Chicago Equity Partners LLC Sells 134,550 Shares of AG Mortgage Investment Trust Inc (MITT)

Chicago Equity Partners LLC cut its position in shares of AG Mortgage Investment Trust Inc (NYSE:MITT) by 91.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,600 shares of the real estate investment trust’s stock after selling 134,550 shares during the period. Chicago Equity Partners LLC’s holdings in AG Mortgage Investment Trust were worth $219,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. SG Americas Securities LLC purchased a new stake in AG Mortgage Investment Trust during the first quarter worth $111,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lifted its holdings in AG Mortgage Investment Trust by 103.0% during the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 88,300 shares of the real estate investment trust’s stock valued at $1,679,000 after purchasing an additional 44,800 shares in the last quarter. Sterling Capital Management LLC purchased a new position in AG Mortgage Investment Trust during the fourth quarter valued at $907,000. MetLife Investment Advisors LLC purchased a new position in AG Mortgage Investment Trust during the fourth quarter valued at $273,000. Finally, Municipal Employees Retirement System of Michigan lifted its holdings in AG Mortgage Investment Trust by 30.1% during the fourth quarter. Municipal Employees Retirement System of Michigan now owns 46,690 shares of the real estate investment trust’s stock valued at $888,000 after purchasing an additional 10,790 shares in the last quarter. 62.38% of the stock is currently owned by hedge funds and other institutional investors.

MITT has been the topic of several recent analyst reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $18.25 price objective on shares of AG Mortgage Investment Trust in a report on Thursday, March 1st. ValuEngine downgraded shares of AG Mortgage Investment Trust from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $18.13.

AG Mortgage Investment Trust traded up $0.15, hitting $19.02, during midday trading on Thursday, according to MarketBeat Ratings. 91,400 shares of the company traded hands, compared to its average volume of 129,838. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.03. The company has a market cap of $537.23 million, a price-to-earnings ratio of 9.20 and a beta of 0.75. AG Mortgage Investment Trust Inc has a 52-week low of $16.31 and a 52-week high of $19.95.

AG Mortgage Investment Trust (NYSE:MITT) last posted its quarterly earnings data on Wednesday, May 2nd. The real estate investment trust reported $0.59 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.10. The business had revenue of $24.03 million for the quarter. AG Mortgage Investment Trust had a net margin of 72.51% and a return on equity of 11.95%.

AG Mortgage Investment Trust Profile

AG Mortgage Investment Trust, Inc, a real estate investment trust, focuses on investing in, acquiring, and managing a portfolio of residential mortgage assets, other real estate-related securities, and financial assets. The company invests in residential mortgage-backed securities (RMBS) issued or guaranteed by a U.S.

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

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