49,923 Shares in AG Mortgage Investment Trust, Inc. (MITT) Acquired by GSA Capital Partners LLP
GSA Capital Partners LLP purchased a new position in AG Mortgage Investment Trust, Inc. (NYSE:MITT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 49,923 shares of the real estate investment trust’s stock, valued at approximately $961,000. GSA Capital Partners LLP owned approximately 0.18% of AG Mortgage Investment Trust at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in MITT. SG Americas Securities LLC acquired a new position in AG Mortgage Investment Trust during the 3rd quarter valued at about $117,000. BNP Paribas Arbitrage SA increased its position in AG Mortgage Investment Trust by 59.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,937 shares of the real estate investment trust’s stock valued at $127,000 after buying an additional 2,596 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in AG Mortgage Investment Trust during the 2nd quarter valued at about $197,000. Arrowstreet Capital Limited Partnership acquired a new position in AG Mortgage Investment Trust during the 2nd quarter valued at about $220,000. Finally, Virtu KCG Holdings LLC acquired a new position in AG Mortgage Investment Trust during the 2nd quarter valued at about $234,000. 65.74% of the stock is owned by hedge funds and other institutional investors.
AG Mortgage Investment Trust, Inc. (NYSE:MITT) opened at $19.30 on Tuesday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $544.12, a PE ratio of 6.75 and a beta of 0.91. AG Mortgage Investment Trust, Inc. has a 1-year low of $16.85 and a 1-year high of $19.95.
AG Mortgage Investment Trust (NYSE:MITT) last announced its quarterly earnings data on Tuesday, October 31st. The real estate investment trust reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. The business had revenue of $21.60 million for the quarter, compared to analyst estimates of $21.65 million. AG Mortgage Investment Trust had a return on equity of 11.21% and a net margin of 74.99%. The company’s revenue was down 1.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.50 earnings per share.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be issued a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 9.84%. The ex-dividend date is Thursday, December 28th. AG Mortgage Investment Trust’s dividend payout ratio is presently 66.43%.
MITT has been the topic of several recent analyst reports. BidaskClub raised AG Mortgage Investment Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. ValuEngine raised AG Mortgage Investment Trust from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $18.17.
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About AG Mortgage Investment Trust
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