Rait Financial Trust (NYSE:RAS): Stock Institutional Investors Like

April 17, 2018 - By Michael Collier

Sentiment for Rait Financial Trust (NYSE:RAS)

Rait Financial Trust (NYSE:RAS) institutional sentiment increased to 1.34 in Q4 2017. Its up 0.87, from 0.47 in 2017Q3. The ratio has increased, as 43 hedge funds increased or opened new holdings, while 32 decreased and sold their equity positions in Rait Financial Trust. The hedge funds in our partner’s database now possess: 37.50 million shares, down from 47.82 million shares in 2017Q3. Also, the number of hedge funds holding Rait Financial Trust in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 11 Reduced: 21 Increased: 23 New Position: 20.

RAIT Financial Trust operates as a self-managed and self-advised real estate investment trust . The company has market cap of $16.81 million. The company, through its subsidiaries, invests in, manages, and services real estate-related assets with a focus on commercial real estate. It currently has negative earnings. It also offers a set of debt financing options to the commercial real estate industry along with fixed income trading and advisory services.

The stock decreased 0.66% or $0.0012 during the last trading session, reaching $0.1807. About 1.37 million shares traded. RAIT Financial Trust (NYSE:RAS) has declined 93.53% since April 17, 2017 and is downtrending. It has underperformed by 105.08% the S&P500.

Tricadia Capital Management Llc holds 1.22% of its portfolio in RAIT Financial Trust for 6.66 million shares. Highland Capital Management Lp owns 4.69 million shares or 0.08% of their US portfolio. Moreover, Cetera Advisors Llc has 0.01% invested in the company for 563,924 shares. The Oklahoma-based Pinnacle Holdings Llc has invested 0.01% in the stock. Point72 Asia (Hong Kong) Ltd, a Hong Kong-based fund reported 20,050 shares.#img1#

RAIT Financial Trust (NYSE:RAS) Institutional Positions Chart

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