Saving

Insider Purchases & Buybacks: FBR

 

There are several investment funds that own FBR and you can glance through the list of these at Stockpickr.com.

One fund that owns the stock is WisdomTree SmallCap Dividend ETF. This fund replicates the performance of the WisdomTree SmallCap Dividend Index, by matching its portfolio with that of the index. The fund also owns American Financial Realty Trust (AFR Quote) and Nationwide Health Properties (NHP Quote).

Another fund is Royce Financial Services Service, managed by Charles Royce. This fund has a Morningstar rating of four stars, and has three-year returns of 16.55%. The fund also owns SEI Investments (SEIC Quote) and Westwood Holdings (WHG Quote).

While the stock is trading much lower than its 52-week high of $8.39, I would still be wary of buying into FBR right now. I would rather wait for an improvement in the economic environment.

Please note that due to factors including low market capitalization and/or insufficient public float, we consider Friedman Billings Ramsey Group to be a small-cap stock. You should be aware that such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information, and that postings such as this one can have an effect on their stock prices.

  • Loading Comments...
  •  
1 2
Next >

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
At the time of publication, Raznick had no positions in the stocks mentioned, although positions may change at any time.

Jason Raznick is president of Easy Stock Alerts and has been involved with the capital markets for several years. He has worked for Merrill Lynch, Dynamis and Tricap Holdings, a joint venture with Fortress Investment Group. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Raznick appreciates your feedback; click here to send him an email.

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,328.89 1,102.47 2,211.69 35.46
Oil *
73.88
UP
20.63
UP
6.40
UP
31.64
UP
0.59
10 Yr
3.55%
SPDR Gold
108.95
+0.20%
+0.58%
+1.45%
+1.69%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services