Trading Report: Today, BNP Paribas Arbitrage SA Boosts Position in American Capital Mortgage Investment Corp. (MTGE)

Today, BNP Paribas Arbitrage SA Boosts Position in American Capital Mortgage Investment Corp. (MTGE)

BNP Paribas Arbitrage SA increased its position in shares of American Capital Mortgage Investment Corp. (NASDAQ:MTGE) by 0.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 280,521 shares of the real estate investment trust’s stock after buying an additional 2,042 shares during the period. BNP Paribas Arbitrage SA owned approximately 0.61% of American Capital Mortgage Investment Corp. worth $4,822,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Creative Planning boosted its stake in shares of American Capital Mortgage Investment Corp. by 2.7% in the second quarter. Creative Planning now owns 6,648 shares of the real estate investment trust’s stock worth $105,000 after buying an additional 172 shares during the period. Advent Capital Management DE bought a new stake in shares of American Capital Mortgage Investment Corp. during the second quarter worth approximately $158,000. GSA Capital Partners LLP bought a new stake in shares of American Capital Mortgage Investment Corp. during the second quarter worth approximately $173,000. Sei Investments Co. boosted its stake in shares of American Capital Mortgage Investment Corp. by 18,817.7% in the second quarter. Sei Investments Co. now owns 11,729 shares of the real estate investment trust’s stock worth $186,000 after buying an additional 11,667 shares during the period. Finally, SG Americas Securities LLC bought a new stake in shares of American Capital Mortgage Investment Corp. during the second quarter worth approximately $192,000. 69.13% of the stock is owned by institutional investors.

Shares of American Capital Mortgage Investment Corp. (NASDAQ:MTGE) traded up 1.51% during trading on Friday, hitting $16.80. 72,416 shares of the stock traded hands. The company has a 50-day moving average of $0.00 and a 200-day moving average of $0.00. American Capital Mortgage Investment Corp. has a 52 week low of $12.01 and a 52 week high of $17.77.

American Capital Mortgage Investment Corp. (NASDAQ:MTGE) last posted its quarterly earnings data on Wednesday, November 2nd. The real estate investment trust reported $0.48 EPS for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.05. American Capital Mortgage Investment Corp. had a return on equity of 9.42% and a net margin of 71.82%. During the same period last year, the company earned $0.46 EPS. On average, equities research analysts anticipate that American Capital Mortgage Investment Corp. will post $2.68 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 27th. Investors of record on Friday, September 30th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 9.52%. The ex-dividend date of this dividend was Wednesday, September 28th. American Capital Mortgage Investment Corp.’s dividend payout ratio is currently 93.02%.

A number of research firms recently issued reports on MTGE. Zacks Investment Research cut American Capital Mortgage Investment Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, November 16th. Keefe, Bruyette & Woods set a $17.50 target price on American Capital Mortgage Investment Corp. and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Credit Suisse Group AG reissued a “hold” rating and set a $17.50 target price on shares of American Capital Mortgage Investment Corp. in a research note on Sunday, September 11th. Wunderlich increased their target price on American Capital Mortgage Investment Corp. from $15.00 to $17.00 and gave the stock a “hold” rating in a research note on Tuesday, August 2nd. Finally, Citigroup Inc. increased their target price on American Capital Mortgage Investment Corp. from $13.00 to $16.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 17th. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. American Capital Mortgage Investment Corp. has an average rating of “Hold” and an average price target of $17.42.

American Capital Mortgage Investment Corp. Company Profile

MTGE Investment Corp., formerly American Capital Mortgage Investment Corp., is a hybrid mortgage real estate investment trust. The Company invests in, finances and manages a portfolio of real estate-related investments, which the Company defines to include agency residential mortgage-backed securities, non-agency mortgage investments, other mortgage-related investments and other real estate investments.

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