Redwood Trust, Inc. (RWT) At $15.55 Forms Bottom; La Quinta Holdings Inc. (LQ) Had 3 Bulls

Redwood Trust, Inc. (NYSE:RWT) Logo

Redwood Trust, Inc. (RWT) formed multiple bottom with $14.15 target or 9.00% below today’s $15.55 share price. Redwood Trust, Inc. (RWT) has $1.18 billion valuation. The stock increased 1.77% or $0.27 during the last trading session, reaching $15.55. About 435,472 shares traded. Redwood Trust, Inc. (NYSE:RWT) has declined 7.30% since April 4, 2017 and is downtrending. It has underperformed by 18.85% the S&P500.

Among 11 analysts covering La Quinta Holdings (NYSE:LQ), 3 have Buy rating, 0 Sell and 8 Hold. Therefore 27% are positive. La Quinta Holdings had 38 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, January 17 by Morgan Stanley. Stifel Nicolaus maintained La Quinta Holdings Inc. (NYSE:LQ) rating on Monday, November 16. Stifel Nicolaus has “Buy” rating and $20 target. The stock of La Quinta Holdings Inc. (NYSE:LQ) earned “Equal-Weight” rating by Morgan Stanley on Thursday, March 17. On Thursday, July 20 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was maintained on Monday, December 14 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, March 1. The stock of La Quinta Holdings Inc. (NYSE:LQ) earned “Outperform” rating by Wells Fargo on Friday, October 6. Raymond James initiated the shares of LQ in report on Tuesday, October 27 with “Market Perform” rating. The firm has “Buy” rating given on Friday, September 18 by Stifel Nicolaus. The rating was maintained by Deutsche Bank with “Buy” on Thursday, October 29. See La Quinta Holdings Inc. (NYSE:LQ) latest ratings:

01/03/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $19 New Target: $18 Maintain
01/03/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $23 New Target: $22 Maintain
13/02/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $21 New Target: $23 Maintain
01/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $19.0 Maintain
22/01/2018 Broker: Wells Fargo Rating: Hold Downgrade
19/01/2018 Broker: Goldman Sachs Rating: Hold New Target: $19.0 Upgrade
17/01/2018 Broker: Morgan Stanley Rating: Buy Upgrade
23/10/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $15.0 Maintain
16/10/2017 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Downgrade
06/10/2017 Broker: Wells Fargo Old Rating: Market Perform New Rating: Outperform Upgrade

Investors sentiment increased to 1.02 in 2017 Q4. Its up 0.07, from 0.95 in 2017Q3. It is positive, as 18 investors sold Redwood Trust, Inc. shares while 42 reduced holdings. 19 funds opened positions while 42 raised stakes. 62.66 million shares or 1.32% less from 63.50 million shares in 2017Q3 were reported. Goldman Sachs Group Inc Inc owns 279,515 shares. Old Mutual Invsts (Uk) Limited reported 127,809 shares or 0.02% of all its holdings. Art Advsr Limited reported 48,343 shares or 0.03% of all its holdings. State Street owns 1.67 million shares or 0% of their US portfolio. 63,866 are owned by Gsa Cap Ltd Liability Partnership. Wealthtrust reported 113 shares. Proshare Advsrs Limited Co reported 11,376 shares or 0% of all its holdings. Winslow Evans Crocker holds 5,400 shares or 0.03% of its portfolio. Hilton Capital Mgmt Limited invested in 1.36% or 609,237 shares. Tradewinds Capital Mgmt Ltd Liability Corp holds 345 shares. Price T Rowe Assoc Inc Md has invested 0% in Redwood Trust, Inc. (NYSE:RWT). Dreman Value Management L L C holds 0.11% of its portfolio in Redwood Trust, Inc. (NYSE:RWT) for 12,695 shares. The Minnesota-based Us Savings Bank De has invested 0% in Redwood Trust, Inc. (NYSE:RWT). Moreover, Private Management Grp Inc Incorporated has 0.89% invested in Redwood Trust, Inc. (NYSE:RWT). X Management Com Ltd Limited Liability Company holds 567,549 shares.

Analysts await Redwood Trust, Inc. (NYSE:RWT) to report earnings on May, 3. They expect $0.35 EPS, down 2.78% or $0.01 from last year’s $0.36 per share. RWT’s profit will be $26.49M for 11.11 P/E if the $0.35 EPS becomes a reality. After $0.35 actual EPS reported by Redwood Trust, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 6 analysts covering Redwood Trust (NYSE:RWT), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Redwood Trust has $20 highest and $14.50 lowest target. $17.08’s average target is 9.84% above currents $15.55 stock price. Redwood Trust had 12 analyst reports since August 10, 2015 according to SRatingsIntel. Maxim Group maintained the stock with “Buy” rating in Monday, November 16 report. The rating was downgraded by Nomura to “Neutral” on Tuesday, November 24. As per Friday, December 8, the company rating was upgraded by Wood. Nomura upgraded the shares of RWT in report on Wednesday, May 18 to “Buy” rating. The stock of Redwood Trust, Inc. (NYSE:RWT) has “Market Perform” rating given on Tuesday, July 19 by Wood. The rating was maintained by Deutsche Bank with “Buy” on Monday, March 14. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, November 8. The stock of Redwood Trust, Inc. (NYSE:RWT) earned “Hold” rating by Keefe Bruyette & Woods on Wednesday, June 28.

The stock increased 1.02% or $0.19 during the last trading session, reaching $18.84. About 1.40 million shares traded. La Quinta Holdings Inc. (NYSE:LQ) has risen 42.28% since April 4, 2017 and is uptrending. It has outperformed by 30.73% the S&P500.

La Quinta Holdings Inc. owns, operates, and franchises select-service hotels under the La Quinta brand. The company has market cap of $2.21 billion. As of December 31, 2016, the firm had 888 hotels with approximately 87,200 rooms under the La Quinta Inn, La Quinta Inn & Suites, and LQ Hotel brands in 48 states of the United States, as well as in Canada, Mexico, Honduras, and Colombia. It has a 14.49 P/E ratio. It serves the upper-midscale and midscale divisions.

Redwood Trust, Inc. (NYSE:RWT) Institutional Positions Chart