KBW Raises PT on Hatteras Financial to $30 (HTS)

KBW is out with its report today on Hatteras Financial HTS, raising its PT to $30. In a note to clients, KBW writes, "HTS reported lower than expected operating EPS primarily driven by lower average assets as capital was deployed late in the quarter. Pro forma book value including accretion from its January capital raise was $25.54 and since quarter-end has increased. We expect earnings to rebound in 2011. Maintain OP." At the time of posting, shares of HTS were trading pre-market at $28.88, down 0.52% from Wednesday's close.