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American Mortgage Corporation

American Capital Mortgage Investment Corp. (NASDAQ:MTGE) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday.

According to Zacks, “MTGE Investment Corp. is a hybrid mortgage real estate investment trust. It invests in agency mortgage-backed securities, non-agency mortgage investment and other real estate-related assets, including skilled nursing and senior living facilities operated by third parties. MTGE Investment Corp., formerly known as American Capital Mortgage Investment Corp., is based in Bethesda, Maryland. “

American Capital Mortgage Investment Corp. (NASDAQ:MTGE) opened at 15.95 on Thursday. The stock has a market cap of $730.46 million, a PE ratio of 9.61 and a beta of 0.44. The company’s 50 day moving average is $16.26 and its 200 day moving average is $16.76. American Capital Mortgage Investment Corp. has a one year low of $12.49 and a one year high of $17.77.

High Pointe Capital Management LLC cut its position in shares of American Capital Agency Corp. (NASDAQ:AGNC) by 24.7% during the third quarter, Holdings Channel reports. The fund owned 40,210 shares of the real estate investment trust’s stock after selling 13,200 shares during the period. High Pointe Capital Management LLC’s holdings in American Capital Agency Corp. were worth $786,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in

AGNC. First Allied Advisory Services Inc. boosted its stake in American Capital Agency Corp. by 1.1% in the second quarter. First Allied Advisory Services Inc. now owns 23,111 shares of the real estate investment trust’s stock valued at $458,000 after buying an additional 249 shares during the period. Paradigm Asset Management Co. LLC boosted its stake in American Capital Agency Corp. by 5.0% in the second quarter. Paradigm Asset Management Co. LLC now owns 5,850 shares of the real estate investment trust’s stock valued at $116,000 after buying an additional 277 shares during the period. Murphy Capital Management Inc. boosted its stake in American Capital Agency Corp. by 3.0% in the third quarter. Murphy Capital Management Inc. now owns 17,793 shares of the real estate investment trust’s stock valued at $347,000 after buying an additional 522 shares during the period. Baird Financial Group Inc. boosted its stake in American Capital Agency Corp. by 1.0% in the second quarter. Baird Financial Group Inc. now owns 56,400 shares of the real estate investment trust’s stock valued at $1,118,000 after buying an additional 574 shares during the period. Finally, Diligent Investors LLC boosted its stake in American Capital Agency Corp. by 10.6% in the second quarter. Diligent Investors LLC now owns 11,056 shares of the real estate investment trust’s stock valued at $219,000 after buying an additional 1,056 shares during the period. Institutional investors own 53.96% of the company’s stock.


Category: American mortgage

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