Institutional Investors Sentiment Indicator of Western Asset Mortgage Capital Corp (NYSE:WMC) Increases in 2018 Q1

June 14, 2018 - By Hazel Jackson

Sentiment for Western Asset Mortgage Capital Corp (NYSE:WMC)

Western Asset Mortgage Capital Corp (NYSE:WMC) institutional sentiment increased to 0.97 in Q1 2018. Its up 0.03, from 0.94 in 2017Q4. The ratio is more positive, as 31 funds increased or opened new positions, while 32 reduced and sold their holdings in Western Asset Mortgage Capital Corp. The funds in our partner’s database now own: 16.55 million shares, up from 16.29 million shares in 2017Q4. Also, the number of funds holding Western Asset Mortgage Capital Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 26 Increased: 21 New Position: 10.

Western Asset Mortgage Capital Corporation operates as a real estate investment trust in the United States. The company has market cap of $447.17 million. It primarily focuses on investing in, financing, and managing a portfolio of agency and non-agency residential mortgage-backed securities and commercial mortgage-backed securities, residential whole-loans, and other financial assets. It has a 5.3 P/E ratio. The firm qualifies as a real estate investment trust for federal income tax purposes.

The stock increased 0.61% or $0.065 during the last trading session, reaching $10.745. About 78,192 shares traded. Western Asset Mortgage Capital Corporation (NYSE:WMC) has risen 1.66% since June 14, 2017 and is uptrending. It has underperformed by 10.91% the S&P500.

Wolverine Asset Management Llc holds 0.1% of its portfolio in Western Asset Mortgage Capital Corporation for 837,119 shares. Cordasco Financial Network owns 6,500 shares or 0.07% of their US portfolio. Moreover, Hancock Holding Co has 0.04% invested in the company for 100,000 shares. The New York-based Bbr Partners Llc has invested 0.02% in the stock. Prudential Financial Inc, a New Jersey-based fund reported 1.16 million shares.

Since January 1, 0001, it had 2 insider purchases, and 0 sales for $101,405 activity.

Western Asset Mortgage Capital Corporation (NYSE:WMC) Institutional Positions Chart

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