Western Asset Mortgage Capital (NYSE:WMC) Rating Reinstated by Jonestrading

Western Asset Mortgage Capital (NYSE:WMCGet the Badge)The stock had its “buy” rating restated by equities research analysts at Jonestrading in a note issued to investors on on friday, In gasoline report. They currently have a $17.50 price target on the financial services provider’s stock. Jonestrading’s price will show an upside of 69.90% from the current price.

→ Defy New Year Volatility with Artificial Intelligence (From Vantage Point)pixels

Apart from, StockNews.com raised shares of Western Asset Mortgage Capital from a “buy” rating to a “hold” rating in a report on Friday, November 18th.

Western Asset Mortgage Capital Stock Performance

WMC traded up $0.15 on Friday, reaching $10.30. The stock had a trading volume of 177 shares, compared to its average volume of 29,669. Western Asset Mortgage Capital has a 12-month low of $7.00 and a 12-month high of $22.10. The company has a current ratio of 628.35, a quick ratio of 628.35 and a debt-to-equity ratio of 25.40. The company’s 50-day price is $9.11 and its two-hundred-day price is $11.21. The company has a market cap of $62.19 million, a P/E ratio of -0.62 and a beta of 1.53.

Western Asset Mortgage Trading Corporation

Many business organizations have recently revamped their marketing efforts. Wolverine Asset Management LLC acquired a new stake in shares of Western Asset Mortgage Capital in the third quarter worth about $98,000. Renaissance Technologies LLC lifted its position in Western Asset Mortgage Capital by 127.2% in the second quarter. Renaissance Technologies LLC now owns 221,200 shares of the financial services provider’s stock worth $268,000 after acquiring an additional 123,860 shares during the last quarter. . Beach Point Capital Management LP lifted its position in Western Asset Mortgage Capital by 137.3% in the second quarter. Beach Point Capital Management LP now owns 4,169,620 shares of the financial services provider’s stock worth $5,045,000 after an additional 2,412,837 shares during the last quarter eat Jane Street Group LLC acquired a new position in Western Asset Mortgage Capital in the first quarter worth about $97,000. Finally, Goldman Sachs Group Inc. raised its position in Western Asset Mortgage Capital by 103.7% in the first quarter. The Goldman Sachs Group Inc. now owns 55,351 shares of the financial services provider’s stock worth $94,000 after adding an additional 28,178 shares in the last quarter. Private investors and hedge funds own 20.53% of the company’s stock.

Western Asset Mortgage Capital Company Profile

(Get the Badge)

Western Asset Mortgage Capital Corp. operates as a real estate investment trust. The company is engaged in the management of a diversified portfolio of assets. It focuses on investing in, financing and managing securities related to real estate, mortgages and other financial assets. The company was founded on June 3, 2009 and is headquartered in Salt Lake City, UT.

Special Edition

This news update is created by the technology science and financial experts from MarketBeat in order to provide readers with the fastest and most accurate information. zero. This story was reviewed by MarketBeat editors prior to publication. Please send questions or comments about this story to contact@marketbeat.com.

Before you consider Western Asset Mortgage Capital, you’ll want to hear this.

MarketBeat ranks Wall Street’s top and best-performing stock analysts and stocks they recommend to their clients. on a daily basis. MarketBeat reports the five shares top analysts are quietly whispering to their clients to buy now before the general market hits…and Western Asset Mortgage Capital isn’t here yet in the list.

Although Western Asset Mortgage Capital currently has a “Hold” rating among analysts, higher analysts believe these five stocks are more likely to sell.

See the Five Stocks Here

The Best High Quality Stocks for 2022 Cover

Leave a Comment