Campbell Newman Asset Management Decreased Its Exxonmobil Corp. (XOM) Position; New York Mortgage Trust (NYMT) Has 2.03 Sentiment

July 17, 2017 - By Peter Erickson

New York Mortgage Trust, Inc. is a real estate investment trust . The company has market cap of $702.40 million. The Firm is engaged in the business of acquiring, investing in, financing and managing primarily mortgage-related assets and financial assets. It has a 12.5 P/E ratio. The Company’s investment portfolio includes residential mortgage loans, including second mortgages and loans sourced from distressed markets, non-agency residential mortgage-backed securities (RMBS), multi-family commercial mortgage-backed securities, preferred equity and joint venture equity investments in, and mezzanine loans to, owners of multi-family properties, equity and debt securities issued by entities that invest in residential and commercial real estate and agency RMBS.

Campbell Newman Asset Management Inc decreased Exxonmobil Corp. (XOM) stake by 10.74% reported in 2016Q4 SEC filing. Campbell Newman Asset Management Inc sold 24,089 shares as Exxonmobil Corp. (XOM)’s stock rose 0.21%. The Campbell Newman Asset Management Inc holds 200,288 shares with $18.08 million value, down from 224,377 last quarter. Exxonmobil Corp. now has $345.72 billion valuation. The stock increased 0.38% or $0.31 during the last trading session, reaching $81.28. About 900 shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since July 17, 2016 and is downtrending. It has underperformed by 25.78% the S&P500.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on July, 28 before the open. They expect $0.88 earnings per share, up 114.63% or $0.47 from last year’s $0.41 per share. XOM’s profit will be $3.74B for 23.09 P/E if the $0.88 EPS becomes a reality. After $0.95 actual earnings per share reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts -7.37% negative EPS growth.

Investors sentiment decreased to 0.83 in Q4 2016. Its down 0.04, from 0.87 in 2016Q3. It fall, as 58 investors sold XOM shares while 851 reduced holdings. 104 funds opened positions while 652 raised stakes. 2.08 billion shares or 2.44% more from 2.03 billion shares in 2016Q3 were reported. Davis holds 1.91% or 29,751 shares. Td Asset Management holds 3.41 million shares or 0.52% of its portfolio. Cwm Ltd Liability has invested 2.06% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). John G Ullman & Associate holds 180,670 shares or 3.42% of its portfolio. Teachers Insurance Annuity Association Of America has invested 0.61% in Exxon Mobil Corporation (NYSE:XOM). 54,236 are owned by Howe Rusling Incorporated. Brookfield Asset Mgmt reported 56,000 shares stake. Telos reported 41,807 shares. Northstar Gru Inc stated it has 2% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Geneva Limited Com holds 0.22% or 123,869 shares. United Asset Strategies has 2.47% invested in Exxon Mobil Corporation (NYSE:XOM) for 84,015 shares. Global X Mgmt Limited Com reported 0.07% stake. Empirical Fincl Service Ltd holds 0.13% or 6,032 shares in its portfolio. Sfe Invest Counsel accumulated 0.22% or 6,827 shares. Wealthtrust reported 0.19% in Exxon Mobil Corporation (NYSE:XOM).

Among 23 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 5 Sell and 8 Hold. Therefore 43% are positive. Exxon Mobil had 54 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Underperform” rating by Macquarie Research given on Wednesday, September 23. On Monday, October 12 the stock rating was upgraded by Barclays Capital to “Equal-Weight”. On Wednesday, January 11 the stock rating was downgraded by Wells Fargo to “Market Perform”. Credit Suisse upgraded the stock to “Neutral” rating in Thursday, March 2 report. The stock has “Hold” rating by BMO Capital Markets on Monday, May 1. The rating was upgraded by Vetr on Thursday, August 20 to “Buy”. Credit Suisse maintained it with “Underperform” rating and $78 target in Monday, May 2 report. The firm has “Buy” rating by Scotia Capital given on Monday, June 5. Goldman Sachs downgraded the shares of XOM in report on Monday, October 31 to “Neutral” rating. The firm has “Hold” rating given on Friday, June 23 by Jefferies.

Ratings analysis reveals 50% of New York Mortgage Trust’s analysts are positive. Out of 2 Wall Street analysts rating New York Mortgage Trust, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $6.25 while the high is $7.0. The stock’s average target of $6.63 is 6.25% above today’s ($6.24) share price. NYMT was included in 2 notes of analysts from October 10, 2016. Maxim Group maintained New York Mortgage Trust Inc (NASDAQ:NYMT) on Monday, December 19 with “Buy” rating. The company was initiated on Monday, October 10 by FBR Capital.

Global X Management Co Llc holds 0.43% of its portfolio in New York Mortgage Trust Inc for 1.47 million shares. Ativo Capital Management Llc owns 131,136 shares or 0.2% of their US portfolio. Moreover, Highlander Capital Management Llc has 0.14% invested in the company for 24,250 shares. The Pennsylvania-based Wealthtrust Axiom Llc has invested 0.13% in the stock. Investors Asset Management Of Georgia Inc Ga Adv, a Georgia-based fund reported 25,000 shares.

Analysts await New York Mortgage Trust Inc (NASDAQ:NYMT) to report earnings on August, 1. They expect $0.14 earnings per share, up 40.00% or $0.04 from last year’s $0.1 per share. NYMT’s profit will be $15.76 million for 11.14 P/E if the $0.14 EPS becomes a reality. After $0.14 actual earnings per share reported by New York Mortgage Trust Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The stock increased 0.65% or $0.04 on July 14, reaching $6.24. About shares traded. New York Mortgage Trust Inc (NYMT) has risen 9.11% since July 17, 2016 and is uptrending. It has underperformed by 7.59% the S&P500.

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