Anworth Mortgage Asset Corp Reit (NYSE:ANH) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its position in shares of Anworth Mortgage Asset Corp Reit (NYSE:ANH) by 20.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 326,643 shares of the real estate investment trust’s stock after selling 86,030 shares during the quarter. JPMorgan Chase & Co. owned 0.33% of Anworth Mortgage Asset Corp Reit worth $369,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Relative Value Partners Group LLC grew its position in Anworth Mortgage Asset Corp Reit by 3,176.6% during the fourth quarter. Relative Value Partners Group LLC now owns 819,158 shares of the real estate investment trust’s stock valued at $2,957,000 after acquiring an additional 794,158 shares during the period. State Street Corp boosted its position in shares of Anworth Mortgage Asset Corp Reit by 8.3% in the fourth quarter. State Street Corp now owns 3,238,427 shares of the real estate investment trust’s stock worth $11,694,000 after buying an additional 248,876 shares during the period. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of Anworth Mortgage Asset Corp Reit in the first quarter worth about $224,000. Renaissance Technologies LLC lifted its stake in shares of Anworth Mortgage Asset Corp Reit by 2.4% in the fourth quarter. Renaissance Technologies LLC now owns 6,718,490 shares of the real estate investment trust’s stock worth $23,649,000 after acquiring an additional 156,800 shares in the last quarter. Finally, UBS Group AG lifted its stake in shares of Anworth Mortgage Asset Corp Reit by 52.1% in the fourth quarter. UBS Group AG now owns 273,072 shares of the real estate investment trust’s stock worth $962,000 after acquiring an additional 93,492 shares in the last quarter. 50.15% of the stock is owned by hedge funds and other institutional investors.

NYSE:ANH opened at $1.69 on Wednesday. The company has a debt-to-equity ratio of 2.09, a quick ratio of 65.24 and a current ratio of 65.24. Anworth Mortgage Asset Corp Reit has a one year low of $0.79 and a one year high of $3.95. The business’s 50-day simple moving average is $1.66 and its 200 day simple moving average is $2.46. The stock has a market cap of $168.20 million, a price-to-earnings ratio of -0.72 and a beta of 1.74.

Anworth Mortgage Asset Corp Reit (NYSE:ANH) last announced its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.01. Anworth Mortgage Asset Corp Reit had a positive return on equity of 10.44% and a negative net margin of 43.28%. The firm had revenue of ($182.71) million for the quarter.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 29th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 11.83%. The ex-dividend date is Monday, June 29th.

Several research analysts recently commented on ANH shares. Credit Suisse Group reiterated a “hold” rating and issued a $2.25 price target on shares of Anworth Mortgage Asset Corp Reit in a research note on Friday, May 8th. ValuEngine upgraded Anworth Mortgage Asset Corp Reit from a “strong sell” rating to a “sell” rating in a research note on Monday, June 1st.

In other news, Director Dominique Mielle acquired 1,500 shares of the business’s stock in a transaction on Friday, June 5th. The shares were purchased at an average price of $23.15 per share, for a total transaction of $34,725.00. Following the completion of the purchase, the director now directly owns 45,000 shares of the company’s stock, valued at approximately $1,041,750. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.86% of the company’s stock.

Anworth Mortgage Asset Corp Reit Profile

Anworth Mortgage Asset Corporation operates as a real estate investment trust (REIT) in the United States. It primarily invests in, finances, and manages a leveraged portfolio of residential mortgage-backed securities and loans that are guaranteed by government-sponsored enterprises, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation.

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Institutional Ownership by Quarter for Anworth Mortgage Asset Corp Reit (NYSE:ANH)

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