This is what analysts have to say about Redwood Trust, Inc. (NYSE:RWT) after last week.

August 9, 2018 - By Richard Slagle

Redwood Trust, Inc. (NYSE:RWT) LogoInvestors sentiment decreased to 0.65 in Q1 2018. Its down 0.37, from 1.02 in 2017Q4. It dropped, as 18 investors sold Redwood Trust, Inc. shares while 47 reduced holdings. 9 funds opened positions while 33 raised stakes. 63.21 million shares or 0.88% more from 62.66 million shares in 2017Q4 were reported.
Lsv Asset Management reported 0.01% stake. Ubs Asset Mgmt Americas Inc holds 61,059 shares. Aqr Mngmt Limited Liability Corporation has 129,506 shares. First Tru Advsrs Limited Partnership holds 337,987 shares or 0.01% of its portfolio. Bancorp Of Mellon Corporation owns 0.01% invested in Redwood Trust, Inc. (NYSE:RWT) for 1.54 million shares. Bnp Paribas Arbitrage Sa holds 16,381 shares or 0% of its portfolio. X Mgmt Co Ltd Liability Co holds 0.24% of its portfolio in Redwood Trust, Inc. (NYSE:RWT) for 792,304 shares. Principal Inc invested in 83,557 shares or 0% of the stock. Citadel Advsrs Lc reported 415,922 shares or 0% of all its holdings. Blackrock has 6.58M shares for 0% of their portfolio. Goldman Sachs reported 0% stake. Eqis Cap Mgmt reported 0.02% in Redwood Trust, Inc. (NYSE:RWT). Voya Inv Mgmt accumulated 1.08 million shares. Tiaa Cref Management Lc has invested 0% in Redwood Trust, Inc. (NYSE:RWT). Moreover, Utd Ser Automobile Association has 0% invested in Redwood Trust, Inc. (NYSE:RWT).

Redwood Trust, Inc. (NYSE:RWT) Ratings Coverage

Among 2 analysts covering Redwood Trust (NYSE:RWT), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Redwood Trust has $18 highest and $18 lowest target. $18’s average target is 12.92% above currents $15.94 stock price. Redwood Trust had 2 analyst reports since May 8, 2018 according to SRatingsIntel. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, May 8 report. Below is a list of Redwood Trust, Inc. (NYSE:RWT) latest ratings and price target changes.

24/07/2018 Broker: Compass Point Rating: Neutral New Target: $18 Initiates Coverage On
08/05/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $17 New Target: $18 Maintain

The stock decreased 1.42% or $0.23 during the last trading session, reaching $15.94. About 1.73 million shares traded or 54.71% up from the average. Redwood Trust, Inc. (NYSE:RWT) has declined 3.06% since August 9, 2017 and is downtrending. It has underperformed by 15.63% the S&P500.

Redwood Trust, Inc., together with its subsidiaries, engages in mortgage banking activities in the United States. The company has market cap of $1.32 billion. The firm operates through three divisions: Residential Investments, Residential Mortgage Banking, and Commercial. It has a 9.74 P/E ratio. The Residential Investments segment offers a portfolio of investments in residential mortgage-backed securities retained from Sequoia securitizations and issued by third parties and other credit risk-related investments; residential loans held for investment; mortgage servicing rights associated with residential loans; and derivative financial instruments to manage risks associated with residential loans.

Another recent and important Redwood Trust, Inc. (NYSE:RWT) news was published by Seekingalpha.com which published an article titled: “Redwood Trust’s (RWT) CEO Chris Abate on Q2 2018 Results – Earnings Call Transcript” on August 08, 2018.

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

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