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  • ALESCO FINL INC Profile

    Alesco Financial (formerly Sunset Financial Resources) is a real estate investment trust (REIT) that acquires and invests in collateralized debt and loan obligations. Its portfolio largely consists of trust-preferred securities issued by banks and insurance companies, mortgage-backed securities, and commercial loans made primarily to small and midsized companies in the consumer products and manufacturing industries. The company is externally managed by investment bank and asset manager Cohen & Company (founded by Alesco chairman). In 2006 Sunset Financial merged with Alesco Financial Trust, a specialty finance REIT formed earlier that year, and the combined entity took the Alesco name.
    James J. McEntee, III
    CEO
    2929 Arch St., 17th Fl.

    Philadelphia, PA 19104-2870

    http://www.alescofinancial.com

    Phone: 215-701-9555

    Fax: 215-701-8281
    Sector: Financial Industry: Real Estate
  • 2007 Sales 2007 Sales Growth 2007 Net Income 2007 Employees
    $83,600,000 -61.6% $-1,261,300,000 136
  • Key Executives: AFN

    Name Title Officer Since
    James J. McEntee, III CEO 10/6/06
    Shami J. Patel COO -
    John J. Longino CFO -
    Christian M. Carr Chief Accounting Officer -
    Daniel G. Cohen Chairman of the Board/Director 10/6/06
    G. Steven Dawson Director 10/6/06
    Rodney E. Bennett Director 10/6/06
    Charles W. Wolcott Director 10/6/06
  • Top Competitors: AFN

  • Insider Trends: AFN

    Sentiment for AFN is POSITIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: AFN

    Date Name Shares Transaction Type Market Value
    08/07/08 LONGINO JOHN J 8,250 Purchase $10,204.00
    06/18/08 CHAYETTE MARC 20,849 Award of Stock Options $0.00
    06/18/08 LONGINO JOHN J 150,000 Award of Stock Options $0.00
  • Ownership Breakdown : AFN

    Large Block Holder Type Number  
    Institutions 66.00
     
    Mutual Fund 63.00
    Other Major 12.00
  • Short Interest Volume: AFN

    Data as of 7/28/08
    Current Short Interest Shares 7.55 M
    Current Short Interest Ratio 11.20
    Float 56.72 M
    Short Interest as % of Float 13.30
    Average Daily Volume 557,000.00
    Outstanding Shares 59.75 M