IMPAC Mortgage Holdings Inc (IMH) : Talkot Capital added new position in IMPAC Mortgage Holdings Inc during the most recent quarter end. The investment management firm now holds 275,000 shares of IMPAC Mortgage Holdings Inc which is valued at $3,803,250 , the company said in a statement filed on Nov 14, 2016 with the SEC.IMPAC Mortgage Holdings Inc makes up approximately 5.94% of Talkot Capital’s portfolio.
Other Hedge Funds, Including , Alpine Woods Capital Investors added IMH to its portfolio by purchasing 50,000 company shares during the most recent quarter which is valued at $717,000. IMPAC Mortgage Holdings Inc makes up approx 0.04% of Alpine Woods Capital Investors’s portfolio.Blackrock Institutional Trust Company N.a. boosted its stake in IMH in the latest quarter, The investment management firm added 9,651 additional shares and now holds a total of 127,870 shares of IMPAC Mortgage Holdings Inc which is valued at $1,967,919.Tower Research Capital (trc) boosted its stake in IMH in the latest quarter, The investment management firm added 89 additional shares and now holds a total of 169 shares of IMPAC Mortgage Holdings Inc which is valued at $2,601.
IMPAC Mortgage Holdings Inc opened for trading at $14.1 and hit $14.28 on the upside on Monday, eventually ending the session at $14.28, with a gain of 1.06% or 0.15 points. The heightened volatility saw the trading volume jump to 1,87,163 shares. Company has a market cap of $229 M.
Many Wall Street Analysts have commented on IMPAC Mortgage Holdings Inc. IMPAC Mortgage Holdings Inc was Upgraded by JMP Securities to ” Mkt Outperform” on Oct 5, 2016.
Impac Mortgage Holdings Inc. is a residential mortgage lender. The Company operates through three business segments: Mortgage Lending Real Estate Services and Long-Term Mortgage Portfolio. The Mortgage Lending segment originate sell and service conventional conforming agency and Government insured residential mortgage loans originated or acquired through its three channels: correspondent wholesale and retail. The Real Estate Services segment provide loss mitigation and real estate services on its long-term mortgage portfolio including default surveillance loan modification services short sale services real estate owned surveillance and disposition services and monitoring reconciling and reporting services for residential and multifamily mortgage portfolios. The Long-Term Mortgage Portfolio segment manages long-term mortgage portfolio that include residual interests in the securitization trusts reflected as trust assets and liabilities in its consolidated balance sheets.