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Articles (358) 

CEO of Hatteras Financial Corporation Michael R Hough bought 12,500 shares

August 03, 2013 | About:

Hatteras Financial Corporation was incorporated in Maryland on September 19, 2007. The Company is organized and conducts its operations to qualify as a REIT. Hatteras Financial Corporation has a market cap of $1.95 billion; its shares were traded at around $19.71 with a P/E ratio of 6.30 and P/S ratio of 5.50. The dividend yield of Hatteras Financial Corporation stocks is 14.80%.

The CEO of Hatteras Financial Corporation (NYSE:HTS) Michael Hough bought 12,500 shares on July 31 at an average price of $20.05. The total transaction amount was $250,625.

Michael Hough has been the CEO of Hatteras Financial Corporation since September 2007. Mr. Hough is also a co-founder and a director of this Company. Before his time at Hatteras he was a principal and founding member of the First Winston Securities and a taxable trader of Wachovia Bank.

President and COO Benjamin Hough and Director Ira Kawaller also together bought 13,200 shares of HTS stock on July 30, 2013.

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Hatteras Financial Corporation announced their 2013 second quarter financial results. The Company reported net interest income of $63.4 million.


Rating: 3.0/5 (4 votes)

Comments

pravchaw
Pravchaw premium member - 2 years ago
Thanks. I think the market has over reacted.

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