29 May, 2017
Anworth Mortgage Asset Corporation is a real estate investment trust (REIT). Wells Fargo downgraded Invesco Mortgage Capital Inc (NYSE:IVR) on Monday, January 18 to "Market Perform" rating.
05/04/2015 - Anworth Mortgage Asset Corporation had its " rating reiterated by analysts at RBC Capital.
IVR has been the topic of a number of research reports. Instinet had a markedly different take on 24/02/2017, proposing that Invesco Mortgage Capital Inc.is now considered Neutral versus prior Buy rating. TheStreet raised Invesco Mortgage Capital from a "d+" rating to a "c-" rating in a research note on Wednesday, February 22nd. Wunderlich has "Hold" rating and $9.50 target.
Shares of Western Asset Mortgage Capital Corp (NYSE:WMC) remained flat at $10.26 during midday trading on Thursday. The company's stock has a normal trading capacity of 929.73K shares while the relative volume is 0.72. The firm has a market cap of $1.79 billion, a PE ratio of 4.20 and a beta of 0.76. The company maintains price to book ratio of 5.64 vs.an industry average at 2.13. Deutsche Bank maintained Western Asset Mortgage Capital Corp (NYSE:WMC) rating on Wednesday, August 10. The financial services provider reported $0.42 EPS for the quarter, topping the Zacks' consensus estimate of $0.32 by $0.10. The business had revenue of $86.27 million for the quarter, compared to the consensus estimate of $80.90 million. Western Asset Mortgage Capital Corp had a positive return on equity of 9.54% and a negative net margin of 5.53%. The business's quarterly revenue was down 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.39 earnings per share.
Anworth Mortgage Asset (NYSE:ANH) last posted its earnings results on Tuesday, May 2nd.
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The firm also recently announced a quarterly dividend, which was paid on Friday, April 28th. The ex-dividend date of this dividend was Thursday, March 30th.
The stock increased 0.39% or $0.04 on May 25, reaching $10.26. Zacks Investment Research cut Western Asset Mortgage Capital Corp from a strong-buy rating to a hold rating in a research note on Saturday, January 7th.
Raymond James & Associates increased Whiting Pete Corp New (NYSE:WLL) stake by 145,736 shares to 501,777 valued at $6.03 million in 2016Q4. The lowest 12-month price target for the shares is $15.50, which would be decrease of about -4% of its current value. Following the purchase, the insider now owns 13,668 shares of the company's stock, valued at $205,020. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.
In other news, insider Jennifer Murphy acquired 5,000 shares of Western Asset Mortgage Capital Corp stock in a transaction that occurred on Wednesday, March 8th. MA ended last trade at $31.55 a share and the price is up more than 44.72% so far this year. The disclosure for this purchase can be found here. Following the completion of the transaction, the insider now owns 13,668 shares in the company, valued at $205,020.
Several other hedge funds also recently made changes to their positions in the company. Moore Capital Management LP increased its position in Invesco Mortgage Capital by 140.0% in the third quarter. UBS Asset Management Americas Inc. now owns 41,192 shares of the financial services provider's stock valued at $429,000 after buying an additional 8,100 shares during the last quarter.
Shares of Western Asset Mortgage Capital Corp (NYSE:WMC) have been assigned an average rating of "Hold" from the six brokerages that are covering the stock. California State Teachers Retirement System raised its position in Invesco Mortgage Capital by 0.9% in the third quarter. The firm acquired 1,265,174 shares of the real estate investment trust's stock, valued at approximately $6,541,000. Schwab Charles Investment Management Inc. increased its stake in shares of Western Asset Mortgage Capital Corp by 8.3% in the first quarter. IFP Advisors Inc now owns 14,541 shares of the real estate investment trust's stock valued at $224,000 after buying an additional 749 shares during the last quarter. Institutional investors own 62.96% of the company's stock.
