PennyMac Mortgage Investment Trust (PMT) Receives Average Rating of “Hold” from Brokerages

The company has a market capitalization of $1.13 billion, a PE ratio of 10.12 and a beta of 0.49. These funds have shifted positions in (MITT). 16,477

The company has a market capitalization of $1.13 billion, a PE ratio of 10.12 and a beta of 0.49.

These funds have shifted positions in (MITT).

16,477 are held by Price T Rowe Associates Md. The company now has an average rating of Hold and an average price target of $6.33.

Global X Management Co Llc holds 0.52% of its portfolio in New York Mortgage Trust Inc for 2.67 million shares. Lsv Asset Management reported 906,527 shares. Public Employees Retirement System of OH grew its stake in shares of PennyMac Mortgage Investment Trust by 4.4% in the second quarter. Wealthtrust Axiom Llc, a Pennsylvania-based fund reported 47,000 shares.#img1#. Public Employees Retirement System of OH now owns 7,207 shares of the real estate investment trust’s stock valued at $132,000 after acquiring an additional 304 shares in the last quarter. Moreover, Systematic Financial Management Limited Partnership has 0.03% invested in AG Mortgage Investment Trust Inc (NYSE:MITT) for 79,365 shares. Entrustpermal Mngmt Ltd Liability has invested 1.1% in PennyMac Mortgage Investment Trust (NYSE:PMT). 216,149 are owned by Martingale Asset Mngmt Limited Partnership. The Midway Group, L.P. and Headlands Asset Management, LLC provide investment management services to the Company with respect to certain of its asset classes. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.05). Us Bancshares De holds 0% of its portfolio in PennyMac Mortgage Investment Trust (NYSE:PMT) for 5,993 shares. The 1-year high was reported on Oct, 19 by Barchart.com. If the $20.89 price target is reached, the company will be worth $32.91 million more.

The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. Trading volume was down 93.83% under the stocks average daily volume. It is down 9.11% since October 18, 2016 and is uptrending. It has outperformed by 13.55% the S&P500. Equities research analysts expect that PennyMac Mortgage Investment Trust will post $1.60 earnings per share for the current fiscal year. Therefore 100% are positive. PennyMac Mortgage Investment Trust had 16 analyst reports since July 27, 2015 according to SRatingsIntel. Deutsche Bank maintained it with “Hold” rating and $6 target in Thursday, February 25 report. The original version of this story can be read at https://stocknewstimes.com/2017/10/19/pennymac-mortgage-investment-trust-pmt-receives-average-rating-of-hold-from-brokerages.html. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Wunderlich upgraded the stock to “Buy” rating in Monday, November 7 report. (NASDAQ:NYMT) from a sell rating to a hold rating in a research report report published on Wednesday. The firm has “Equal Weight” rating by Barclays Capital given on Tuesday, November 10. Wood has “Market Perform” rating and $17.50 target. (NYSE:AMP) earned “Hold” rating by Zacks on Monday, September 7.

Investors sentiment increased to 1.38 in Q2 2017. “(MITT) Ex-Dividend Date Scheduled for June …” on June 14, 2017.

Wall Street await New York Mortgage Trust Inc (NASDAQ:NYMT) to release earnings on November, 7. The dividend yield will be $9.69.

AG Mortgage Investment Trust, Inc.is a real estate investment trust.

The P/E ratio is now 6.08 and the market cap of the company is 547.93M. NYMT is an internally managed REIT in the business of acquiring, investing in, financing and managing mortgage-related and residential housing-related assets and financial assets and targets residential mortgage loans, including second mortgages and loans sourced from distressed markets, multifamily CMBS, direct financing to owners of multifamily properties through mezzanine loans and preferred equity investments, other commercial and residential real estate-related investments, Non-Agency RMBS and Agency RMBS. EPS ratio determined by looking at last 12 month figures is 1.14.

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