Hanmi Financial (HAFC) Trades at $31.05 After Triangle; Reven Housing REIT (RVEN)’s Sentiment Is 0.67

April 18, 2018 - By Ellis Scott

Reven Housing REIT, Inc. (NASDAQ:RVEN) Logo

Hanmi Financial Corporation (HAFC) formed triangle with $31.98 target or 3.00% above today’s $31.05 share price. Hanmi Financial Corporation (HAFC) has $1.01B valuation. The stock decreased 0.48% or $0.15 during the last trading session, reaching $31.05. About 163,895 shares traded. Hanmi Financial Corporation (NASDAQ:HAFC) has risen 2.20% since April 18, 2017 and is uptrending. It has underperformed by 9.35% the S&P500.

Reven Housing REIT Inc (RVEN) investors sentiment 0.67 in Q4 2017. It’s in 2017Q3. The ratio [12345], as 2 investment managers opened new and increased positions, while 3 cut down and sold equity positions in Reven Housing REIT Inc. The investment managers in our database reported: 14,796 shares, down from 69,064 shares in 2017Q3. Also, the number of investment managers holding Reven Housing REIT Inc in top ten positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 2 Increased: 0 New Position: 2.

Reven Housing REIT, Inc. acquires, owns, and operates a portfolio of occupied and rented single family residential properties in the United States. The company has market cap of $30.16 million. As of December 31, 2016, it owned 624 single family homes in the Houston, Jacksonville, Memphis, and Atlanta metropolitan areas. It currently has negative earnings. The firm intends to qualify as a real estate investment trust for federal income tax purposes.

Bank Of America Corp De holds 0% of its portfolio in Reven Housing REIT, Inc. for 34 shares. Blackrock Inc. owns 477 shares or 0% of their US portfolio. Moreover, Millennium Management Llc has 0% invested in the company for 14,154 shares. The New York-based Morgan Stanley has invested 0% in the stock. Tower Research Capital Llc (Trc), a New York-based fund reported 130 shares.

The stock decreased 3.45% or $0.1 during the last trading session, reaching $2.8. About 1,388 shares traded. Reven Housing REIT, Inc. (RVEN) has declined 45.16% since April 18, 2017 and is downtrending. It has underperformed by 56.71% the S&P500.

Since January 26, 2018, it had 1 insider buy, and 0 sales for $94,682 activity. Another trade for 3,000 shares valued at $94,682 was made by Ahn John J on Friday, January 26.

Among 7 analysts covering Hanmi Financial (NASDAQ:HAFC), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Hanmi Financial has $39 highest and $26 lowest target. $31.20’s average target is 0.48% above currents $31.05 stock price. Hanmi Financial had 18 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Hanmi Financial Corporation (NASDAQ:HAFC) earned “Market Perform” rating by Wood on Thursday, June 2. The firm earned “Outperform” rating on Wednesday, January 25 by FBR Capital. The rating was maintained by Keefe Bruyette & Woods on Monday, June 26 with “Hold”. On Tuesday, November 3 the stock rating was downgraded by Raymond James to “Outperform”. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods. The stock has “Neutral” rating by Piper Jaffray on Friday, November 20. The rating was maintained by Keefe Bruyette & Woods on Tuesday, August 8 with “Hold”. On Tuesday, August 25 the stock rating was upgraded by Raymond James to “Outperform”. Keefe Bruyette & Woods maintained the shares of HAFC in report on Friday, October 6 with “Hold” rating. The rating was maintained by Piper Jaffray with “Hold” on Monday, July 10.

Hanmi Financial Corporation (NASDAQ:HAFC) Institutional Positions Chart

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