November 18, 2016 - By Ellis Scott · 0 Comments
Impac Mortgage Holdings Inc (NYSEMKT:IMH) institutional sentiment increased to 1.94 in Q2 2016. Its up 1.44, from 0.5 in 2016Q1. The ratio is positive, as 12 institutional investors increased and opened new stock positions, while 24 reduced and sold stakes in Impac Mortgage Holdings Inc. The institutional investors in our partner’s database now possess: 1.61 million shares, down from 1.77 million shares in 2016Q1. Also, the number of institutional investors holding Impac Mortgage Holdings Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 19 Increased: 9 New Position: 3.
Impac Mortgage Holdings, Inc. is an independent residential mortgage lender. The company has a market cap of $231.21 million. The Firm operates through three divisions: Mortgage Lending, Real Estate Services and Long-Term Mortgage Portfolio. It has a 4.72 P/E ratio. It originates, sells and services conventional, conforming agency and Government insured residential mortgage loans.
The stock closed at $14.13 during the last session. It is down 4.01% since April 18, 2016 and is downtrending. It has underperformed by 8.44% the S&P500.
According to Zacks Investment Research, “Impac Mortgage Holdings, Inc. is a mortgage real estate investment trust, which, together with its subsidiaries and related companies, primarily operates three businesses: (1) the Long-Term Investment Operations, (2) the Mortgage Operations, and (3) the Warehouse Lending Operations.”
Salzhauer Michael holds 1.38% of its portfolio in IMPAC Mortgage Holdings, Inc for 109,172 shares. Bridgeway Capital Management Inc owns 238,400 shares or 0.06% of their US portfolio. Moreover, Zweig has 0.04% invested in the company for 27,930 shares. The New York-based Sg Americas Securities Llc has invested 0.01% in the stock. Tudor Investment Corp Et Al, a Connecticut-based fund reported 15,899 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 9 insider purchases, and 0 insider sales for $12.24 million net activity.
Impac Mortgage Holdings, Inc., incorporated on August 28, 1995, is an independent residential mortgage lender. The Firm operates through three divisions: Mortgage Lending, Real Estate Services and Long-Term Mortgage Portfolio. The Company’s Corporate segment includes all corporate services groups, including information technology, human resources, legal, facilities, accounting, treasury and corporate administration. It originates, sells and services residential mortgage loans. It originates conventional mortgage loans eligible for sale to the United States Government-sponsored enterprises (GSEs), including Fannie Mae, Freddie Mac (conventional loans) and government-insured mortgage loans eligible for government securities issued through Ginnie Mae (government loans). It operates as a residential mortgage lender and is focused on its mortgage lending platform providing conventional and government-insured mortgage loans.
More notable recent IMPAC Mortgage Holdings, Inc (NYSEMKT:IMH) news were published by: Globenewswire.com which released: “Impac Mortgage Holdings, Inc. Announces Pricing of Follow-On Offering of …” on September 16, 2016, also Globenewswire.com with their article: “Impac Mortgage Holdings, Inc. Announces Third Quarter 2016 Results” published on November 02, 2016, Quotes.Wsj.com published: “News IMPAC Mortgage Holdings Inc.IMH” on February 11, 2011. More interesting news about IMPAC Mortgage Holdings, Inc (NYSEMKT:IMH) were released by: Businesswire.com and their article: “Impac Mortgage Holdings, Inc. Announces Acquisition of CashCall’s Mortgage …” published on January 08, 2015 as well as Prnewswire.com‘s news article titled: “Impac Mortgage Holdings, Inc. Announces Year End 2015 Results” with publication date: February 18, 2016.
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By Ellis Scott