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Wunderlich Upgrades Western Asset Mortgage To Buy, Likes Sustained Dividend
Friday, August 5, 2016 - 9:14am | 312Read More...Wunderlich has upgraded Western Asset Mortgage Capital Corp (NYSE: WMC) to Buy from Hold on sustained dividend and lower volatility in book value per share (BVPS). After six successive quarterly dividend cuts, the company announced in late June a second-quarter dividend of $0.31, and Wunderlich...
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Wunderlich Downgrades Western Asset To Sell
Tuesday, May 10, 2016 - 1:21pm | 296Read More...Western Asset Mortgage Capital Corp (NYSE: WMC) reported a nearly 11 percent sequential contraction in BVPS, and its core EPS significantly missed expectations. Wunderlich’s Merrill Ross downgraded the rating for the company from Hold to Sell, while reducing the price target from $10 to $8....
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Wunderlich Mortgage REIT Update: 5 Big Moves Since April
Tuesday, June 23, 2015 - 8:25am | 841Read More...On June 22, Wunderlich Securities analyst Merrill Ross published a research update on 13 mREITs under coverage by the firm. Overall, Ross is not a fan of the sector right now, giving mREITs an Underweight recommendation, noting "a dim look for multiple expansion," and mREIT dividends...
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Wunderlich Initiates 'Innovative' Monroe Capital At Buy
Thursday, May 28, 2015 - 8:41am | 240Read More...In a report published Thursday, Wunderlich analyst Merrill Ross initiated coverage of Monroe Capital Corp (NASDAQ: MRCC) with a Buy rating and $15.50 price target. The analyst expects the company to deliver consistent dividends, along with appreciation in its portfolio investments. "Unlike other...
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Wunderlich Likes The JCAP mREIT IPO: Could It Be A Better Mousetrap?
Thursday, April 23, 2015 - 10:27am | 782Read More...On April 21, Wunderlich Securities analyst Merrill Ross published a report initiating coverage on self-storage mREIT IPO Jernigan Capital Inc (NYSE: JCAP) with a Buy recommendation, and explains why Jernigan's hybrid REIT business model is a winner. There is simply no other public company...
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Wunderlich Securities Adjusts Estimates For Capital Raise For Hercules Technology Growth Capital
Monday, March 30, 2015 - 9:35am | 165Read More...In a report published Monday, Wunderlich Securities analyst Merrill Ross reiterated a Buy rating and $16.00 price target on Hercules Technology Growth Capital, Inc. (NYSE: HTGC). In the report, Wunderlich Securities noted, "Buy-rated Hercules Technology Growth Capital (HTGC), which reached a...
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Wunderlich Securities Upgrades Horizon Technology Finance On Potential For Dividend Coverage And NAV Appreciation In 2H15
Thursday, March 12, 2015 - 9:32am | 180Read More...In a report published Thursday, Wunderlich Securities analyst Merrill Ross upgraded the rating on Horizon Technology Finance Corp. (NASDAQ: HRZN) from Hold to Buy, and raised the price target from $14.50 to $15.00. In the report, Wunderlich Securities noted, "We are upgrading our rating on the...
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Wunderlich Securities Reiterates Hold, Lowers PT On TCP Capital On Slower Capital Deployment
Wednesday, March 11, 2015 - 9:12am | 178Read More...In a report published Wednesday, Wunderlich Securities analyst Merrill Ross reiterated a Hold rating on TCP Capital Corp. (NASDAQ: TCPC), but lowered the price target from $17.50 to $16.00. In the report, Wunderlich Securities noted, "Hold-rated TCP Capital (TCPC) reported full-year results that...
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7 Things These Experts Are Saying About The FOMC
Friday, February 20, 2015 - 4:46pm | 606Read More...In a report published Friday morning, Wunderlich Securities analysts Merrill Ross and Art Hogan discuss the minutes from the January meeting of Federal Open Market Committee. Here are the highlights detailing their views: “After more than six years at the zero bound for the overnight...
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MFA Financial Represents A Core Holding If Housing Market Remains Sustainable
Friday, February 13, 2015 - 9:50am | 137Read More...In a report published Friday, Wunderlich Securities analyst Merrill Ross reiterated a Hold rating and $8.00 price target on MFA Financial (NYSE: MFA). In the report, Wunderlich Securities noted, "Hold-rated MFA Financial (MFA) reported 4Q14 EPS of $0.20, in line with dividends and our estimate. MFA...
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Wunderlich Securities Reiterates Buy, Lowers Price Target On Prospect Capital On Stable NAV Despite Significant Portfolio Cleanup
Monday, February 9, 2015 - 10:00am | 173Read More...In a report published Monday, Wunderlich Securities analyst Merrill Ross reiterated a Buy rating on Prospect Capital Corporation (NASDAQ: PSEC), but lowered the price target from $13.00 to $11.50. In the report, Wunderlich Securities noted, "Buy-rated Prospect Capital (PSEC) reported net investment...
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UPDATE: Wunderlich Securities Initiates Coverage On Eagle Point Credit Company On Structured Investments In Leveraged Loans
Wednesday, January 7, 2015 - 9:52am | 171Read More...In a report published Wednesday, Wunderlich Securities analyst Merrill Ross initiated coverage on Eagle Point Credit Company Inc (NYSE: ECC) with a Buy rating and $23.00 price target. In the report, Wunderlich Securities noted, “We are initiating coverage of Eagle Point Credit Company Inc. (ECC)...
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UPDATE: Wunderlich Securities Initiates Coverage On StoneCastle Financial On Investing In Healthy Community Banks
Wednesday, January 7, 2015 - 9:44am | 154Read More...In a report published Wednesday, Wunderlich Securities analyst Merrill Ross initiated coverage on StoneCastle Financial Corp. (NASDAQ: BANX) with a Buy rating and $22.00 price target. In the report, Wunderlich Securities noted, “We are initiating coverage of StoneCastle Financial Corp. (BANX) with...
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UPDATE: Wunderlich Securities Reiterates On Western Asset Mortgage Capital On Lowering Estimates on Flatter Yield Curve
Friday, November 7, 2014 - 10:57am | 164Read More...In a report published Friday, Wunderlich Securities analyst Merrill Ross reiterated a Hold rating on Western Asset Mortgage Capital Corporation (NYSE: WMC), but lowered the price target from $15.00 to $14.50. In the report, Wunderlich Securities noted, “Hold-rated Western Asset Mortgage Capital...
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Wunderlich Securities Increases Estimates On Whitestone REIT On Accretive Acquisition
Thursday, September 25, 2014 - 9:13am | 155Read More...In a report published Thursday, Wunderlich Securities analyst Merrill Ross reiterated a Buy rating and $17.50 price target on Whitestone REIT (NYSE: WSR). In the report, Wunderlich Securities noted, “Buy-rated Whitestone REIT (WSR) announced the purchase of a 90% leased Class A community shopping...
