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ThSeeker

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ThSeeker

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Saturday, 02/18/2017 2:28:00 PM

Saturday, February 18, 2017 2:28:00 PM

Post# of 724
New Residential Investment CEO bought 18,600 shares

New Residential Investment Corp. (NRZ) Chairman, CEO and President Michael Nierenberg bought 18,600 shares for $15 per share on Feb 3. The stock price has increased by 6% since.

New Residential Investment is a real estate investment trust that invests in residential mortgage related assets. The company has a market cap of $4.77 billion. Its shares traded at $15.90 with a P/E ratio of 9.71 as of Feb. 10.

It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.

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