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Wunderlich Upgrades Western Asset Mortgage To Buy, Likes Sustained Dividend
Friday, August 5, 2016 - 9:14am | 312Read More...Wunderlich has upgraded Western Asset Mortgage Capital Corp (NYSE: WMC) to Buy from Hold on sustained dividend and lower volatility in book value per share (BVPS). After six successive quarterly dividend cuts, the company announced in late June a second-quarter dividend of $0.31, and Wunderlich...
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Wunderlich Downgrades Western Asset To Sell
Tuesday, May 10, 2016 - 1:21pm | 296Read More...Western Asset Mortgage Capital Corp (NYSE: WMC) reported a nearly 11 percent sequential contraction in BVPS, and its core EPS significantly missed expectations. Wunderlich’s Merrill Ross downgraded the rating for the company from Hold to Sell, while reducing the price target from $10 to $8....
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Wunderlich Initiates 'Innovative' Monroe Capital At Buy
Thursday, May 28, 2015 - 8:41am | 240Read More...In a report published Thursday, Wunderlich analyst Merrill Ross initiated coverage of Monroe Capital Corp (NASDAQ: MRCC) with a Buy rating and $15.50 price target. The analyst expects the company to deliver consistent dividends, along with appreciation in its portfolio investments. "Unlike other...
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Wunderlich Securities Adjusts Estimates For Capital Raise For Hercules Technology Growth Capital
Monday, March 30, 2015 - 9:35am | 165Read More...In a report published Monday, Wunderlich Securities analyst Merrill Ross reiterated a Buy rating and $16.00 price target on Hercules Technology Growth Capital, Inc. (NYSE: HTGC). In the report, Wunderlich Securities noted, "Buy-rated Hercules Technology Growth Capital (HTGC), which reached a...
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Wunderlich Securities Upgrades Horizon Technology Finance On Potential For Dividend Coverage And NAV Appreciation In 2H15
Thursday, March 12, 2015 - 9:32am | 180Read More...In a report published Thursday, Wunderlich Securities analyst Merrill Ross upgraded the rating on Horizon Technology Finance Corp. (NASDAQ: HRZN) from Hold to Buy, and raised the price target from $14.50 to $15.00. In the report, Wunderlich Securities noted, "We are upgrading our rating on the...
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Wunderlich Securities Reiterates Hold, Lowers PT On TCP Capital On Slower Capital Deployment
Wednesday, March 11, 2015 - 9:12am | 178Read More...In a report published Wednesday, Wunderlich Securities analyst Merrill Ross reiterated a Hold rating on TCP Capital Corp. (NASDAQ: TCPC), but lowered the price target from $17.50 to $16.00. In the report, Wunderlich Securities noted, "Hold-rated TCP Capital (TCPC) reported full-year results that...
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MFA Financial Represents A Core Holding If Housing Market Remains Sustainable
Friday, February 13, 2015 - 9:50am | 137Read More...In a report published Friday, Wunderlich Securities analyst Merrill Ross reiterated a Hold rating and $8.00 price target on MFA Financial (NYSE: MFA). In the report, Wunderlich Securities noted, "Hold-rated MFA Financial (MFA) reported 4Q14 EPS of $0.20, in line with dividends and our estimate. MFA...
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Wunderlich Securities Reiterates Buy, Lowers Price Target On Prospect Capital On Stable NAV Despite Significant Portfolio Cleanup
Monday, February 9, 2015 - 10:00am | 173Read More...In a report published Monday, Wunderlich Securities analyst Merrill Ross reiterated a Buy rating on Prospect Capital Corporation (NASDAQ: PSEC), but lowered the price target from $13.00 to $11.50. In the report, Wunderlich Securities noted, "Buy-rated Prospect Capital (PSEC) reported net investment...
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UPDATE: Wunderlich Securities Initiates Coverage On Eagle Point Credit Company On Structured Investments In Leveraged Loans
Wednesday, January 7, 2015 - 9:52am | 171Read More...In a report published Wednesday, Wunderlich Securities analyst Merrill Ross initiated coverage on Eagle Point Credit Company Inc (NYSE: ECC) with a Buy rating and $23.00 price target. In the report, Wunderlich Securities noted, “We are initiating coverage of Eagle Point Credit Company Inc. (ECC)...
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UPDATE: Wunderlich Securities Initiates Coverage On StoneCastle Financial On Investing In Healthy Community Banks
Wednesday, January 7, 2015 - 9:44am | 154Read More...In a report published Wednesday, Wunderlich Securities analyst Merrill Ross initiated coverage on StoneCastle Financial Corp. (NASDAQ: BANX) with a Buy rating and $22.00 price target. In the report, Wunderlich Securities noted, “We are initiating coverage of StoneCastle Financial Corp. (BANX) with...
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UPDATE: Wunderlich Securities Reiterates On Western Asset Mortgage Capital On Lowering Estimates on Flatter Yield Curve
Friday, November 7, 2014 - 10:57am | 164Read More...In a report published Friday, Wunderlich Securities analyst Merrill Ross reiterated a Hold rating on Western Asset Mortgage Capital Corporation (NYSE: WMC), but lowered the price target from $15.00 to $14.50. In the report, Wunderlich Securities noted, “Hold-rated Western Asset Mortgage Capital...
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Wunderlich Securities Increases Estimates On Whitestone REIT On Accretive Acquisition
Thursday, September 25, 2014 - 9:13am | 155Read More...In a report published Thursday, Wunderlich Securities analyst Merrill Ross reiterated a Buy rating and $17.50 price target on Whitestone REIT (NYSE: WSR). In the report, Wunderlich Securities noted, “Buy-rated Whitestone REIT (WSR) announced the purchase of a 90% leased Class A community shopping...
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UPDATE: Wunderlich Securities Initiates Coverage On Fifth Street Finance Corp. As Value Creation Is On The Uptick
Thursday, September 11, 2014 - 10:56am | 156Read More...In a report published Thursday, Wunderlich Securities analyst Merrill Ross initiated coverage on Fifth Street Finance Corp. (NASDAQ: FSC) with a Buy rating and $10.50 price target. In the report, Wunderlich Securities noted, “We are initiating coverage of Fifth Street Capital Corp. (FSC) with a Buy...
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Wunderlich Securities Sees Prospect Capital As Back On The Hunt For Portfolio Growth
Tuesday, September 2, 2014 - 8:21am | 162Read More...In a report published Tuesday, Wunderlich Securities analyst Merrill Ross reiterated a Buy rating and $13.00 price target on Prospect Capital (NASDAQ: PSEC). In the report, Wunderlich Securities noted, “Buy-rated Prospect Capital (PSEC) reported June quarter NII of $0.25 per weighted average share...
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Wunderlich Securities Sees Unique Drivers Of Value Creation For Garrison Capital
Friday, August 15, 2014 - 9:07am | 139Read More...In a report published Friday, Wunderlich Securities analyst Merrill Ross reiterated a Buy rating and $16.50 price target on Garrison Capital (NASDAQ: GARS). In the report, Wunderlich Securities noted, “Garrison Capital Inc. (GARS) reported NII at the higher end of the range of pre-released summary...
