Five Oaks Investment (NYSE:OAKS) was upgraded by analysts at Ladenburg Thalmann Financial Services from a “neutral” rating to a “buy” rating in a note issued to investors on Friday, Marketbeat Ratings reports.

Separately, Zacks Investment Research upgraded Five Oaks Investment from a “sell” rating to a “hold” rating in a research report on Friday, December 1st.

Shares of Five Oaks Investment (OAKS) opened at $3.61 on Friday. The company has a quick ratio of 216.96, a current ratio of 216.96 and a debt-to-equity ratio of 21.93. The company has a market capitalization of $79.92, a PE ratio of 6.33 and a beta of 1.31. Five Oaks Investment has a 12-month low of $3.02 and a 12-month high of $5.61.

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

In other news, major shareholder Bermuda Ltd Xl sold 710,495 shares of the business’s stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of $4.77, for a total transaction of $3,389,061.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.92% of the stock is currently owned by insiders.

Several institutional investors have recently bought and sold shares of OAKS. Vanguard Group Inc. grew its position in shares of Five Oaks Investment by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 805,729 shares of the real estate investment trust’s stock worth $3,932,000 after buying an additional 16,005 shares during the period. Virtu KCG Holdings LLC acquired a new position in shares of Five Oaks Investment during the 2nd quarter worth about $108,000. PVG Asset Management Corp acquired a new position in shares of Five Oaks Investment during the 2nd quarter worth about $657,000. Finally, Mackenzie Financial Corp grew its position in shares of 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 period. Institutional investors own 33.12% of the company’s stock.

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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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