American Capital Mortgage Investment Corp

Paterniano Del Favero
Luglio 18, 2017

The fund owned 708,000 shares of the real estate investment trust's stock after buying an additional 58,000 shares during the period. Maxim Group reiterated a "buy" rating and issued a $20.00 target price on shares of American Capital Mortgage Investment Corp.in a research report on Friday, May 5th.

Several institutional investors have recently modified their holdings of the company. Skandinaviska Enskilda Banken AB publ purchased a new stake in American Capital Agency Corp. during the first quarter worth approximately $344,000.

MTGE Investment Corp., formerly American Capital Mortgage Investment Corp., launched on March 15, 2011, is a real estate investment trust. Creative Planning increased its stake in American Capital Mortgage Investment Corp.by 76.8% in the first quarter. Schwab Charles Investment Management Inc. now owns 211,661 shares of the real estate investment trust's stock worth $3,546,000 after buying an additional 11,244 shares during the last quarter. Putnam Investments LLC raised its position in shares of Cherry Hill Mortgage Investment Corporation by 1.2% in the fourth quarter. Nationwide Fund Advisors now owns 66,655 shares of the real estate investment trust's stock valued at $1,116,000 after buying an additional 3,003 shares in the last quarter. Nisa Investment Advisors LLC purchased a new stake in American Capital Mortgage Investment Corp. during the first quarter valued at about $204,000. The company's stock had a trading volume of 67,281 shares. Cherry Hill Mortgage Investment Corporation has a one year low of $14.94 and a one year high of $19.14. (NASDAQ:AGNC) traded down 1.327% during mid-day trading on Friday, reaching $21.185. The company had a trading volume of 1,300,242 shares. American Capital Mortgage Investment Corp. (NASDAQ:MTGE) last issued its earnings results on Wednesday, May 3rd. In the latest earnings report the EPS was $7.16 and is estimated to be $2.05 for the current year with 12,700,000 shares outstanding. The company had revenue of $23.59 million for the quarter, compared to the consensus estimate of $26.47 million. Equities analysts anticipate that Cherry Hill Mortgage Investment Corporation will post $2.05 EPS for the current fiscal year. Shareholders of record on Monday, July 31st will be given a $0.18 dividend. The ex-dividend date is Wednesday, June 28th. Cherry Hill Mortgage Investment Corporation's dividend payout ratio is now 27.45%.

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Equity analyst Wedbush released its first research report on the stock by announcing an initial rating of "Neutral". Zacks Investment Research upgraded American Capital Mortgage Investment Corp. from a "hold" rating to a "buy" rating and set a $19.00 price objective for the company in a research note on Tuesday, April 18th. Additionally Cherry Hill Mortgage Investment recently declared a dividend to be paid on Tuesday July 25th, 2017. Finally, Wells Fargo & Company upgraded American Capital Mortgage Investment Corp. from a "market perform" rating to an "outperform" rating in a report on Thursday, May 4th. They noted that the move was a valuation call. The firm has a 50-day moving average of $18.56 and a 200-day moving average of $17.09. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company's stock. The stock presently has an average rating of "Buy" and an average target price of $18.00.

10,396 shares of the stock traded hands. The shares were sold at an average price of $20.80, for a total value of $77,812.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.47% of the company's stock. Tower Research Capital LLC (trc) divested its holdings by shedding 69 shares a decrease of 100.0% from 12/31/2016 to 03/31/2017.

Cherry Hill Mortgage Investment Corporation is a residential real estate finance company. Agency RMBS includes residential mortgage pass-through certificates and collateralized mortgage obligations (CMOs) structured from residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a government-sponsored enterprise (GSE), such as Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac), or by a United States Government agency, such as Government National Mortgage Association (Ginnie Mae).

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