Five Oaks Investment (NYSE:OAKS) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday.

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 started coverage on shares of Five Oaks Investment in a research report on Tuesday, October 10th. They set a “neutral” rating on the stock.

Five Oaks Investment (NYSE OAKS) opened at $4.06 on Friday. Five Oaks Investment has a 12 month low of $3.80 and a 12 month high of $5.61. The company has a market capitalization of $90.99, a price-to-earnings ratio of 7.21 and a beta of 1.31. The company has a quick ratio of 216.96, a current ratio of 216.96 and a debt-to-equity ratio of 21.93.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. PVG Asset Management Corp acquired a new stake in Five Oaks Investment in the second quarter valued at $657,000. Rational Advisors LLC acquired a new stake in shares of Five Oaks Investment during the 2nd quarter valued at approximately $657,000. Mackenzie Financial Corp grew its stake in Five Oaks Investment by 68.6% during the 3rd quarter. Mackenzie Financial Corp now owns 167,225 shares of the real estate investment trust’s stock worth $746,000 after buying an additional 68,050 shares during the last quarter. Renaissance Technologies LLC grew its stake in Five Oaks Investment by 15.5% during the 1st quarter. Renaissance Technologies LLC now owns 350,782 shares of the real estate investment trust’s stock worth $1,800,000 after buying an additional 47,173 shares during the last quarter. Finally, Virtu KCG Holdings LLC bought a new position in shares of Five Oaks Investment in the second quarter worth $108,000. Institutional investors and hedge funds own 33.22% of the company’s stock.

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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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