Stock On Watch: Federal National Mortgage Association Fannie Mae (OTCMKTS:FNMA) Quarterly Sentiment Change Report

November 17, 2016 - By Marguerite Chambers   ·   0 Comments

Stock On Watch: Federal National Mortgage Association Fannie Mae (OTCMKTS:FNMA) Quarterly Sentiment Change Report

Sentiment for Federal National Mortgage Association Fannie Mae (OTCMKTS:FNMA)

Federal National Mortgage Association Fannie Mae (OTCMKTS:FNMA) institutional sentiment increased to 1.33 in 2016 Q2. Its up 0.08, from 1.25 in 2016Q1. The ratio has improved, as 4 funds increased or started new positions, while 3 trimmed and sold stock positions in Federal National Mortgage Association Fannie Mae. The funds in our partner’s database now have: 3.02 million shares, up from 2.93 million shares in 2016Q1. Also, the number of funds holding Federal National Mortgage Association Fannie Mae in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 1 Increased: 1 New Position: 3.

Federal National Mortgage Association is a government-sponsored enterprise chartered by the Congress. The company has a market cap of $3.64 billion. The Firm supports liquidity and stability in the secondary mortgage market where mortgage related assets are purchased and sold. It has a 166.67 P/E ratio. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage backed securities (Fannie Mae MBS) and purchasing mortgage loans and mortgage-related securities, primarily for securitization and sale later.

About 19.25M shares traded hands or 151.31% up from the average. Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA) has risen 74.42% since April 15, 2016 and is uptrending. It has outperformed by 69.79% the S&P500.

According to Zacks Investment Research, “Fannie Mae is the largest non-bank financial services company in the world. It operates pursuant to a federal charter and is one of the nation’s largest sources of financing for home mortgages. Fannie Mae is working to shrink the nation’s homeownership gaps through an American Dream Commitment to increase homeownership rates and serve targeted American families by the end of the decade. (Company Press Release)”

William Harris Investors Inc holds 0.33% of its portfolio in Federal National Mortgage Assctn Fnni Me for 653,403 shares. Geduld E E owns 120,000 shares or 0.32% of their US portfolio. Moreover, Vnbtrust National Association has 0.32% invested in the company for 269,775 shares. The California-based Messner & Smith Theme Value Investment Management Ltd Ca has invested 0.13% in the stock. Capwealth Advisors Llc, a Tennessee-based fund reported 100,000 shares.#img1#

FNMA Company Profile

Federal National Mortgage Association (Fannie Mae) is a government-sponsored enterprise (GSE) chartered by the Congress. The Firm supports liquidity and stability in the secondary mortgage market where mortgage related assets are purchased and sold. The Company’s activities include providing mortgage credit and indirectly enabling families to buy, refinance or rent homes. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage backed securities (Fannie Mae MBS) and purchasing mortgage loans and mortgage-related securities, primarily for securitization and sale later. Fannie Mae operates in three business divisions: Single-Family Credit Guaranty, Multifamily and Capital Markets. The Company’s Single-Family Credit Guaranty and Multifamily businesses work with its lender clients to purchase and securitize mortgage loans clients deliver to the Company into Fannie Mae MBS. The Firm obtains funds to support its business activities by issuing a range of debt securities in the domestic and international capital markets. Fannie Mae conducts its business in the United States residential mortgage market and the global securities market.

Another recent and important Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA) news was published by Livetradingnews.com which published an article titled: “Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA) Headed Lower” on August 10, 2016.

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By Marguerite Chambers


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