Green & Gold Fund Recommendation: Sell Altisource Asset Management Corporation (AAMC)
Current Sector Holdings • Sector: Financial • XLF, BAC, VRSK, AGO, RESI, AAMC, and ASPS • Overweight ~ 9% or $49,500
Company Profile (AAMC) Industry: Mortgage and Real Estate Company Description: • Provides asset management and corporate governance to Altisource Residential (RESI) • Spin-off from Altisource Portfolio Solutions • Holding company for a Real Estate Investment Trust
Historical Performance (AAMC)
*Beta provided by Yahoo Finance
Prev Close:
$515.40
1yr Target Est:
N/A
52wk Range
$15.00 $730.31
Avg Vol (3m)
2,472
Market Cap
1.21B
Beta
6.126
EPS
-1.00
Dividend
N/A
Forward P/E:
N/A
Price/Book
316.01
Shares Outstanding
2.34M
Rational for Sell (AAMC) • • • •
High level of risk Numerous uncertainties Short interest ratio = 6.40 Sector Diversification: 40% of sector invested in Mortgage & Real Estate • Lock in gains ~ 558.66% ROI
Sector Placement / Recommendation Current Status: • Target Allocation: 8.86% • Current Sector Allocation: 17.87%
Recommend: • Sell 20 shares of AAMC at market price of $515.00 (approximately $10,300, 1.86% of portfolio) • Sector allocation after sell: 12.87%