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4 Top-Performing Mortgage REITs Rose Sharply On This Sector Upgrade
Wednesday, July 8, 2015 - 10:46am | 814Read More...On July 7, Wells Fargo analyst Joel Houck published a research note, "Sell-off Overdone; Upgrading mREITs to Overweight." Most investors are attracted to the mortgage REIT (mREIT) sector because of the high dividend yields; however, there are many variables which can lead to losses in...
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Wells Fargo Cuts Estimates For American Capital Agency
Wednesday, February 4, 2015 - 6:35pm | 191Read More...Wells Fargo reduced its estimates on American Capital Agency Corp. (NASDAQ: AGNC) Wednesday and maintained a Market Perform rating with a $22-$23 valuation range. Analyst Joel Houck commented that the company reported a Q4 GAAP loss per share of $0.94 per share and $0.85 of net spread and...
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UPDATE: Wells Fargo Downgrades Walter Investment Management on Potential Negative Factors Ahead
Friday, October 11, 2013 - 2:36pm | 141Read More...In a report published Friday, Wells Fargo Securities analyst Joel Houck downgraded the rating on Walter Investment Management Corp. (NYSE: WAC) from Outperform to Market Perform. In the report, Wells Fargo Securities noted, “We are downgrading shares of WAC from Outperform to Market Perform. Our...
