Recent Stock Purchases – Hatteras Financial (NYSE: HTS)

I recently bought in a company called Hatteras Financial.  Hatteras Financial is an externally-managed mortgage REIT formed in 2007 to invest in single-family residential mortgage pass-through securities issued or guaranteed by U.S Government agencies or U.S. Government-sponsored entities, such as Fannie Mae (FNMA), Freddie Mac (FHLMC), or Ginnie Mae (GNMA).

The company appears to be a savvy financial company whose goal is to generate net income for distribution to stockholders through regular quarterly dividends, from the spread between the interest income on our investment portfolio and the interest costs of our borrowings and hedging activities.  Currently the stock yields almost 14% annually, but is subject to significant fluctuations depending on market conditions.  The stock possesses a 4-star Motley Fool CAPS rating.

I bought into Hatteras Financial at $28.60 per share.


About runninginspired

I’m in my mid-40s and have been running for about 19 years. I have finished 24 marathons with a personal best time of 3:04. I currently reside in San Diego, CA. I enjoy running since it keeps you honest and will give back what you put into it. Work hard, but smart, and good results will eventually follow. I like to experiment with training plans, gadgets, shoes, and nutrition to find what works for me. The primary purpose of this blog is to document my training and thoughts about running in my ongoing quest to improve my fitness and health.
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