Oxford Asset Management Takes Position in Resource Capital Corp. (RSO)

Oxford Asset Management bought a new position in shares of Resource Capital Corp. (NYSE:RSO) during the first quarter, Holdings Channel reports. The firm bought 44,440 shares of the real estate investment trust’s stock, valued at approximately $434,000. Oxford Asset Management owned 0.14% of Resource Capital Corp. as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of RSO. Kayne Anderson Capital Advisors LP raised its stake in shares of Resource Capital Corp. by 30.0% in the first quarter. Kayne Anderson Capital Advisors LP now owns 65,000 shares of the real estate investment trust’s stock worth $635,000 after buying an additional 15,000 shares during the period. Parametric Portfolio Associates LLC raised its stake in shares of Resource Capital Corp. by 48.6% in the first quarter. Parametric Portfolio Associates LLC now owns 165,500 shares of the real estate investment trust’s stock worth $1,617,000 after buying an additional 54,096 shares during the period. TFS Capital LLC purchased a new stake in shares of Resource Capital Corp. during the first quarter worth $159,000. Denver Investment Advisors LLC purchased a new stake in shares of Resource Capital Corp. during the first quarter worth $123,000. Finally, Teza Capital Management LLC purchased a new stake in shares of Resource Capital Corp. during the first quarter worth $144,000. 45.72% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Resource Capital Corp. (NYSE:RSO)

Shares of Resource Capital Corp. (NYSE:RSO) opened at 10.09 on Friday. The company’s market capitalization is $310.77 million. The firm’s 50-day moving average price is $9.60 and its 200-day moving average price is $8.98. Resource Capital Corp. has a 12 month low of $7.57 and a 12 month high of $13.73.

Resource Capital Corp. (NYSE:RSO) last released its quarterly earnings results on Tuesday, May 9th. The real estate investment trust reported $0.11 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.17. Resource Capital Corp. had a negative return on equity of 4.90% and a negative net margin of 47.84%. The business had revenue of $11.22 million during the quarter, compared to analyst estimates of $8.90 million. Equities research analysts expect that Resource Capital Corp. will post $0.06 EPS for the current year.

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Separately, JMP Securities raised Resource Capital Corp. from an “underperform” rating to a “market perform” rating in a research report on Tuesday, March 14th.

Resource Capital Corp. Company Profile

Resource Capital Corp. is a real estate finance company. The Company operates through four segments: Commercial Real Estate Debt Investments, Commercial Finance, Residential Mortgage Lending and Corporate & Other. The Commercial Real Estate Debt Investments segment includes the Company’s activities and operations related to commercial real estate loans, commercial real estate-related securities and investments in real estate.

Want to see what other hedge funds are holding RSO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Resource Capital Corp. (NYSE:RSO).

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