Economy

Granite Point Mortgage Trust (GPMT) Given News Sentiment Score of 0.30

PennyMac Mortgage Investment Trust posted earnings of $0.44 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 22.7%. About 653,518 shares traded or 2.05% up from the average.

PennyMac Mortgage Investment Trust (NYSE PMT) traded up $0.18 during trading hours on Tuesday, hitting $16.04. It has outperformed by 1.52% the S&P500.

Among 6 analysts covering TTM Tech (NYSE:TTM), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. EXACT Sciences had 61 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by Bernstein on Friday, August 11 to "Market Perform". The correct version of this article can be read at https://www.dispatchtribunal.com/2018/01/05/sg-americas-securities-llc-purchases-new-holdings-in-capital-trust-inc-bxmt.html. (NASDAQ:SIRI) on Wednesday, March 22 to "Equal-Weight" rating. Keefe Bruyette & Woods maintained the shares of PMT in report on Monday, May 29 with "Buy" rating. FBR & Co lifted their price objective on Blackstone Mortgage Trust from $32.00 to $33.00 and gave the company a "buy" rating in a research report on Thursday, October 26th. It also increased its holding in Ally Financial Inc. The stock has "Buy" rating by Benchmark on Wednesday, May 31. If the $38.30 price target is reached, the company will be worth $176.58M more.

PennyMac Mortgage Investment Trust announced that its board has initiated a stock repurchase program on Wednesday, December 20th that allows the company to buyback $100.00 million in shares. The stock of Sirius XM Holdings Inc. The firm earned "Mkt Perform" rating on Thursday, February 16 by JMP Securities. The stock of The Boeing Company (NYSE:BA) has "Equal-Weight" rating given on Monday, March 13 by Morgan Stanley. See Sirius XM Holdings Inc.

Bridge Bancorp, Inc. operates as the bank holding firm for The Bridgehampton National Bank that provides commercial and consumer banking services in the United States. Chicago Equity Partners Llc who had been investing in Pennymac Mtg Invt Tr for a number of months, seems to be less bullish one the $1.03 billion market cap company.

The stock decreased 0.71% or $0.25 during the last trading session, reaching $35.15. Sirius XM Holdings Inc. Bridge Bancorp, Inc. (BDGE) has risen 18.07% since January 4, 2017 and is uptrending. It has outperformed by 65.52% the S&P500. Commonwealth Equity Service invested in 0% or 18,717 shares. Its down 0.05, from 0.86 in 2017Q2. Shares for $6,935 were sold by Marone Anthony F. JR. 0 funds opened positions while 2 raised stakes. Meridian Inv Counsel reported 88,538 shares. Wells Fargo downgraded Blackstone Mortgage Trust, Inc. (NASDAQ:SIRI) for 14,372 shares. The insider LIDGARD GRAHAM PETER sold 81,025 shares worth $3.82 million. Institutional investors own 62.95% of the company's stock. (NASDAQ:SIRI) for 184,310 shares. Indus Capital Partners Llc who had been investing in Tata Mtrs Ltd for a number of months, seems to be less bullish one the $23.84B market cap company. Bancorporation Of America Corporation De holds 872,690 shares. Rafferty Asset Management Limited holds 283,758 shares or 0.04% of its portfolio. Stratos Wealth Ptnrs Limited stated it has 15,247 shares or 0.18% of all its holdings. 40,086 are held by Veritable L P. Fred Alger Inc holds 4,655 shares. Next Grp Incorporated holds 0.01% or 1,503 shares. Hardman Johnston Advsr Limited Liability invested in 0.01% or 10,570 shares. (NASDAQ:SIRI). 3,110 were accumulated by Mitsubishi Ufj Company.

Blackstone Mortgage Trust, Inc is a holding company, which conducts its operations as a real estate investment trust. The company has market cap of $1.04 billion.

In related news, major shareholder Two Harbors Investment Corp. purchased 6,572 shares of the firm's stock in a transaction dated Tuesday, October 10th. It has a 19.96 P/E ratio. The Correspondent Production segment engages in purchasing, pooling, and reselling newly originated prime credit mortgage loans directly or in the form of mortgage-backed securities.

Investors sentiment decreased to 1.19 in 2017 Q3.

Since September 1, 2017, it had 0 buys, and 4 selling transactions for $10.18 million activity. It worsened, as 16 investors sold PennyMac Mortgage Investment Trust shares while 43 reduced holdings. 21 funds opened positions while 49 raised stakes. Dubuque State Bank & Tru Company holds 0% or 975 shares in its portfolio. Wells Fargo & Co started coverage on shares of Blackstone Mortgage Trust in a research note on Wednesday, December 6th. Great West Life Assurance Can owns 7,089 shares or 0% of their U.S. portfolio. (NYSE:BXMT). Spirit Of America Management New York has 0.26% invested in Blackstone Mortgage Trust, Inc. Following the sale, the chief financial officer now owns 15,504 shares of the company's stock, valued at approximately $495,352.80. Fmr Ltd Liability holds 0% of its portfolio in PennyMac Mortgage Investment Trust (NYSE:PMT) for 51,200 shares. Tower Rech Capital Lc (Trc) has 0.01% invested in PennyMac Mortgage Investment Trust (NYSE:PMT). Assetmark invested in 505 shares. Oppenheimer & Communications accumulated 19,508 shares. Qs Investors Ltd Com stated it has 201,477 shares or 0.03% of all its holdings. Renaissance Grp Inc Limited Liability Corp holds 1.4% or 160,330 shares in its portfolio. Keefe Bruyette & Woods maintained PennyMac Mortgage Investment Trust (NYSE:PMT) rating on Monday, May 29. Aperio Gp Ltd Llc invested in 17,197 shares. Public Employees Retirement System of OH now owns 7,207 shares of the real estate investment trust's stock worth $132,000 after acquiring an additional 304 shares during the last quarter.

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