hatteras financial

KBW is out with its report today on Hatteras Financial (NYSE: HTS), raising its PT to $30. In a note to clients, KBW writes, "HTS reported lower than expected operating EPS primarily driven by lower average assets as capital was deployed late in the quarter. Pro forma book value including accretion...

Jefferies is downgrading Hatteras Financial Corp. (NYSE: HTS) to Hold from Buy, and lowers its PT to $27 from $30. “We anticipate duration extension and Agency MBS price declines to occur over the course of 2011,” Jefferies writes. “Based on this and despite a solid management team and a sound long...

Yesterday Hatteras Financial Corp. (NYSE: HTS) announced the closing of its equity offering, KBW reports. “Including the overallotment, the company issued 11.5 million shares and generated net proceeds of $326 million.” KBW writes. “The deal resulted in equity at Hatteras increasing by 27%. The...

Shares of Hatteras Financial (HTS) plummeted Tuesday as the company on news that the company is issuing 6.5 million shares. Hatteras Financial is a REIT that pays an incredibly generous dividend yield over 14%. The company makes its money by buying government sponsored mortgages. The stock was down...