this range throughout the day.Shares ended Wednesday 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).

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