Stock of The Day: Here is What Institutional Investors Think About Orchid Island Capital Inc (NYSE:ORC)

November 16, 2016 - By Winifred Garcia   ·   0 Comments

Stock of The Day: Here is What Institutional Investors Think About Orchid Island Capital Inc (NYSE:ORC)

Sentiment for Orchid Island Capital Inc (NYSE:ORC)

Orchid Island Capital Inc (NYSE:ORC) institutional sentiment decreased to 1 in 2016 Q2. Its down -0.04, from 1.04 in 2016Q1. The ratio worsened, as 27 institutional investors opened new or increased stock positions, while 27 reduced and sold their positions in Orchid Island Capital Inc. The institutional investors in our partner’s database now have: 4.10 million shares, down from 4.43 million shares in 2016Q1. Also, the number of institutional investors holding Orchid Island Capital Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 11 Reduced: 16 Increased: 19 New Position: 8.

Orchid Island Capital, Inc. is a specialty finance firm that invests in residential mortgage-backed securities (RMBS). The company has a market cap of $284.05 million. The Company’s business objective is to provide risk-adjusted total returns to its investors over the long term through a combination of capital appreciation and the payment of regular monthly distributions. It has a 8.37 P/E ratio. The Company’s portfolio consists of two categories of Agency RMBS: traditional pass-through Agency RMBS and structured Agency RMBS.

The stock closed at $10.8 during the last session. It is down 1.50% since April 14, 2016 and is uptrending. It has underperformed by 3.18% the S&P500.

According to Zacks Investment Research, “Orchid Island Capital, Inc. is a specialty finance company that invests in residential mortgage-backed securities the principal and interest payments of which are guaranteed by a U.S. Government agency or a U.S. Government-sponsored entity. The Company intends to qualify and will elect to be taxed as a REIT commencing with its taxable year ending December 31, 2013. Orchid Island Capital, Inc. is based in United States.”

Menta Capital Llc holds 0.08% of its portfolio in Orchid Island Capital Inc for 55,348 shares. Cetera Advisors Llc owns 46,451 shares or 0.04% of their US portfolio. Moreover, Advisory Services Network Llc has 0.01% invested in the company for 4,810 shares. The New York-based Indexiq Advisors Llc has invested 0.01% in the stock. Ladenburg Thalmann Financial Services Inc, a Florida-based fund reported 73,915 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 1 insider purchase, and 0 sales for $319 net activity.

ORC Company Profile

Orchid Island Capital, Inc. (Orchid), incorporated on August 17, 2010, is a specialty finance firm that invests in residential mortgage-backed securities (RMBS). The Company’s business objective is to provide risk-adjusted total returns to its investors over the long term through a combination of capital appreciation and the payment of regular monthly distributions. The Company’s portfolio consists of two categories of Agency RMBS: traditional pass-through Agency RMBS and structured Agency RMBS. The Firm operates as a real estate investment trust (REIT). The Firm is managed and advised by Bimini Advisors, LLC.

More notable recent Orchid Island Capital Inc (NYSE:ORC) news were published by: Nasdaq.com which released: “Orchid Island Capital, Inc. (ORC) Ex-Dividend Date Scheduled for October 25, 2016” on October 24, 2016, also Marketwatch.com with their article: “Orchid Island Capital Inc.” published on May 18, 2011, Reuters.com published: “BRIEF-Orchid Island Capital says estimated book value per share was $11.21” on October 12, 2016. More interesting news about Orchid Island Capital Inc (NYSE:ORC) were released by: Globenewswire.com and their article: “Orchid Island Capital Announces October 2016 Monthly Dividend and September 30 …” published on October 12, 2016 as well as Globenewswire.com‘s news article titled: “Orchid Island Capital Announces November 2016 Monthly Dividend and October 31 …” with publication date: November 09, 2016.

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By Winifred Garcia


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