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Redwood Trust, Inc. (NYSE:RWT – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the eight brokerages that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the […]
Wolverine Asset Management LLC bought a new stake in Redwood Trust, Inc. (NYSE:RWT – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 489,902 shares of the real estate investment trust’s stock, valued at approximately $3,630,000. Wolverine Asset […]
Wolverine Asset Management LLC bought a new stake in Redwood Trust, Inc. (NYSE:RWT – Free Report) in the 4th quarter, HoldingsChannel reports. The fund bought 489,902 shares of the real estate investment trust’s stock, valued at approximately $3,630,000. Several other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP […]
Redwood Trust (NYSE:RWT – Get Free Report)‘s stock had its “market outperform” rating reaffirmed by analysts at JMP Securities in a note issued to investors on Wednesday, Benzinga reports. They presently have a $8.00 price objective on the real estate investment trust’s stock. JMP Securities’ price target would indicate a potential upside of 30.93% from […]
Redwood Trust (NYSE:RWT – Free Report) had its target price trimmed by Keefe, Bruyette & Woods from $8.50 to $7.75 in a research note published on Monday morning, Benzinga reports. The firm currently has an outperform rating on the real estate investment trust’s stock. Other research analysts have also issued research reports about the stock. […]