FBR & Co downgraded shares of Emergent Capital Inc. (NYSE:EMG) from an outperform rating to a market perform rating in a report released on Friday morning.

A number of other research firms also recently weighed in on EMG. Zacks Investment Research downgraded shares of Emergent Capital from a hold rating to a sell rating in a research note on Thursday, November 10th. TheStreet downgraded shares of Emergent Capital from a hold rating to a sell rating in a research note on Monday, August 22nd.

Shares of Emergent Capital (NYSE:EMG) remained flat at $1.84 during trading on Friday. 686 shares of the stock traded hands. Emergent Capital has a 12-month low of $1.84 and a 12-month high of $4.59. The company has a 50-day moving average price of $2.67 and a 200 day moving average price of $3.40.

Emergent Capital (NYSE:EMG) last announced its quarterly earnings data on Monday, November 7th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by $0.14. Emergent Capital had a negative net margin of 80.76% and a negative return on equity of 12.82%. Equities analysts predict that Emergent Capital will post ($1.36) EPS for the current year.

Large investors have recently added to or reduced their stakes in the company. TIG Advisors LLC acquired a new stake in Emergent Capital during the second quarter valued at about $1,170,000. Northern Trust Corp raised its stake in Emergent Capital by 1.3% in the third quarter. Northern Trust Corp now owns 45,759 shares of the company’s stock valued at $134,000 after buying an additional 604 shares during the last quarter. Context Capital Management LLC acquired a new stake in Emergent Capital during the second quarter valued at about $469,000. K2 Principal Fund L.P. acquired a new stake in Emergent Capital during the second quarter valued at about $1,142,000. Finally, Vanguard Group Inc. raised its stake in Emergent Capital by 2.4% in the second quarter. Vanguard Group Inc. now owns 824,908 shares of the company’s stock valued at $2,772,000 after buying an additional 19,110 shares during the last quarter. 52.32% of the stock is owned by institutional investors.

About Emergent Capital

Emergent Capital, Inc, formerly Imperial Holdings, Inc, is a specialty finance company that invests in asset classes, primarily life settlements. The Company, through its subsidiary companies, owns a portfolio of approximately 630 life insurance policies (life settlements). The Company purchases individual policies and portfolios of life insurance policies and manages those assets based on actuarial and market data.

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