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Breakfast Technical Briefing on Mortgage Investment Stocks -- Ally Financial, Ocwen Financial, Santander Consumer USA, and Walter Investment Management

PR Newswire

NEW YORK, October 20, 2017 /PRNewswire/ --

If you want a Stock Review on ALLY, OCN, SC, or WAC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Research reports have been issued by DailyStockTracker.com on Ally Financial Inc. (NYSE: ALLY), Ocwen Financial Corp. (NYSE: OCN), Santander Consumer USA Holdings Inc. (NYSE: SC), and Walter Investment Management Corp. (NYSE: WAC). Companies in the Mortgage Investment industry focus primarily on investing in mortgaged-backed securities and other real estate activities. Many companies within this industry are organized as real estate investment trusts, which results in a high-average dividend yield for the sector. Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/

Ally Financial 

Detroit, Michigan headquartered Ally Financial Inc.'s shares gained 0.16%, closing Thursday's trading session at $24.52. The stock recorded a trading volume of 2.32 million shares. The Company's shares have advanced 6.75% in the last month, 11.81% over the previous three months, and 28.92% since the start of this year. The stock is trading 6.11% above its 50-day moving average and 15.21% above its 200-day moving average. Additionally, shares of Ally Financial, which provides a range of financial products and services for consumers, businesses, automotive dealers, and corporate clients in the US, have a Relative Strength Index (RSI) of 64.34.

On October 11 th, 2017, Ally Financial's Board of Directors declared a quarterly cash dividend of $0.12 per share of the Company's common stock, payable on November 15th, 2017, to shareholders of record on November 01st, 2017.

On October 17 th, 2017, research firm Citigroup initiated a 'Buy' rating on the Company's stock. See our free and comprehensive research report on ALLY at:

http://dailystocktracker.com/registration/?symbol=ALLY


Ocwen Financial 

On Thursday, shares in West Palm Beach, Florida headquartered Ocwen Financial Corp. recorded a trading volume of 3.84 million shares, which was above their three months average volume of 1.27 million shares. The stock climbed 1.31%, ending the day at $3.86. The Company's shares have surged 24.52% in the past month and 41.91% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 22.53% and 4.39%, respectively. Furthermore, shares of Ocwen Financial, which engages in the servicing and origination of mortgage loans in the US, have an RSI of 84.33.

On October 04 th, 2017, Ocwen Financial announced that it has engaged Christopher Whalen, Chairman of Whalen Global Advisors LLC, as a senior consultant and advisor to the Company. Mr. Whalen brings with him nearly three decades of financial experience, with a specific focus on the Financial Services, Mortgage Finance, and Technology sectors. OCN free research report is just a click away at:


http://dailystocktracker.com/registration/?symbol=OCN


Santander Consumer USA Holdings 

Dallas, Texas headquartered Santander Consumer USA Holdings Inc.'s stock finished the day 0.39% lower at $15.31 with a total trading volume of 904,357 shares. The Company's shares have advanced 6.47% in the last one month, 12.33% in the previous three months, and 13.41% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.73% and 14.64%, respectively. Additionally, shares of the Company, which provides vehicle finance and third-party servicing in the US, have an RSI of 60.95.


On October 02 nd, 2017, Santander Consumer USA (SC) announced several key changes to its leadership team under new CEO Scott Powell. Juan Carlos Alvarez, Corporate Treasurer of Santander Holdings USA, Inc., is succeeding Ismail Dawood as CFO of Santander Consumer, effective immediately. Dawood, who has been with SC since December 2015, is leaving to pursue other opportunities. In addition, Sandra Broderick joins SC as Executive Vice President, Head of Operations, effective October 10th, 2017.

On October 17 th, 2017, research firm Citigroup initiated a 'Neutral' rating on the Company's stock. Sign up for your complimentary report on SC at:

http://dailystocktracker.com/registration/?symbol=SC


Walter Investment Management 

Shares in Tampa, Florida-based Walter Investment Management Corp. ended yesterday's session 6.97% lower at $0.51. The stock recorded a trading volume of 365,754 shares. The Company's shares are trading 3.08% above their 50-day moving average. Moreover, shares of Walter Investment Management, which operates as an independent servicer and originator of mortgage loans, and a servicer of reverse mortgage loans in the US, have an RSI of 44.48. Register for free on DailyStockTracker.com and download the latest research report on WAC at:

http://dailystocktracker.com/registration/?symbol=WAC

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