Ocwen Financial Corp (OCN) EPS Estimated At $-0.22

July 18, 2017 - By Adrian Mccoy

 Ocwen Financial Corp (OCN) EPS Estimated At $ 0.22
Investors sentiment increased to 1.14 in Q4 2016. Its up 0.31, from 0.83 in 2016Q3. It increased, as 22 investors sold Ocwen Financial Corp shares while 36 reduced holdings. 28 funds opened positions while 38 raised stakes. 62.70 million shares or 5.48% less from 66.34 million shares in 2016Q3 were reported.
Voya Investment Mgmt Limited reported 46,402 shares. Convergence Investment Prtn Limited Liability accumulated 268,240 shares. Numeric Ltd Company invested in 0% or 47,600 shares. Principal Financial has 18,609 shares. Prelude Capital Management Ltd reported 1,700 shares. Wells Fargo And Company Mn holds 258,638 shares. Edge Wealth Ltd reported 4,000 shares or 0.01% of all its holdings. Creative Planning reported 0% of its portfolio in Ocwen Financial Corp (NYSE:OCN). Sg Americas Securities Ltd Limited Liability Company reported 146,793 shares or 0.01% of all its holdings. Commerzbank Aktiengesellschaft Fi holds 11,544 shares or 0% of its portfolio. The Texas-based Robertson Opportunity Ltd Liability Corp has invested 1.76% in Ocwen Financial Corp (NYSE:OCN). Blackrock Investment Management Ltd Liability invested in 426,018 shares. Connor Clark And Lunn Ltd accumulated 539,550 shares or 0.02% of the stock. Tiaa Cref Investment Mgmt Ltd Co has invested 0% in Ocwen Financial Corp (NYSE:OCN). 12,000 are owned by Bb&T Secs.

Analysts expect Ocwen Financial Corp (NYSE:OCN) to report $-0.22 EPS on July, 26.They anticipate $0.20 EPS change or 1,000.00 % from last quarter’s $-0.02 EPS. After having $-0.26 EPS previously, Ocwen Financial Corp’s analysts see -15.38 % EPS growth. The stock increased 1.07% or $0.03 during the last trading session, reaching $2.83. About 590,320 shares traded. Ocwen Financial Corp (NYSE:OCN) has risen 72.00% since July 18, 2016 and is uptrending. It has outperformed by 55.30% the S&P500.

Ocwen Financial Corp (NYSE:OCN) Ratings Coverage

Among 10 analysts covering Ocwen Financial (NYSE:OCN), 1 have Buy rating, 3 Sell and 6 Hold. Therefore 10% are positive. Ocwen Financial had 21 analyst reports since July 31, 2015 according to SRatingsIntel. As per Tuesday, October 25, the company rating was downgraded by Piper Jaffray. Compass Point upgraded Ocwen Financial Corp (NYSE:OCN) on Wednesday, August 26 to “Neutral” rating. Wood maintained the shares of OCN in report on Tuesday, April 11 with “Hold” rating. Vetr downgraded Ocwen Financial Corp (NYSE:OCN) on Friday, August 28 to “Strong-Buy” rating. The stock of Ocwen Financial Corp (NYSE:OCN) earned “Neutral” rating by Sterne Agee CRT on Friday, July 31. The firm has “Hold” rating by Vetr given on Tuesday, September 8. The company was downgraded on Thursday, August 6 by Zacks. The rating was downgraded by Compass Point on Thursday, January 12 to “Neutral”. The firm earned “Neutral” rating on Thursday, April 28 by Compass Point. The stock of Ocwen Financial Corp (NYSE:OCN) has “Underweight” rating given on Tuesday, October 25 by PiperJaffray.

Ocwen Financial Corporation is a financial services holding company. The company has market cap of $355.11 million. The Company, through its subsidiaries, originates and services loans. It currently has negative earnings. The Company’s divisions include Servicing, Lending, and Corporate Items and Other.

More notable recent Ocwen Financial Corp (NYSE:OCN) news were published by: Prnewswire.com which released: “JUNE 20 DEADLINE: Lundin Law PC Announces Expanded Class Period in Securities …” on June 19, 2017, also Bizjournals.com with their article: “Ocwen responds to ‘illegal foreclosure’ lawsuit by attacking regulator” published on April 26, 2017, Fool.com published: “Here’s Why Ocwen Financial Corp. Plunged Today” on April 20, 2017. More interesting news about Ocwen Financial Corp (NYSE:OCN) were released by: Prnewswire.com and their article: “Scott+Scott, Attorneys at Law, LLP Announces that Ocwen Financial Corp (OCN …” published on May 16, 2017 as well as Reuters.com‘s news article titled: “BRIEF-Leon Cooperman reports 6.80 pct passive stake in Ocwen Financial Corp as …” with publication date: May 12, 2017.

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