Virginia Retirement Systems ET AL bought a new position in Exantas Capital Corp (NYSE:XAN) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 19,500 shares of the company’s stock, valued at approximately $199,000. Virginia Retirement Systems ET AL owned about 0.06% of Exantas Capital as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Wasatch Advisors Inc. bought a new stake in Exantas Capital in the second quarter valued at $418,000. IndexIQ Advisors LLC bought a new stake in Exantas Capital in the second quarter valued at $271,000. Forward Management LLC bought a new stake in Exantas Capital in the second quarter valued at $9,445,000. Los Angeles Capital Management & Equity Research Inc. bought a new stake in Exantas Capital in the second quarter valued at $746,000. Finally, First Quadrant L P CA bought a new stake in Exantas Capital in the second quarter valued at $130,000. 52.93% of the stock is owned by institutional investors and hedge funds.

NYSE:XAN opened at $11.96 on Friday. The company has a quick ratio of 166.86, a current ratio of 166.87 and a debt-to-equity ratio of 2.37. The stock has a market cap of $381.47 million, a PE ratio of -13.91 and a beta of 0.93. Exantas Capital Corp has a one year low of $8.51 and a one year high of $12.09.

Exantas Capital (NYSE:XAN) last posted its earnings results on Wednesday, August 1st. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.13 by $0.07. The company had revenue of $13.65 million during the quarter, compared to the consensus estimate of $10.40 million. Exantas Capital had a net margin of 54.24% and a negative return on equity of 2.89%. equities analysts predict that Exantas Capital Corp will post 0.44 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 27th. Stockholders of record on Friday, June 29th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 3.34%. The ex-dividend date of this dividend was Thursday, June 28th. Exantas Capital’s payout ratio is presently -46.51%.

Several research firms have recently commented on XAN. JMP Securities boosted their target price on shares of Exantas Capital from $11.00 to $11.50 and gave the stock a “market outperform” rating in a research report on Wednesday, May 30th. Raymond James began coverage on shares of Exantas Capital in a research report on Monday, July 30th. They set an “outperform” rating and a $12.00 target price for the company. Finally, ValuEngine raised shares of Exantas Capital from a “hold” rating to a “buy” rating in a research report on Friday, July 6th.

In other news, Director Stephanie H. Wiggins sold 3,000 shares of the business’s stock in a transaction dated Thursday, June 7th. The shares were sold at an average price of $9.96, for a total transaction of $29,880.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 4.82% of the company’s stock.

About Exantas Capital

Exantas Capital Corp. engages in the provision of real estate finance services. It focuses on originating, holding and managing commercial mortgage loans, and commercial real estate-related debt investments. The company was founded in 2005 and is headquartered in New York, NY.

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Institutional Ownership by Quarter for Exantas Capital (NYSE:XAN)

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