As New Residential Invt Corp (NRZ) Market Valuation Declined, Chicago Equity Partners LLC Has Upped Holding by $10.53 Million

January 14, 2018 - By Jacob Falcon

Investors sentiment increased to 1.4 in 2017 Q3. Its up 0.28, from 1.12 in 2017Q2. It is positive, as 31 investors sold NRZ shares while 67 reduced holdings. 37 funds opened positions while 100 raised stakes. 143.66 million shares or 1.96% more from 140.89 million shares in 2017Q2 were reported. Atlantic Trust Gru Lc owns 482,368 shares. State Of Wisconsin Invest Board holds 62,498 shares or 0% of its portfolio. Price T Rowe Assoc Incorporated Md holds 118,075 shares or 0% of its portfolio. Comerica Bank & Trust invested in 12,483 shares or 0% of the stock. Suntrust Banks holds 0.01% or 58,826 shares. Robeco Institutional Asset Mgmt Bv stated it has 0% of its portfolio in New Residential Investment Corp. (NYSE:NRZ). Tiaa Cref Mgmt Ltd Liability Company accumulated 0.01% or 1.02 million shares. Profund Advsrs invested 0.01% in New Residential Investment Corp. (NYSE:NRZ). Salem Counselors Inc holds 0% or 500 shares in its portfolio. Moreover, Wellington Shields Capital Management Limited Liability Corp has 0.03% invested in New Residential Investment Corp. (NYSE:NRZ) for 15,150 shares. Van Eck Corp, a New York-based fund reported 453,323 shares. Northern Tru Corp stated it has 0.01% of its portfolio in New Residential Investment Corp. (NYSE:NRZ). Ameriprise Inc stated it has 0% in New Residential Investment Corp. (NYSE:NRZ). Moreover, Utah Retirement has 0.02% invested in New Residential Investment Corp. (NYSE:NRZ) for 56,246 shares. Glenmede Na has invested 0% in New Residential Investment Corp. (NYSE:NRZ).

Chicago Equity Partners Llc increased its stake in New Residential Invt Corp (NRZ) by 166.57% based on its latest 2017Q3 regulatory filing with the SEC. Chicago Equity Partners Llc bought 658,360 shares as the company’s stock declined 0.74% while stock markets rallied. The institutional investor held 1.05 million shares of the real estate investment trusts company at the end of 2017Q3, valued at $17.63M, up from 395,250 at the end of the previous reported quarter. Chicago Equity Partners Llc who had been investing in New Residential Invt Corp for a number of months, seems to be bullish on the $5.45 billion market cap company. It closed at $17.74 lastly. It is down 22.04% since January 14, 2017 and is uptrending. It has outperformed by 5.34% the S&P500.

Chicago Equity Partners Llc, which manages about $10.49B and $3.16 billion US Long portfolio, decreased its stake in Celgene Corp (NASDAQ:CELG) by 27,875 shares to 63,865 shares, valued at $9.31 million in 2017Q3, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 496,405 shares in the quarter, leaving it with 562,142 shares, and cut its stake in At&T Inc (NYSE:T).

Another recent and important New Residential Investment Corp. (NYSE:NRZ) news was published by Nasdaq.com which published an article titled: “New Residential Investment Reaches Analyst Target Price” on December 18, 2017.

New Residential Investment Corp. (NYSE:NRZ) Ratings Coverage

Among 8 analysts covering New Residential Investment Corp (NYSE:NRZ), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. New Residential Investment Corp had 22 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Tuesday, June 6 by Keefe Bruyette & Woods. On Friday, September 9 the stock rating was reinitiated by Piper Jaffray with “Overweight”. The rating was initiated by Nomura with “Neutral” on Wednesday, October 26. Piper Jaffray maintained the shares of NRZ in report on Thursday, November 30 with “Buy” rating. The firm has “Overweight” rating by Piper Jaffray given on Monday, October 19. The rating was maintained by Piper Jaffray with “Buy” on Sunday, August 27. FBR Capital maintained New Residential Investment Corp. (NYSE:NRZ) rating on Wednesday, February 22. FBR Capital has “Outperform” rating and $17.50 target. Keefe Bruyette & Woods maintained New Residential Investment Corp. (NYSE:NRZ) on Tuesday, September 12 with “Buy” rating. On Thursday, October 26 the stock rating was maintained by Piper Jaffray with “Buy”. FBR Capital maintained the stock with “Buy” rating in Wednesday, November 29 report.

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