New Residential Investment Corp. (NRZ) Reaches $16.23 Formed H&S; Allot Communications Ltd. (ALLT) Covered By 1 Bullish Analysts Last Week

Allot Communications Ltd. (NASDAQ:ALLT) Logo

New Residential Investment Corp. (NRZ) formed H&S with $15.26 target or 6.00% below today’s $16.23 share price. New Residential Investment Corp. (NRZ) has $5.46B valuation. The stock increased 0.31% or $0.05 during the last trading session, reaching $16.23. About 2.67 million shares traded. New Residential Investment Corp. (NYSE:NRZ) has risen 0.90% since April 4, 2017 and is uptrending. It has underperformed by 10.65% the S&P500.

Among 4 analysts covering Allot Communications (NASDAQ:ALLT), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Allot Communications had 6 analyst reports since September 1, 2015 according to SRatingsIntel. Wunderlich downgraded it to “Hold” rating and $5.50 target in Tuesday, May 3 report. The firm has “Buy” rating by Wunderlich given on Thursday, October 29. Oppenheimer maintained the stock with “Market Perform” rating in Tuesday, September 1 report. Oppenheimer maintained the shares of ALLT in report on Tuesday, August 1 with “Hold” rating. The firm earned “Hold” rating on Thursday, September 7 by Jefferies. The firm has “Buy” rating given on Wednesday, February 7 by Bank of America. See Allot Communications Ltd. (NASDAQ:ALLT) latest ratings:

07/02/2018 Broker: Bank of America Rating: Buy New Target: $6.1 Upgrade

Investors sentiment decreased to 1.31 in 2017 Q4. Its down 0.09, from 1.4 in 2017Q3. It dived, as 27 investors sold New Residential Investment Corp. shares while 68 reduced holdings. 36 funds opened positions while 88 raised stakes. 138.68 million shares or 3.46% less from 143.66 million shares in 2017Q3 were reported. Vantage Invest Advisors Ltd Liability Co invested 0% in New Residential Investment Corp. (NYSE:NRZ). Glob X Mngmt Ltd Liability Corp reported 701,271 shares. Dupont Cap Mgmt holds 267,400 shares. Usca Ria Ltd Co reported 11,800 shares. 471,090 are held by Panagora Asset Management. Exane Derivatives reported 206 shares. D E Shaw & Communications reported 74,724 shares. Sageworth Trust Communications invested in 0% or 1,000 shares. State Of Wisconsin Board invested in 62,899 shares. Wellington Shields Mgmt Ltd Liability Co has invested 0.09% in New Residential Investment Corp. (NYSE:NRZ). Barclays Plc, a United Kingdom-based fund reported 24,676 shares. Investec Asset Management holds 1.82 million shares or 0.13% of its portfolio. Jnba Fincl accumulated 1,200 shares. Investec Asset North America accumulated 63,059 shares. Advisory Ser Net Limited Liability Company stated it has 4,473 shares or 0.01% of all its holdings.

Analysts await New Residential Investment Corp. (NYSE:NRZ) to report earnings on May, 7. They expect $0.55 earnings per share, up 1.85% or $0.01 from last year’s $0.54 per share. NRZ’s profit will be $184.86 million for 7.38 P/E if the $0.55 EPS becomes a reality. After $0.61 actual earnings per share reported by New Residential Investment Corp. for the previous quarter, Wall Street now forecasts -9.84% negative EPS growth.

Among 8 analysts covering New Residential Investment Corp (NYSE:NRZ), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. New Residential Investment Corp has $19.25 highest and $15 lowest target. $17.79’s average target is 9.61% above currents $16.23 stock price. New Residential Investment Corp had 24 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Piper Jaffray on Monday, October 19. The firm earned “Outperform” rating on Thursday, January 18 by Wedbush. The firm has “Outperform” rating given on Wednesday, February 22 by FBR Capital. The firm earned “Buy” rating on Thursday, November 30 by Piper Jaffray. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, October 24. The firm has “Buy” rating by FBR Capital given on Monday, July 10. The stock of New Residential Investment Corp. (NYSE:NRZ) earned “Buy” rating by FBR Capital on Friday, June 23. Wedbush downgraded New Residential Investment Corp. (NYSE:NRZ) on Tuesday, June 20 to “Neutral” rating. The company was maintained on Monday, July 24 by Piper Jaffray. On Wednesday, October 26 the stock rating was initiated by Nomura with “Neutral”.

The stock increased 0.19% or $0.01 during the last trading session, reaching $5.39. About 13,691 shares traded. Allot Communications Ltd. (NASDAQ:ALLT) has risen 20.43% since April 4, 2017 and is uptrending. It has outperformed by 8.88% the S&P500.

Investors sentiment increased to 1.4 in 2017 Q4. Its up 0.20, from 1.2 in 2017Q3. It improved, as 3 investors sold Allot Communications Ltd. shares while 7 reduced holdings. 8 funds opened positions while 6 raised stakes. 12.44 million shares or 0.69% more from 12.36 million shares in 2017Q3 were reported. 120 are owned by Barclays Public Limited Co. Vanguard Gru owns 655,437 shares or 0% of their US portfolio. Jane Street Grp Ltd Llc holds 0% or 15,292 shares in its portfolio. Tower Capital Limited Liability Company (Trc) stated it has 0% in Allot Communications Ltd. (NASDAQ:ALLT). Bancorp Of Montreal Can reported 2,251 shares or 0% of all its holdings. 41,129 are owned by Essex Invest Ltd Liability Corporation. The Vermont-based Prentiss Smith Inc has invested 0.2% in Allot Communications Ltd. (NASDAQ:ALLT). Renaissance Lc holds 0% in Allot Communications Ltd. (NASDAQ:ALLT) or 850,700 shares. Natl Bank Of America De accumulated 0% or 474 shares. 84,553 are owned by Deutsche Bank & Trust Ag. Moreover, Clal Insurance Enterp Ltd has 0.31% invested in Allot Communications Ltd. (NASDAQ:ALLT) for 2.21 million shares. Fmr Limited Com stated it has 1.95M shares or 0% of all its holdings. Soros Fund Mngmt Ltd has 0.64% invested in Allot Communications Ltd. (NASDAQ:ALLT). Morgan Stanley holds 7,716 shares or 0% of its portfolio. Horrell Mngmt holds 223,067 shares or 0.62% of its portfolio.

Allot Communications Ltd. provides visibility, intelligence, security, and monetization solutions that enable service providers and enterprises to protect and personalize the digital experience worldwide. The company has market cap of $181.04 million. The firm offers various platforms, including Allot Service Gateway 9500, Allot Service Gateway Tera, Allot Service Gateway, and Allot NetEnforcer for in-line deployment in traditional and virtualized network access infrastructure. It currently has negative earnings. It also provides subscriber management platforms, such as Allot TierManager, Allot QuotaManager, Allot ChargeSmart, and Allot Smart Engage Onboarding that drive centralized creation, provisioning, and pricing of subscriber services; and analytics solutions comprising Allot ClearSee Analytics and Allot ClearSee Data Source that analyze traffic data.

New Residential Investment Corp. (NYSE:NRZ) Ratings Chart