Cherry Hill Mortgage (NYSE:CHMI) Buy Rating Reiterated Today By B.Riley FBR; The Price Objective Given is $19.5

February 12, 2018 - By Louis Casey

 Cherry Hill Mortgage (NYSE:CHMI) Buy Rating Reiterated Today By B.Riley FBR; The Price Objective Given is $19.5

Investors sentiment decreased to 1.14 in 2017 Q3. Its down 2.74, from 3.88 in 2017Q2. It turned negative, as 7 investors sold Cherry Hill Mortgage Investment Corporation shares while 29 reduced holdings. 15 funds opened positions while 26 raised stakes. 7.28 million shares or 53.36% less from 15.61 million shares in 2017Q2 were reported.

First Quadrant Lp Ca reported 64,247 shares. American International reported 7,866 shares stake. Deutsche Bankshares Ag reported 114,896 shares. Kings Point Capital Mngmt holds 0.01% of its portfolio in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) for 1,525 shares. Bnp Paribas Arbitrage has 1,145 shares. Prudential Incorporated reported 0% in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI). 13,030 were accumulated by Quantitative Systematic Strategies Lc. Thrivent Fin For Lutherans has invested 0% of its portfolio in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI). Goldman Sachs Group reported 178,047 shares. Bessemer Grp Inc Inc reported 32,900 shares or 0% of all its holdings. Northern has invested 0% in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI). Wells Fargo & Commerce Mn holds 0% or 119,626 shares in its portfolio. Connor Clark & Lunn Invest Mngmt Ltd holds 0.01% or 48,269 shares in its portfolio. Stratos Wealth Ptnrs Limited, a Ohio-based fund reported 11,492 shares. Hawaii-based C M Bidwell & Assocs Limited has invested 0.27% in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI).

Cherry Hill Mortgage (NYSE:CHMI) Rating Reaffirmed

B.Riley FBR now has a $19.5 TP on the $213.27M market cap company or 17.82 % upside potential. In a report issued on 8 November, Cherry Hill Mortgage (NYSE:CHMI) shares have had their Buy Rating maintained by equity analysts at B.Riley FBR.

Investors sentiment decreased to 1.14 in 2017 Q3. Its down 2.74, from 3.88 in 2017Q2. It turned negative, as 7 investors sold Cherry Hill Mortgage Investment Corporation shares while 29 reduced holdings. 15 funds opened positions while 26 raised stakes. 7.28 million shares or 53.36% less from 15.61 million shares in 2017Q2 were reported.

First Quadrant Lp Ca reported 64,247 shares. American International reported 7,866 shares stake. Deutsche Bankshares Ag reported 114,896 shares. Kings Point Capital Mngmt holds 0.01% of its portfolio in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) for 1,525 shares. Bnp Paribas Arbitrage has 1,145 shares. Prudential Incorporated reported 0% in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI). 13,030 were accumulated by Quantitative Systematic Strategies Lc. Thrivent Fin For Lutherans has invested 0% of its portfolio in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI). Goldman Sachs Group reported 178,047 shares. Bessemer Grp Inc Inc reported 32,900 shares or 0% of all its holdings. Northern has invested 0% in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI). Wells Fargo & Commerce Mn holds 0% or 119,626 shares in its portfolio. Connor Clark & Lunn Invest Mngmt Ltd holds 0.01% or 48,269 shares in its portfolio. Stratos Wealth Ptnrs Limited, a Ohio-based fund reported 11,492 shares. Hawaii-based C M Bidwell & Assocs Limited has invested 0.27% in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI).

Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) Ratings Coverage

Among 4 analysts covering Cherry Hill Mortgage Investment Corporation (NYSE:CHMI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Cherry Hill Mortgage Investment Corporation has $21 highest and $16 lowest target. $18.50’s average target is 11.78% above currents $16.55 stock price. Cherry Hill Mortgage Investment Corporation had 6 analyst reports since March 16, 2016 according to SRatingsIntel. As per Thursday, August 11, the company rating was maintained by Citigroup. The rating was maintained by FBR Capital with “Outperform” on Tuesday, March 28. Barclays Capital maintained Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) on Wednesday, March 16 with “Equal-Weight” rating. As per Wednesday, November 8, the company rating was maintained by FBR Capital. The firm has “Neutral” rating given on Thursday, October 6 by Wedbush.

The stock increased 1.04% or $0.17 during the last trading session, reaching $16.55. About 46,988 shares traded. Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) has risen 20.72% since February 12, 2017 and is uptrending. It has outperformed by 4.02% the S&P500.

Analysts await Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) to report earnings on March, 13. They expect $0.52 EPS, up 1.96 % or $0.01 from last year’s $0.51 per share. CHMI’s profit will be $6.70M for 7.96 P/E if the $0.52 EPS becomes a reality. After $0.52 actual EPS reported by Cherry Hill Mortgage Investment Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. The company has market cap of $213.27 million. The firm operates through Investments in Servicing Related Assets and RMBS divisions. It has a 3.17 P/E ratio. It manages a portfolio of servicing related assets, residential mortgage-backed securities , and prime mortgage loans, as well as other residential mortgage assets.

More notable recent Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) news were published by: Seekingalpha.com which released: “A Fundamental Analysis Of Cherry Hill Mortgage Investment Corp.” on October 30, 2017, also Businesswire.com with their article: “Cherry Hill Mortgage Investment Corporation Announces Pricing of Public …” published on August 10, 2017, Seekingalpha.com published: “Cherry Hill Mortgage Investment Is Currently Undervalued By 16%” on October 26, 2017. More interesting news about Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) were released by: Marketwatch.com and their article: “Cherry Hill Mortgage Investment Corp.” published on June 08, 2016 as well as Seekingalpha.com‘s news article titled: “Preferred Stock IPO: Another Mortgage Preferred Stock, This Time From Cherry Hill” with publication date: August 16, 2017.

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