Metropolitan Life Insurance Co. NY Has $575,000 Position in American Capital Mortgage Investment Corp. (MTGE)

Metropolitan Life Insurance Co. NY held its position in American Capital Mortgage Investment Corp. (NASDAQ:MTGE) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 34,330 shares of the real estate investment trust’s stock at the end of the first quarter. Metropolitan Life Insurance Co. NY owned about 0.07% of American Capital Mortgage Investment Corp. worth $575,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP boosted its position in American Capital Mortgage Investment Corp. by 19.3% in the first quarter. Wellington Management Group LLP now owns 2,726,456 shares of the real estate investment trust’s stock worth $45,668,000 after buying an additional 441,008 shares during the last quarter. Global X Management Co. LLC boosted its position in American Capital Mortgage Investment Corp. by 36.5% in the first quarter. Global X Management Co. LLC now owns 1,080,386 shares of the real estate investment trust’s stock worth $18,096,000 after buying an additional 288,852 shares in the last quarter. Vanguard Group Inc. boosted its position in American Capital Mortgage Investment Corp. by 6.6% in the first quarter. Vanguard Group Inc. now owns 3,793,053 shares of the real estate investment trust’s stock worth $63,535,000 after buying an additional 235,434 shares in the last quarter. UBS Group AG boosted its position in American Capital Mortgage Investment Corp. by 10.2% in the first quarter. UBS Group AG now owns 2,120,178 shares of the real estate investment trust’s stock worth $35,513,000 after buying an additional 196,859 shares in the last quarter. Finally, BNP Paribas Arbitrage SA acquired a new position in American Capital Mortgage Investment Corp. during the first quarter worth approximately $2,939,000. 73.21% of the stock is currently owned by hedge funds and other institutional investors.

American Capital Mortgage Investment Corp. (MTGE) traded up 1.05% during mid-day trading on Friday, reaching $19.30. The company’s stock had a trading volume of 160,641 shares. The firm’s 50 day moving average is $18.93 and its 200-day moving average is $17.74. The company has a market cap of $883.88 million, a PE ratio of 8.69 and a beta of 0.48. American Capital Mortgage Investment Corp. has a 12-month low of $15.40 and a 12-month high of $19.65.

American Capital Mortgage Investment Corp. (NASDAQ:MTGE) last released its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.06. The business had revenue of $23.39 million for the quarter, compared to the consensus estimate of $27.29 million. American Capital Mortgage Investment Corp. had a return on equity of 10.40% and a net margin of 104.38%. The business’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter last year, the business posted $0.85 earnings per share. Equities analysts anticipate that American Capital Mortgage Investment Corp. will post $2.10 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 27th. Investors of record on Friday, June 30th were given a dividend of $0.45 per share. The ex-dividend date was Wednesday, June 28th. This represents a $1.80 dividend on an annualized basis and a yield of 9.33%. American Capital Mortgage Investment Corp.’s payout ratio is 81.08%.

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A number of research analysts recently commented on the company. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $20.00 price target on shares of American Capital Mortgage Investment Corp. in a report on Friday, August 4th. BidaskClub cut American Capital Mortgage Investment Corp. from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Maxim Group reissued a “buy” rating and issued a $20.00 price target on shares of American Capital Mortgage Investment Corp. in a report on Monday, May 15th. Citigroup Inc. reissued a “neutral” rating on shares of American Capital Mortgage Investment Corp. in a report on Thursday, May 11th. Finally, Zacks Investment Research raised American Capital Mortgage Investment Corp. from a “hold” rating to a “strong-buy” rating and set a $20.00 price target on the stock in a report on Saturday, May 6th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. American Capital Mortgage Investment Corp. has an average rating of “Buy” and an average target price of $19.38.

About American Capital Mortgage Investment Corp.

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

Institutional Ownership by Quarter for American Capital Mortgage Investment Corp. (NASDAQ:MTGE)

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