AG Mortgage Investment (NYSE:MITT) Short Interest Down 34.2% in March

Cornelia Mascio
Aprile 21, 2018

The ratio dropped due to PennyMac Mortgage Investment Trust positioning: 33 sold and 43 reduced. Hedge funds and other institutional investors own 38.94% of the company's stock.

Media coverage about Pennymac Mortgage Investment (NYSE:PMT) has trended somewhat positive recently, Accern reports. On Wednesday, February 21 the stock of New York Mortgage Trust, Inc. The investment professionals in our database now hold: 37.29 million shares, down from 40.44 million shares in 2017Q3. Renaissance Technologies LLC now owns 568,300 shares of the real estate investment trust's stock worth $3,506,000 after purchasing an additional 275,800 shares in the last quarter. LLC now owns 2,875,525 shares of the real estate investment trust's stock worth $17,742,000 after purchasing an additional 95,369 shares in the last quarter. (NYSE:MITT). Martingale Asset Limited Partnership holds 115,649 shares. Goldman Sachs Group Inc. now owns 3,429,875 shares of the real estate investment trust's stock worth $55,118,000 after acquiring an additional 160,165 shares during the period.

NYSE:PMT opened at $17.71 on Friday. The company has a debt-to-equity ratio of 15.94, a quick ratio of 74.42 and a current ratio of 74.42. (NASDAQ:NYMT) shares ended at $6.03 with 0.77 mln shares exchanging hands. The firm has $6.25 highest and $5.5 lowest target. New York State Common Retirement Fund has invested 0% in PennyMac Mortgage Investment Trust (NYSE:PMT). The real estate investment trust reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($0.02). The firm had revenue of $15.04 million for the quarter, compared to analysts' expectations of $19.97 million. Pennymac Mortgage Investment had a return on equity of 7.03% and a net margin of 34.34%. Lsv Asset has invested 0.04% in PennyMac Mortgage Investment Trust (NYSE:PMT).

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 26th. Investors of record on Friday, April 13th will be given a $0.47 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $1.88 dividend on an annualized basis and a yield of 10.76%. Pennymac Mortgage Investment's payout ratio is now 144.62%. Zacks Investment Research downgraded shares of New York Mortgage Trust from a "buy" rating to a "hold" rating in a research note on Tuesday, January 9th. BidaskClub upgraded shares of New York Mortgage Trust from a "strong sell" rating to a "sell" rating in a research note on Tuesday, March 6th. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Marianne Sullivan bought 6,112 shares of the firm's stock in a transaction dated Tuesday, March 20th. The stock was sold at an average price of $17.33, for a total transaction of $147,131.70. The disclosure for this purchase can be found here. Sell-side analyst recommendations point to a short term price target of $67 on the company shares. The legal version of this report can be read at https://stocknewstimes.com/2018/04/20/jane-street-group-llc-buys-shares-of-37507-new-york-mortgage-trust-nymt.html. If you are viewing this report on another domain, it was illegally copied and republished in violation of US & global trademark & copyright law.

AG Mortgage Investment Trust Inc (NYSE:MITT) had a decrease of 10.62% in short interest.

PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in residential mortgage loans and mortgage-related assets in the United States.The firm is worth $1.06 billion. The company's Correspondent Production segment engages in purchasing, pooling, and reselling newly originated prime credit mortgage loans directly or in the form of mortgage-backed securities (MBS). DHT Holdings, Inc. (NYSE:DHT) has declined 16.89% since April 20, 2017 and is downtrending.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE