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Redwood Trust to Participate in the 22nd Annual Credit Suisse Virtual Financial Services Forum
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Redwood Trust to Participate in the 22nd Annual Credit Suisse Virtual Financial Services Forum
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Operator
Good afternoon, and welcome to the Redwood Trust Incorporated Fourth Quarter 2020 Financial Results Conference Call. [Operator Instructions] At the conclusion of the prepared remarks, there will be a question-and-answer session. [Operator Instructions]
I will now turn the call over to Lisa Hartman, Redwood s Senior Vice President of Investor Relations. Please go ahead, ma am.
Lisa Hartman
Senior Vice President, Head of Investor Relations
Thank you, Andrea. Hello, everyone, and thank you for joining us. With me on today s call are Chris Abate, Redwood s Chief Executive Officer; Dash Robinson, Redwood s President; and Collin Cochrane, Redwood s Chief Financial Officer.
Before we begin, I want to remind you that certain statements made during management s presentation with respect to future financial or business performance, may constitute forward-looking statements. Forward-looking statements are based on current expectations, forecasts and assumptions that involve ri
WASHINGTON (dpa-AFX) - Redwood Trust, Inc. (RWT) reported earnings for fourth quarter that fell from the same period last year.The company's profit totaled $54 million, or $0.42 per share. This
Is RWT A Good Investment Right Now?
With the third-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the fourth quarter. One of these stocks was Redwood Trust, Inc. (NYSE:RWT).
Is RWT a good investment right now? Redwood Trust, Inc. (NYSE:RWT) was in 15 hedge funds’ portfolios at the end of September. The all time high for this statistic is 22. RWT investors should be aware of a decrease in hedge fund sentiment recently. There were 18 hedge funds in our database with RWT positions at the end of the second quarter. Our calculations also showed that RWT isn’t among the 30 most popular stocks among hedge funds (click for Q3 rankings and see the video for a quick look at the top 5 stocks).
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