Great Ajax Corp. (NYSE:AJX) Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd reduced its holdings in shares of Great Ajax Corp. (NYSE:AJX) by 1.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 60,784 shares of the real estate investment trust’s stock after selling 1,014 shares during the quarter. WINTON GROUP Ltd’s holdings in Great Ajax were worth $789,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. IFP Advisors Inc acquired a new stake in shares of Great Ajax during the first quarter worth $30,000. BNP Paribas Arbitrage SA lifted its position in Great Ajax by 75.6% during the 1st quarter. BNP Paribas Arbitrage SA now owns 10,603 shares of the real estate investment trust’s stock worth $116,000 after acquiring an additional 4,564 shares during the period. Barclays PLC grew its stake in Great Ajax by 100.6% during the 1st quarter. Barclays PLC now owns 17,297 shares of the real estate investment trust’s stock valued at $188,000 after purchasing an additional 8,675 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of Great Ajax in the first quarter valued at about $203,000. Finally, Eaton Vance Management purchased a new position in shares of Great Ajax in the first quarter worth about $230,000. Institutional investors own 70.15% of the company’s stock.

Shares of Great Ajax stock opened at $13.55 on Friday. The firm has a 50-day simple moving average of $13.45 and a two-hundred day simple moving average of $12.66. The company has a debt-to-equity ratio of 1.98, a quick ratio of 2.67 and a current ratio of 2.67. Great Ajax Corp. has a fifty-two week low of $7.57 and a fifty-two week high of $14.27. The company has a market cap of $310.70 million, a P/E ratio of 9.99 and a beta of 1.80.

Great Ajax (NYSE:AJX) last released its quarterly earnings results on Wednesday, August 4th. The real estate investment trust reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.11. Great Ajax had a return on equity of 10.54% and a net margin of 62.49%. Equities research analysts forecast that Great Ajax Corp. will post 1.49 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 31st. Investors of record on Monday, August 16th were paid a $0.21 dividend. The ex-dividend date of this dividend was Friday, August 13th. This represents a $0.84 dividend on an annualized basis and a yield of 6.20%. This is a boost from Great Ajax’s previous quarterly dividend of $0.19. Great Ajax’s dividend payout ratio (DPR) is currently 90.32%.

A number of equities analysts have issued reports on the stock. Compass Point initiated coverage on shares of Great Ajax in a research report on Wednesday, June 30th. They set a “buy” rating and a $19.00 price target for the company. Raymond James raised their target price on shares of Great Ajax from $14.00 to $16.00 and gave the stock an “outperform” rating in a report on Friday, May 21st. Zacks Investment Research raised shares of Great Ajax from a “hold” rating to a “strong-buy” rating and set a $16.00 price target on the stock in a report on Tuesday, August 10th. Finally, B. Riley lifted their price objective on Great Ajax from $16.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, August 17th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $16.80.

Great Ajax Profile

Great Ajax Corp. operates as a real estate investment trust. The firm acquires, invests and manages a portfolio of mortgage loans secured by single-family residences and single-family properties. It holds real-estate owned properties acquired upon the foreclosure, other settlement of owned non-performing loans, or that acquires in the market.

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Institutional Ownership by Quarter for Great Ajax (NYSE:AJX)

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