Analyst Rating Update on Hatteras Financial Corp (HTS)

Hatteras Financial Corp (NYSE:HTS) : The consensus on Hatteras Financial Corp (NYSE:HTS) based on 4 analyst recommendation on the company stock is 2.75, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Hatteras Financial Corp (NYSE:HTS) : Currently there are 2 street experts covering Hatteras Financial Corp (NYSE:HTS) stock. The most bullish and bearish price target for the stock is $17 and $16 respectively for the short term. The average price target of all the analysts comes to $16.18. The estimated standard deviation from the target is $0.46.

Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm Ladenburg Thalmann downgrades its rating on Hatteras Financial Corp (NYSE:HTS). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on April 12, 2016.

Hatteras Financial Corp (NYSE:HTS): stock turned positive on Tuesday. Though the stock opened at $15.96, the bulls momentum made the stock top out at $16.26 level for the day. The stock recorded a low of $15.92 and closed the trading day at $16.23, in the green by 1.69%. The total traded volume for the day was 2,097,096. The stock had closed at $15.96 in the previous days trading.

Hatteras Financial Corp. is an externally managed mortgage real estate investment trust (REIT) that invests primarily in single-family residential mortgage real estate assets, such as mortgage-backed security (MBS) and other financial assets. MBS are pass-through securities consisting of a pool of mortgage loans. The Company invests in both adjustable-rate and fixed-rate MBS. Adjustable rate mortgages (ARMs) are mortgage loans that have floating interest rates. All of its fixed-rate MBS are 10-year and 15-year amortizing fixed-rate securities. The Company has primarily invested in MBS issued or guaranteed by the United States Government agency, such as Ginnie Mae, or by the United States Government-sponsored enterprise, such as Fannie Mae or Freddie Mac. The Company is externally managed and advised by its manager, Atlantic Capital Advisors LLC (ACA).

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