WESLEY EDENS Buys 1.01% of NCT

Submitted: 2011-09-27 17:43:15 EST

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On 2011-09-27, a Form 4 was filed with the SEC that indicated that WESLEY EDENS had bought a total of 790,000 shares of Newcastle Investment Corp (NCT). The total value of this transaction was $3,594,500.

WESLEY EDENS now owns 2,898,094 shares of the company. Here is the breakdown:

Direct Ownership - 1,480,765
Chinook Charitable Trust - 100,000
Hoofbeat Charitable Trust - 100,000
Fortress Operating Entity I LP - 1,025,729
Fortress Partners Securities LLC - 134,800
Fortress Partners Offshore Securities LLC - 56,800


There was a total of 1 transaction included in this filing:

Buys:

2011-09-22, BOUGHT 790,000 (Common Stock, par value $0.01 per share) @ $4.55 (Open Market Buy)



Newcastle Investment Corp (NCT) is currently trading at $4.5 (+1.35%). The 52 week high for NCT is $8.85, while its 52 week low is $3.01.

Some information that you might find useful about Newcastle Investment Corp:

Market Cap: 356.85M
Forward P/E: 2.13
Price/Book: 3.27
EBITDA: N/A
Total Cash: 106.37M
Total Debt: 3.37B
52 Week Change: 1.33%
Float: N/A
Shares Short: 4.38M
Short Ratio: 4.20

Source: Davemanuel.com - NCT Quote

Source: SEC.gov - WESLEY EDENS Form 4 Filing