Resource Capital Corp. (NYSE:RSO) Director Jeffrey P. Cohen purchased 2,305 shares of the business’s stock in a transaction dated Friday, November 10th. The shares were acquired at an average cost of $9.65 per share, for a total transaction of $22,243.25. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

Jeffrey P. Cohen also recently made the following trade(s):

  • On Monday, November 6th, Jeffrey P. Cohen bought 3,000 shares of Resource Capital Corp. stock. The shares were purchased at an average cost of $9.90 per share, with a total value of $29,700.00.
  • On Wednesday, August 16th, Jeffrey P. Cohen bought 5,312 shares of Resource Capital Corp. stock. The stock was acquired at an average cost of $10.30 per share, for a total transaction of $54,713.60.
  • On Thursday, August 17th, Jeffrey P. Cohen bought 15,000 shares of Resource Capital Corp. stock. The stock was acquired at an average cost of $10.26 per share, for a total transaction of $153,900.00.

Shares of Resource Capital Corp. (NYSE RSO) traded up $0.03 during mid-day trading on Wednesday, reaching $9.63. The company had a trading volume of 313,500 shares, compared to its average volume of 304,522. Resource Capital Corp. has a 12 month low of $7.90 and a 12 month high of $11.38. The company has a debt-to-equity ratio of 1.60, a quick ratio of 134.66 and a current ratio of 134.66.

Resource Capital Corp. (NYSE:RSO) last issued its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported ($0.36) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.29). The business had revenue of $10.30 million during the quarter, compared to analyst estimates of $9.34 million. Resource Capital Corp. had a net margin of 63.00% and a negative return on equity of 1.23%. Resource Capital Corp.’s quarterly revenue was down 28.0% compared to the same quarter last year. equities analysts anticipate that Resource Capital Corp. will post -0.7 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 27th. Investors of record on Friday, September 29th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.20 dividend on an annualized basis and a yield of 2.08%. Resource Capital Corp.’s payout ratio is 74.07%.

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A number of large investors have recently bought and sold shares of RSO. Forward Management LLC boosted its holdings in shares of Resource Capital Corp. by 2.8% during the second quarter. Forward Management LLC now owns 1,435,600 shares of the real estate investment trust’s stock worth $14,600,000 after purchasing an additional 39,594 shares during the last quarter. Vivaldi Asset Management LLC raised its holdings in shares of Resource Capital Corp. by 19.7% during the third quarter. Vivaldi Asset Management LLC now owns 1,359,095 shares of the real estate investment trust’s stock valued at $14,651,000 after buying an additional 223,753 shares during the last quarter. State Street Corp raised its holdings in Resource Capital Corp. by 3.9% during the second quarter. State Street Corp now owns 614,862 shares of the real estate investment trust’s stock worth $6,253,000 after purchasing an additional 23,228 shares in the last quarter. Kennedy Capital Management Inc. raised its holdings in Resource Capital Corp. by 119.8% during the second quarter. Kennedy Capital Management Inc. now owns 575,246 shares of the real estate investment trust’s stock worth $5,850,000 after purchasing an additional 313,581 shares in the last quarter. Finally, Tahithromos L.L.C. raised its holdings in Resource Capital Corp. by 7.9% during the third quarter. Tahithromos L.L.C. now owns 455,088 shares of the real estate investment trust’s stock worth $4,906,000 after purchasing an additional 33,187 shares in the last quarter. Institutional investors own 45.41% of the company’s stock.

A number of analysts have recently issued reports on the stock. B. Riley restated a “neutral” rating on shares of Resource Capital Corp. in a research note on Friday, November 3rd. Zacks Investment Research lowered shares of Resource Capital Corp. from a “buy” rating to a “hold” rating in a report on Saturday, September 23rd. FBR & Co boosted their price target on shares of Resource Capital Corp. from $9.75 to $11.50 and gave the stock a “market perform” rating in a research report on Tuesday, August 8th. Finally, ValuEngine upgraded shares of Resource Capital Corp. from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $10.83.

About Resource Capital Corp.

Resource Capital Corp. is a real estate finance company. The Company operates through four segments: Commercial Real Estate Debt Investments, Commercial Finance, Residential Mortgage Lending and Corporate & Other. The Commercial Real Estate Debt Investments segment includes the Company’s activities and operations related to commercial real estate loans, commercial real estate-related securities and investments in real estate.

Insider Buying and Selling by Quarter for Resource Capital Corp. (NYSE:RSO)

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