ZAIS Financial Corp (ZFC) : West Family Investments scooped up 34,116 additional shares in ZAIS Financial Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 377,284 shares of ZAIS Financial Corp which is valued at $5.4 Million.ZAIS Financial Corp makes up approximately 1.05% of West Family Investments’s portfolio.
Other Hedge Funds, Including , Bb&t Securities reduced its stake in ZFC by selling 11,850 shares or 15.17% in the most recent quarter. The Hedge Fund company now holds 66,250 shares of ZFC which is valued at $948,038. ZAIS Financial Corp makes up approx 0.02% of Bb&t Securities’s portfolio.Blackrock Investment Management reduced its stake in ZFC by selling 85 shares or 6.17% in the most recent quarter. The Hedge Fund company now holds 1,293 shares of ZFC which is valued at $18,503. Hilton Capital Management added ZFC to its portfolio by purchasing 16,000 company shares during the most recent quarter which is valued at $231,200. ZAIS Financial Corp makes up approx 0.08% of Hilton Capital Management’s portfolio.State Of New Jersey Common Pension Fund D reduced its stake in ZFC by selling 135,000 shares or 35.53% in the most recent quarter. The Hedge Fund company now holds 245,000 shares of ZFC which is valued at $3.6 Million. ZAIS Financial Corp makes up approx 0.02% of State Of New Jersey Common Pension Fund D’s portfolio.
ZAIS Financial Corp opened for trading at $14.26 and hit $14.42 on the upside on Friday, eventually ending the session at $14.41, with a gain of 1.41% or 0.2 points. The heightened volatility saw the trading volume jump to 23,369 shares. Company has a market cap of $114,862 M.
Many Wall Street Analysts have commented on ZAIS Financial Corp. ZAIS Financial Corp was Downgraded by JMP Securities to ” Mkt Perform” on Mar 11, 2016.
ZAIS Financial Corp. is a real estate investment trust (REIT) that originates acquires finances sells services and manages residential mortgage loans. The Company operates through two business segments: residential mortgage loan investments and residential mortgage banking. The residential mortgage loan investments segment includes a portfolio of mortgage loans which were distressed re-performing or newly originated. The residential mortgage banking segment relates to the operations of its subsidiary GMFS LLC which originates mortgage loans for subsequent sale as whole loans either servicing retained or released. Its objective is to provide risk-adjusted returns to its stockholders primarily through quarterly distributions and secondarily through capital appreciation. Its target assets include residential mortgage loans; Non-Agency residential mortgage-backed securities; mortgage servicing rights; Agency RMBS and other real estate-related and financial assets.