Telecom Italia S.p.A. (TI-A) Touches $8.30 Formed H&S; Western Asset Mortgage Capital Has 0.94 Sentiment

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Western Asset Mortgage Capital Corp (WMC) investors sentiment decreased to 0.94 in 2017 Q4. It’s down -0.77, from 1.71 in 2017Q3. The ratio is negative, as 33 investment managers increased and started new stock positions, while 35 cut down and sold their stakes in Western Asset Mortgage Capital Corp. The investment managers in our database now have: 16.29 million shares, up from 16.14 million shares in 2017Q3. Also, the number of investment managers holding Western Asset Mortgage Capital Corp in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 10 Reduced: 25 Increased: 21 New Position: 12.

Telecom Italia S.p.A. (TI-A) formed inverse H&S with $8.96 target or 8.00% above today’s $8.30 share price. Telecom Italia S.p.A. (TI-A) has $19.55 billion valuation. The stock increased 0.48% or $0.04 during the last trading session, reaching $8.3. About 12,989 shares traded. Telecom Italia S.p.A. (NYSE:TI.A) has risen 8.59% since April 2, 2017 and is uptrending. It has underperformed by 2.96% the S&P500.

Western Asset Mortgage Capital Corporation operates as a real estate investment trust in the United States. The company has market cap of $404.99 million. It primarily focuses on investing in, financing, and managing a portfolio of agency and non-agency residential mortgage-backed securities and commercial mortgage-backed securities, residential whole-loans, and other financial assets. It has a 4.77 P/E ratio. The firm qualifies as a real estate investment trust for federal income tax purposes.

Cordasco Financial Network holds 0.07% of its portfolio in Western Asset Mortgage Capital Corporation for 6,500 shares. Wolverine Asset Management Llc owns 463,822 shares or 0.05% of their US portfolio. Moreover, Hancock Holding Co has 0.04% invested in the company for 100,000 shares. The New York-based Bbr Partners Llc has invested 0.02% in the stock. Indexiq Advisors Llc, a New York-based fund reported 45,203 shares.

The stock increased 1.68% or $0.16 during the last trading session, reaching $9.69. About 818,619 shares traded or 165.56% up from the average. Western Asset Mortgage Capital Corporation (WMC) has declined 0.91% since April 2, 2017 and is downtrending. It has underperformed by 12.46% the S&P500.

Western Asset Mortgage Capital Corporation (NYSE:WMC) Institutional Positions Chart