As Redwood Tr INC (RWT) Shares Declined, Weitz Investment Management INC Decreased Stake

Redwood Trust, Inc. (NYSE:RWT) Corporate LogoDuring 2018 Q3 the big money sentiment increased to 1.71. That’s change of 0.62, from 2018Q2’s 1.09. 19 investors sold all, 32 reduced holdings as RWT ratio increased. 49 rose positions while 38 funds amassed positions. Funds hold 74.21 million shares thus 14.78% more from 2018Q2’s 64.66 million shares. Lpl Financial Ltd Com invested in 27,289 shs or 0% of the stock. Sg Americas Securities Lc stated it has 102,561 shs. Cap Ww Investors reported 0.02% in Redwood Trust, Inc. (NYSE:RWT). Country Club Trust Na has invested 0.03% of its capital in Redwood Trust, Inc. (NYSE:RWT). Pnc Fincl Group Inc owns 0% invested in Redwood Trust, Inc. (NYSE:RWT) for 7,027 shs. Moreover, Guggenheim Limited Liability Com has 0.04% invested in Redwood Trust, Inc. (NYSE:RWT) for 408,229 shs. Philadelphia Fincl Mgmt Of San Francisco Limited Liability owns 657,541 shs. Parametric Port Ltd Liability Corp accumulated 0% or 296,124 shs. Vanguard Group Inc Inc holds 7.80 million shs. 108,530 are owned by Alliancebernstein Lp. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Redwood Trust, Inc. (NYSE:RWT). Amalgamated Natl Bank stated it has 11,235 shs or 0% of all its holdings. Barclays Public Limited Company owns 0% invested in Redwood Trust, Inc. (NYSE:RWT) for 167,231 shs. Numerixs Techs Inc invested in 1,100 shs or 0% of the stock. Parnassus Invests Ca reported 1.10 million shs stake.

RWT registered $128,752 net activity with 1 buying transaction and 1 insider sale since November 15, 2018. Debora Horvath D bought 6,035 shs worth $99,998.

According to 2018Q3 Securities and Exchange form the Weitz Investment Management Inc reduced its holdings in Redwood Tr Inc (RWT) by 5.11%. The company’s stock sank 4.16% while Weitz Investment Management Inc sold 190,700 shares. The consumer services company reported $57.50M value for the 2018Q3. Now the institutional investor is holding 3.54M shares, compared to the 3.73 million from the previous quarter. $1.31 billion is Redwood Tr Inc’s market cap. Ticker’s shares touched $15.4 during the last trading session after 0.06% change.Currently Redwood Trust, Inc. is uptrending after 9.87% change in last February 21, 2018. RWT has also 184,942 shares volume. The stock outperformed the S&P 500 by 9.87%.

According to a filing the Weitz Investment Management Inc’s stake in Dxc Technology Co was increased by 59,000 shares to 546,852 shares valued at $51.14M in 2018Q3. It manages about $5.99 billion and $2.46 billion US Long portfolio. For a total of 380,793 shares it increased its holding in Facebook Inc (NASDAQ:FB) by 101,300 shares in the quarter, and has risen its stake in Liberty Global Plc (NASDAQ:LBTYK).

On February, 28 is expected Redwood Trust, Inc. (NYSE:RWT)’s earnings report, according to Zacks. Analysts predict $0.37 earnings per share, which is $0.02 up or 5.71 % from 2018’s $0.35 earnings per share. If $0.37 is reported, RWT’s profit will hit $31.40M for 10.41 P/E. Analysts at Wall Street see Redwood Trust, Inc.’s -5.13 % negative EPS growth compared to $0.39 earnings per share for last quarter.

For more Redwood Trust, Inc. (NYSE:RWT) news posted recently go to: Seekingalpha.com, Seekingalpha.com, Streetinsider.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Redwood Trust invests in loan originator, details effects of higher rates – Seeking Alpha” posted on April 30, 2018, “Redwood Trust’s (RWT) CEO Chris Abate on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” on August 07, 2018, “Form 8-K REDWOOD TRUST INC For: Jan 29 – StreetInsider.com” with a publish date: January 29, 2019, “Redwood Trust lower 2.7% on pricing of common stock – Seeking Alpha” and the last “REM And The mREITs – Surprisingly More Dividend Increases Than Decreases – Seeking Alpha” with publication date: June 25, 2018.

Redwood Trust, Inc. (NYSE:RWT) Ratings Coverage

Total analysts of 2 have positions in Redwood Trust (NYSE:RWT) as follows: 2 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. Since October 12, 2018 according to StockzIntelligence Inc Redwood Trust has 2 analyst reports.

Redwood Trust, Inc. (NYSE:RWT) Institutional Investors Chart

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