Chicago Equity Partners LLC Buys 62,005 Shares of AG Mortgage Investment Trust, Inc. (MITT)

Chicago Equity Partners LLC raised its holdings in AG Mortgage Investment Trust, Inc. (NYSE:MITT) by 72.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 147,150 shares of the real estate investment trust’s stock after purchasing an additional 62,005 shares during the quarter. Chicago Equity Partners LLC owned 0.52% of AG Mortgage Investment Trust worth $2,797,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. UBS Asset Management Americas Inc. raised its position in AG Mortgage Investment Trust by 0.4% in the second quarter. UBS Asset Management Americas Inc. now owns 16,672 shares of the real estate investment trust’s stock valued at $305,000 after purchasing an additional 73 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of AG Mortgage Investment Trust by 0.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 22,069 shares of the real estate investment trust’s stock valued at $404,000 after buying an additional 93 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of AG Mortgage Investment Trust by 0.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 130,212 shares of the real estate investment trust’s stock valued at $2,382,000 after buying an additional 1,197 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in shares of AG Mortgage Investment Trust by 1.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 126,759 shares of the real estate investment trust’s stock valued at $2,320,000 after buying an additional 1,599 shares during the period. Finally, Nationwide Fund Advisors raised its holdings in shares of AG Mortgage Investment Trust by 7.8% in the 2nd quarter. Nationwide Fund Advisors now owns 26,340 shares of the real estate investment trust’s stock valued at $482,000 after buying an additional 1,900 shares during the period. Institutional investors own 65.68% of the company’s stock.

Shares of AG Mortgage Investment Trust, Inc. (MITT) opened at $16.79 on Monday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $473.35, a price-to-earnings ratio of 8.57 and a beta of 0.74. AG Mortgage Investment Trust, Inc. has a 1-year low of $16.39 and a 1-year high of $19.95.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Friday, December 29th were issued a $0.475 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $1.90 annualized dividend and a dividend yield of 11.32%. AG Mortgage Investment Trust’s dividend payout ratio is presently 66.43%.

Separately, BidaskClub downgraded AG Mortgage Investment Trust from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $18.17.

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AG Mortgage Investment Trust Profile

AG Mortgage Investment Trust, Inc is a real estate investment trust (REIT). The Company focuses on investing in, acquiring and managing a diversified portfolio of residential mortgage assets, other real estate-related securities and financial assets, which the Company refers to as its target assets. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise, such as The Federal National Mortgage Association (Fannie Mae) or The Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, GSEs), or any agency of the United States Government, such as The Government National Mortgage Association (Ginnie Mae) (collectively Agency RMBS), and other real estate-related securities and financial assets, including Non-Agency RMBS, asset backed securities (ABS), commercial mortgage-backed securities (CMBS) and loans.

Institutional Ownership by Quarter for AG Mortgage Investment Trust (NYSE:MITT)

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