OxFORD Asset Management LLP grew its holdings in Sutherland Asset Management Corp. (NYSE:SLD) by 47.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,959 shares of the real estate investment trust’s stock after purchasing an additional 6,740 shares during the period. OxFORD Asset Management LLP owned about 0.07% of Sutherland Asset Management Corp. worth $311,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. West Family Investments Inc. raised its holdings in shares of Sutherland Asset Management Corp. by 12.4% in the second quarter. West Family Investments Inc. now owns 585,123 shares of the real estate investment trust’s stock valued at $8,252,000 after purchasing an additional 64,694 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Sutherland Asset Management Corp. by 9.6% in the second quarter. Vanguard Group Inc. now owns 584,411 shares of the real estate investment trust’s stock valued at $8,678,000 after purchasing an additional 51,266 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Sutherland Asset Management Corp. by 965.2% in the second quarter. Northern Trust Corp now owns 180,005 shares of the real estate investment trust’s stock valued at $2,674,000 after purchasing an additional 163,107 shares during the last quarter. Morgan Stanley raised its holdings in shares of Sutherland Asset Management Corp. by 1,538.6% in the first quarter. Morgan Stanley now owns 75,803 shares of the real estate investment trust’s stock valued at $1,095,000 after purchasing an additional 71,177 shares during the last quarter. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of Sutherland Asset Management Corp. in the first quarter valued at approximately $977,000. Institutional investors own 30.23% of the company’s stock.

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Sutherland Asset Management Corp. (NYSE:SLD) opened at 15.90 on Monday. Sutherland Asset Management Corp. has a 1-year low of $12.40 and a 1-year high of $16.10. The company has a market capitalization of $508.74 million, a PE ratio of 8.85 and a beta of 0.69. The company has a 50 day moving average of $15.80 and a 200 day moving average of $15.03.

Sutherland Asset Management Corp. (NYSE:SLD) last released its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01. The business had revenue of $6.92 million during the quarter, compared to analyst estimates of $16.68 million. Sutherland Asset Management Corp. had a return on equity of 8.19% and a net margin of 42.38%. On average, analysts predict that Sutherland Asset Management Corp. will post $1.36 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, October 20th. Investors of record on Friday, September 29th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 9.31%. The ex-dividend date of this dividend was Thursday, September 28th. Sutherland Asset Management Corp.’s payout ratio is currently 77.08%.

Several research firms recently weighed in on SLD. Zacks Investment Research raised shares of Sutherland Asset Management Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, September 14th. FBR & Co raised shares of Sutherland Asset Management Corp. from a “market perform” rating to an “outperform” rating and raised their target price for the company from $15.50 to $16.00 in a research note on Monday, August 7th. Finally, Keefe, Bruyette & Woods began coverage on shares of Sutherland Asset Management Corp. in a research note on Thursday, September 28th. They issued a “market perform” rating and a $16.00 target price for the company.

About Sutherland Asset Management Corp.

Sutherland Asset Management Corporation, formerly ZAIS Financial Corp., is a diversified mortgage real estate investment trust (REIT). The Company originates, acquires, finances, services and manages small balance commercial loans (SBC) and Small Business Administration (SBA) loans. The Company focuses on maintaining its existing residential mortgage origination platform, GMFS.

Institutional Ownership by Quarter for Sutherland Asset Management  Corp. (NYSE:SLD)

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