Cherry Hill Mortgage Investment Corporation (CHMI) opened at 18.89 on Tuesday. Vanguard Group Inc. now owns 454,854 shares of the real estate investme
Cherry Hill Mortgage Investment Corporation (CHMI) opened at 18.89 on Tuesday. Vanguard Group Inc. now owns 454,854 shares of the real estate investment trust’s stock valued at $7,773,000 after buying an additional 29,050 shares in the last quarter. California Public Employees Retirement Sys reported 0% in Western Asset Mortgage Capital Corp (NYSE:WMC).
A number of other equities analysts also recently commented on WMC. Acadian Asset Management LLC boosted its stake in Cherry Hill Mortgage Investment Corporation by 59.4% in the second quarter. Finally, TheStreet upgraded Western Asset Mortgage Capital Corporation from a “d” rating to a “c” rating in a report on Thursday, May 4th.
According to the latest research reports released, 1 analyst has issued a rating of “buy”, 1 analysts “outperform”, 1 analysts “hold”, 0 analysts “underperform” and 0 analysts “sell”. BNP Paribas Arbitrage SA purchased a new stake in American Capital Mortgage Investment Corp. during the first quarter valued at about $2,939,000. Renaissance Technologies LLC now owns 581,910 shares of the financial services provider’s stock valued at $5,685,000 after buying an additional 72,210 shares during the last quarter. It turned negative, as 8 investors sold Western Asset Mortgage Capital Corp shares while 28 reduced holdings. Metropolitan Life Insurance Co. Allianz Asset Management AG now owns 44,712 shares of the financial services provider’s stock worth $450,000 after buying an additional 12,234 shares in the last quarter. Moreover, Cetera Advsr Ltd Limited Liability Company has 0.02% invested in Western Asset Mortgage Capital Corp (NYSE:WMC). 134,594 shares of the company’s stock were exchanged. The lowest price the stock reached in the last trading day was $63.05 and compares with the $46.86 52-week low. The company has a market capitalization of $429.25 million, a P/E ratio of 13.69 and a beta of 0.72.
The business also recently declared a jul 17 dividend, which will be paid on Monday, August 7th. Investors of record on Friday, June 30th will be paid a dividend of $0.31 per share. This represents a $0.94 annualized dividend and a yield of 6.94%. The ex-dividend date was Wednesday the 28th of June 2017. American Capital Mortgage Investment Corp.’s payout ratio is 83.33%.
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Stock market analysts watching American Capital Agency Corp.
Analysts at JMP Securities started coverage on shares of Western Asset Mortgage Capital Corporation (NYSE:WMC) in a research note issued on Tuesday. Citigroup Inc. restated a “neutral” rating on shares of American Capital Mortgage Investment Corp.in a report on Thursday, May 11th.
Among 7 analysts covering Western Asset Mortgage Capital (NYSE:WMC), 0 have Buy rating, 1 Sell and 6 Hold. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Western Asset Mortgage Capital Corporation has a consensus rating of “Hold” and a consensus target price of $10.40.
In other Western Asset Mortgage Capital Corporation news, insider Jennifer Murphy acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 30th. The stock was bought at an average cost of $10.22 per share, with a total value of $51,100.00. Hedge funds and other institutional investors own 74.26% of the company’s stock.
AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company primarily invests in agency residential mortgage-backed securities on a leveraged basis. The Company’s investments consist of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).