Five Oaks Investment Corp. (OAKS) Receives Average Rating of “Hold” from Analysts

Shares of Five Oaks Investment Corp. (NYSE:OAKS) have been assigned an average broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation.

Zacks has also given Five Oaks Investment an industry rank of 168 out of 265 based on the ratings given to related companies.

OAKS has been the subject of a number of analyst reports. Zacks Investment Research lowered Five Oaks Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 14th. Ladenburg Thalmann Financial Services initiated coverage on Five Oaks Investment in a research report on Tuesday, October 10th. They issued a “neutral” rating for the company.

A number of institutional investors have recently modified their holdings of OAKS. Virtu KCG Holdings LLC purchased a new position in Five Oaks Investment in the second quarter worth approximately $108,000. PVG Asset Management Corp acquired a new position in Five Oaks Investment during the second quarter worth $657,000. Rational Advisors LLC acquired a new position in Five Oaks Investment during the second quarter worth $657,000. Mackenzie Financial Corp lifted its stake in Five Oaks Investment by 68.6% during the third quarter. Mackenzie Financial Corp now owns 167,225 shares of the real estate investment trust’s stock worth $746,000 after purchasing an additional 68,050 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in Five Oaks Investment by 15.5% during the first quarter. Renaissance Technologies LLC now owns 350,782 shares of the real estate investment trust’s stock worth $1,800,000 after purchasing an additional 47,173 shares in the last quarter. Institutional investors own 33.22% of the company’s stock.

Five Oaks Investment (OAKS) traded up $0.01 during trading hours on Thursday, reaching $4.10. The company’s stock had a trading volume of 147,109 shares, compared to its average volume of 111,896. Five Oaks Investment has a 52 week low of $3.80 and a 52 week high of $5.61. The company has a current ratio of 216.96, a quick ratio of 216.96 and a debt-to-equity ratio of 21.93. The stock has a market cap of $90.77, a price-to-earnings ratio of 7.19 and a beta of 1.31.

Five Oaks Investment (NYSE:OAKS) last posted its quarterly earnings data on Monday, November 6th. The real estate investment trust reported $0.11 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.07). Five Oaks Investment had a return on equity of 10.57% and a net margin of 7.08%. The firm had revenue of $4.75 million for the quarter. analysts anticipate that Five Oaks Investment will post 0.49 earnings per share for the current year.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 29th. Investors of record on Wednesday, November 15th were given a $0.05 dividend. The ex-dividend date was Tuesday, November 14th. This represents a $0.60 annualized dividend and a yield of 14.63%. Five Oaks Investment’s payout ratio is 150.00%.

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About Five Oaks Investment

Five Oaks Investment Corp. is a real estate investment trust. The Company is focused on investing on a leveraged basis in mortgage and other real estate-related assets, particularly residential mortgage loans and mortgage-backed securities (MBS). The Company invests in various assets, such as Agency residential MBS (RMBS); securitizations backed by multi-family mortgage loans, or Multi-Family MBS; residential mortgage loans and other mortgage-related investments, including mortgage servicing rights (MSRs), and Non-Agency RMBS.

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