Market News

The Cato (CATO) Reaches $12.61 After 8.00% Up Move; Redwood Trust (RWT) Shorts Increased By 1.14%

The stock of The Cato Corporation (NYSE:CATO) is a huge mover today! The stock increased 4.60% or $0.55 during the last trading session, reaching $12.61. About 190,517 shares traded. The Cato Corporation (NYSE:CATO) has declined 41.89% since March 13, 2017 and is downtrending. It has underperformed by 58.59% the S&P500.The move comes after 5 months positive chart setup for the $305.32 million company. It was reported on Mar, 13 by We have $13.62 PT which if reached, will make NYSE:CATO worth $24.43M more.

Redwood Trust Inc (NYSE:RWT) had an increase of 1.14% in short interest. RWT’s SI was 3.13 million shares in March as released by FINRA. Its up 1.14% from 3.10 million shares previously. With 521,700 avg volume, 6 days are for Redwood Trust Inc (NYSE:RWT)’s short sellers to cover RWT’s short positions. The SI to Redwood Trust Inc’s float is 4.17%. The stock decreased 0.32% or $0.05 during the last trading session, reaching $15.51. About 297,913 shares traded. Redwood Trust, Inc. (NYSE:RWT) has risen 20.96% since March 13, 2017 and is uptrending. It has outperformed by 4.26% the S&P500.

The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories in the southeastern United States. The company has market cap of $305.32 million. It operates through two divisions, Retail and Credit. It has a 29.47 P/E ratio. The companyÂ’s stores and e-commerce Website offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags for women.

Analysts await The Cato Corporation (NYSE:CATO) to report earnings on March, 15. They expect $-0.60 EPS, down 25.00% or $0.12 from last year’s $-0.48 per share. After $0.11 actual EPS reported by The Cato Corporation for the previous quarter, Wall Street now forecasts -645.45% negative EPS growth.

Since February 9, 2018, it had 1 buying transaction, and 0 sales for $1,132 activity. Shares for $1,132 were bought by CATO JOHN P D.

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.23, from 1.16 in 2017Q2. It dropped, as 14 investors sold The Cato Corporation shares while 44 reduced holdings. 25 funds opened positions while 42 raised stakes. 19.76 million shares or 4.48% less from 20.68 million shares in 2017Q2 were reported. Federated Investors Incorporated Pa reported 0% stake. Sei Co holds 0% or 334 shares. Advisory Networks holds 0% in The Cato Corporation (NYSE:CATO) or 30 shares. Swiss Bank has 0% invested in The Cato Corporation (NYSE:CATO). Ny State Common Retirement Fund holds 26,300 shares. Dean Investment Associate Limited Liability Com owns 170,190 shares or 0.34% of their US portfolio. Aperio Gp Ltd Co has 0% invested in The Cato Corporation (NYSE:CATO) for 34,030 shares. James Investment Research Incorporated owns 19,000 shares. Tower Capital Ltd (Trc) holds 6,023 shares or 0.01% of its portfolio. Jefferies Gru Ltd, a New York-based fund reported 11,343 shares. Koch holds 0.03% or 10,484 shares. 100,835 were reported by Denver Advsrs Ltd Co. Moreover, Arizona State Retirement System has 0% invested in The Cato Corporation (NYSE:CATO). Highbridge Cap Management Limited Liability Com holds 15,565 shares. Comerica Savings Bank stated it has 25,107 shares.

Investors sentiment increased to 1.02 in Q3 2017. Its up 0.07, from 0.95 in 2017Q2. It increased, as 11 investors sold Redwood Trust, Inc. shares while 47 reduced holdings. 17 funds opened positions while 38 raised stakes. 63.50 million shares or 0.32% more from 63.30 million shares in 2017Q2 were reported. Metropolitan Life Insurance owns 49,653 shares for 0.01% of their portfolio. Schwab Charles Invest Mngmt Inc invested in 559,403 shares or 0.01% of the stock. 80,550 were accumulated by Montag A And Assoc Inc. Millennium Limited Com invested in 739,326 shares. Saratoga Investment Mgmt reported 800 shares or 0.01% of all its holdings. Bancorp Of Ny Mellon accumulated 0% or 1.08 million shares. Perigon Wealth Mngmt Lc stated it has 0.01% of its portfolio in Redwood Trust, Inc. (NYSE:RWT). Bnp Paribas Arbitrage Sa holds 0% of its portfolio in Redwood Trust, Inc. (NYSE:RWT) for 15,168 shares. Tortoise Management Limited Liability stated it has 200 shares. Price T Rowe Assocs Md holds 0.01% of its portfolio in Redwood Trust, Inc. (NYSE:RWT) for 2.00 million shares. State Of New Jersey Common Pension Fund D reported 105,000 shares or 0.01% of all its holdings. The Switzerland-based Swiss State Bank has invested 0% in Redwood Trust, Inc. (NYSE:RWT). Van Eck Assoc reported 275,541 shares. Voya Inv Mngmt Ltd Liability Com stated it has 0.02% of its portfolio in Redwood Trust, Inc. (NYSE:RWT). Eqis Capital holds 0.02% or 17,959 shares in its portfolio.

Among 6 analysts covering Redwood Trust (NYSE:RWT), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Redwood Trust had 12 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, June 28 by Keefe Bruyette & Woods. Nomura upgraded Redwood Trust, Inc. (NYSE:RWT) on Wednesday, May 18 to “Buy” rating. The stock of Redwood Trust, Inc. (NYSE:RWT) earned “Market Perform” rating by Wood on Tuesday, July 19. As per Wednesday, November 8, the company rating was maintained by Deutsche Bank. As per Monday, March 14, the company rating was maintained by Deutsche Bank. The rating was downgraded by Nomura on Tuesday, November 24 to “Neutral”. The firm earned “Buy” rating on Monday, November 16 by Maxim Group. Wood upgraded the stock to “Outperform” rating in Friday, December 8 report.

Leave a Reply

Your email address will not be published. Required fields are marked *