$-0.33 EPS Expected for Ocwen Financial Corporation (OCN)

April 17, 2018 - By wolcottdaily

Ocwen Financial Corporation (NYSE:OCN) LogoInvestors sentiment increased to 1.2 in 2017 Q4. Its up 0.36, from 0.84 in 2017Q3. It increased, as 16 investors sold Ocwen Financial Corporation shares while 30 reduced holdings. 26 funds opened positions while 29 raised stakes. 54.84 million shares or 4.05% less from 57.15 million shares in 2017Q3 were reported.
Sg Americas Lc holds 0% of its portfolio in Ocwen Financial Corporation (NYSE:OCN) for 142,909 shares. Saba Capital Mngmt L P holds 370,340 shares. Invesco Limited reported 456,693 shares. Swiss Natl Bank stated it has 0% of its portfolio in Ocwen Financial Corporation (NYSE:OCN). Ubs Asset Mgmt Americas owns 34,899 shares or 0% of their US portfolio. Stratos Wealth Partners Ltd holds 0% or 3,706 shares in its portfolio. Manufacturers Life Insurance The has invested 0% of its portfolio in Ocwen Financial Corporation (NYSE:OCN). Prudential Fincl stated it has 10,581 shares or 0% of all its holdings. Retail Bank Of Mellon Corporation reported 0% in Ocwen Financial Corporation (NYSE:OCN). Florida-based State Board Of Administration Of Florida Retirement System has invested 0% in Ocwen Financial Corporation (NYSE:OCN). Michigan-based Fishman Jay A Mi has invested 0.01% in Ocwen Financial Corporation (NYSE:OCN). 21,969 are owned by Virtu Fincl. Brown Brothers Harriman & Co accumulated 24,770 shares or 0% of the stock. Panagora Asset Management reported 3,000 shares stake. Legal & General Group Public Ltd Company holds 29,675 shares or 0% of its portfolio.

Since January 22, 2018, it had 4 insider buys, and 0 insider sales for $8.51 million activity.

Analysts expect Ocwen Financial Corporation (NYSE:OCN) to report $-0.33 EPS on May, 2.They anticipate $0.07 EPS change or 26.92 % from last quarter’s $-0.26 EPS. After having $-0.09 EPS previously, Ocwen Financial Corporation’s analysts see 266.67 % EPS growth. The stock increased 0.55% or $0.0225 during the last trading session, reaching $4.1425. About 211,817 shares traded. Ocwen Financial Corporation (NYSE:OCN) has declined 16.56% since April 17, 2017 and is downtrending. It has underperformed by 28.11% the S&P500.

Ocwen Financial Corporation, a financial services holding company, engages in the servicing and origination of mortgage loans in the United States. The company has market cap of $552.44 million. The Company’s Servicing segment provides residential and commercial mortgage loan servicing, special servicing, and asset management services to owners of mortgage loans and foreclosed real estate. It currently has negative earnings. This segment's residential servicing portfolio includes conventional, government insured, and non-agency loans.

Ocwen Financial Corporation (NYSE:OCN) Institutional Positions Chart

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