KKR Financial Holdings LLC (NYSE:KFN), a subsidiary of global private equity firm KKR & Co LP, has agreed to invest $100 million in LCI Helicopters Ltd (LCIH), a unit of Irish aircraft leasing company Lease Corporation International (LCI), in return for a minority stake in the company in anticipation of growth in the emerging helicopter leasing industry. KKR Financial Holdings LLC (NYSE:KFN) stock opened at $12.97 in last session, and closed at $13.00, while the day range of stock is $12.94 – $13.03. The stock showed a negative weekly performance of -0.61%.
Sterne Agee upgraded shares of Nationstar Mortgage Holdings (NYSE:NSM) from a neutral rating to a buy rating in a report issued on Monday, TheFlyOnTheWall.com reports. Nationstar Mortgage Holdings Inc (NYSE:NSM) stock opened at $33.04, in last session and closed at $32.19, by losing -3.19%. The 52 week range of the stock is $31.03 – $57.95. Company’s market capitalization is $2.91 billion.
In trading on Monday, shares of Walter Investment Management Corp (NYSE:WAC) entered into oversold territory, hitting an RSI reading of 29.4, after changing hands as low as $33.61 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 47.0. A bullish investor could look at WAC’s 29.4 RSI reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Walter Investment Management Corp (NYSE:WAC) stock advanced 0.73% and finished the last session at $32.95. The EPS of the stock remained 5.39. Company’s market capitalization is $1.22 billion.
Zacks upgraded shares of Invesco Mortgage Capital (NYSE:IVR) from an underperform rating to a neutral rating in a research note released on Wednesday morning, American Banking News reports. They currently have $15.50 target price on the stock. Invesco Mortgage Capital Inc (NYSE:IVR) stock opened the session at $15.24, and closed the session at $15.23. The 52 week range of the stock remained $14.40 – $22.25 and the day range was $15.17 – $15.25.
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