The shares of New Residential Investment Corp. (NYSE:NRZ) has been pegged with a rating of Outperform by Raymond James in its latest research note that was published on October 5th, 2018. The research company has also assigned a $20 price target. Raymond James wasn’t the only research firm that published a report of New Residential Investment Corp., with other equities research analysts also giving their opinion on the stock. Wedbush advised investors in its research note published on January 18th, 2018, to Outperform the NRZ stock while also putting a $20 price target. The stock had earned Overweight rating from Barclays when it published its report on October 24th, 2017. That day the Barclays set price target on the stock to $19. The stock was given Neutral rating by Wedbush in its report released on June 20th, 2017, the day when the price target on the stock was placed at $16.50. FBR & Co. was of a view that NRZ is Outperform in its latest report on February 22nd, 2017 while giving it a price target of $17.50. Nomura thinks that NRZ is worth Neutral rating. This was contained in the firm’s report on October 26th, 2016.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 0 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $19.14. The price of the stock the last time has raised by 21.21% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 60.17.
The shares of the company added by 0.54% during the trading session on Thursday, reaching a low of $16.72 while ending the day at $16.80. During the trading session, a total of 3.55 million shares were traded which represents a 32.23% incline from the average session volume which is 5.24M shares. NRZ had ended its last session trading at 16.71. New Residential Investment Corp. currently has a market cap of $6.90B, while its P/E ratio stands at 5.85, while its P/E earnings growth sits at 3.08, with a beta of 1.10. New Residential Investment Corp. debt-to-equity ratio currently stands at 3.78, while its quick ratio hovers at . NRZ 52-week low price stands at $13.86 while its 52-week high price is $18.75.
The company in its last quarterly report recorded $0.58 earnings per share which is above the $0.55 predicted by most analysts. The New Residential Investment Corp. generated $266.00 million in revenue during the last quarter, which is slightly higher than the $225.23 million predicted by analysts. In the second quarter last year, the firm recorded $0.63 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -8.62%. New Residential Investment Corp. has the potential to record 2.87 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Bernstein published a research note on November 15th, 2018 where it informed investors and clients that Las Vegas Sands Corp. (NYSE:LVS) is now rated as Outperform. Wedbush also rated LVS as Upgrade on January 18th, 2018, with its price target of $24 suggesting that LVS could surge by 9.2% from its current share price. Even though the stock has been trading at $59.34/share, analysts expect it to surge higher by 0.13% to reach $65.44/share. It started the day trading at $59.42 and traded between $58.28 and $59.42 throughout the trading session.
A look at its technical shows that LVS’s 50-day SMA is 58.67 while its 200-day SMA stands at 62.37. The stock has a high of $81.45 for the year while the low is $47.39. The company’s P/E ratio currently sits at 18.94, while the P/B ratio is 8.15. At the moment, only of Las Vegas Sands Corp. shares were sold short. The company’s average trading volume currently stands at 3.90M shares, which means that the short-interest ratio is just 2.00 days. Over the past seven days, the company moved, with its shift of -0.95%. Looking further, the stock has raised 9.55% over the past 90 days while it lost -1.79% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. T Rowe Price Associates Inc bought more LVS shares, increasing its portfolio by +7.52% during the last quarter. This move now sees T Rowe Price Associates Inc purchasing 1,873,278 shares in the last quarter, thus it now holds 26,784,032 shares of LVS, with a total valuation of $1,645,343,086. The Vanguard Group Inc meanwhile bought more LVS shares in the recently filed quarter, changing its stake to $1,369,753,731 worth of shares. Capital Research Management Co followed the path by increasing its LVS portfolio by +3.95% in the quarter. This means that Capital Research Management Co bought 558,011 shares in the last quarter and now controls 14,697,523 shares of the LVS stock, with the valuation hitting $902,868,838.
Similarly, Capital Research Management Co decreased its Las Vegas Sands Corp. shares by -5.96% during the recently filed quarter. After selling -734,312 shares in the last quarter, the firm now controls 11,587,809 shares of Las Vegas Sands Corp. which are valued at $711,839,107. In the same vein, SSgA Funds Management Inc increased its Las Vegas Sands Corp. shares by during the most recent reported quarter. The firm bought 139,192 shares during the quarter which increased its stakes to 7,571,309 shares and is now valued at $465,105,512. Following these latest developments, around 8.60% of Las Vegas Sands Corp. stocks are owned by institutional investors and hedge funds.