Five Oaks Investment (NYSE:OAKS) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Saturday.

According to Zacks, “Five Oaks Investment Corp. is a real estate investment trust. The company is focused on investing, financing and managing both agency and non-agency residential mortgage-backed securities, residential mortgage loans and other mortgage related investments. Five Oaks Investment Corp. is based in New York, United States. “

Separately, Ladenburg Thalmann Financial Services assumed coverage on shares of Five Oaks Investment in a research note on Tuesday, October 10th. They set a “neutral” rating for the company.

Five Oaks Investment (NYSE:OAKS) opened at $3.32 on Friday. The firm has a market cap of $74.61, a P/E ratio of 8.30 and a beta of 1.48. Five Oaks Investment has a 52 week low of $3.15 and a 52 week high of $5.61. The company has a debt-to-equity ratio of 21.93, a quick ratio of 216.96 and a current ratio of 216.96.

Five Oaks Investment (NYSE:OAKS) last issued its quarterly earnings results on Monday, November 6th. The real estate investment trust reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.07). The business had revenue of $4.75 million for the quarter. Five Oaks Investment had a return on equity of 10.57% and a net margin of 7.08%. equities research analysts predict that Five Oaks Investment will post 0.49 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Five Oaks Investment by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 805,729 shares of the real estate investment trust’s stock valued at $3,932,000 after buying an additional 16,005 shares during the last quarter. Mackenzie Financial Corp boosted its holdings in shares of Five Oaks Investment by 68.6% in the 3rd quarter. Mackenzie Financial Corp now owns 167,225 shares of the real estate investment trust’s stock valued at $746,000 after buying an additional 68,050 shares during the last quarter. PVG Asset Management Corp acquired a new stake in shares of Five Oaks Investment in the 2nd quarter valued at approximately $657,000. Finally, Virtu KCG Holdings LLC acquired a new stake in shares of Five Oaks Investment in the 2nd quarter valued at approximately $108,000. 33.12% of the stock is owned by institutional investors.

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Five Oaks Investment Company Profile

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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