05/08/2015 - New York Mortgage Trust, Inc. was downgraded to "hold" by analysts at Zacks. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have issued a buy recommendation on the company. A recent bid put the stock price near $18.19.
11/13/2015 - Western Asset Mortgage Capital Corporation had its "market perform" rating reiterated by analysts at Keefe, Bruyette & Woods.
Separately, Zacks Investment Research upgraded Western Asset Mortgage Capital Corporation from a "hold" rating to a "buy" rating and set a $11.00 price objective for the company in a research note on Friday, November 4th. Nomura reissued a "buy" rating and set a $17.00 target price on shares of INVESCO MORTGAGE CAPITAL INC in a research note on Tuesday, November 8th. They now have a Dollars 16 price target on the stock.
Shares of PennyMac Mortgage Investment Trust (NYSE:PMT) opened at 16.37 on Wednesday. INVESCO MORTGAGE CAPITAL INC has a 52-week low of $9.74 and a 52-week high of $16.28. They now have a United States dollars 14 price target on the stock. The stock's market capitalization is 723.16M. Credit Suisse AG now owns 1,131,383 shares of the real estate investment trust's stock valued at $15,488,000 after buying an additional 436,469 shares in the last quarter. The real estate investment trust reported $0.41 EPS for the quarter, meeting the consensus estimate of $0.41. Western Asset Mortgage Capital Corporation had a positive return on equity of 9.54% and a negative net margin of 5.53%. During the same period in the previous year, the firm earned $0.40 earnings per share. Stockholders of record on Tuesday, January 3rd will be paid a $0.31 dividend. The ex-dividend date is Thursday, December 29th. This represents a $1.60 dividend on an annualized basis and a yield of 10.83%. Invesco Mortgage Capital's payout ratio is now -86.02%.
COPYRIGHT VIOLATION WARNING: This article was posted by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and worldwide copyright and trademark law. They issued a "neutral" rating and a $16.75 price target for the company.
Western Asset Mortgage Capital Corporation has a 50 day moving average of 10.57 and a 200 day moving average of 10.26. LLC now owns 1,071,268 shares of the company's stock valued at $17,387,000 after buying an additional 76,470 shares in the last quarter. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.27% of the company's stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PMT. They now have a United States dollars 17 price target on the stock. Acrospire Investment Management LLC now owns 8,000 shares of the real estate investment trust's stock valued at $110,000 after buying an additional 3,000 shares in the last quarter.
12/03/2015 - Western Asset Mortgage Capital Corporation had its "neutral" rating reiterated by analysts at JP Morgan.
05/09/2014 - Western Asset Mortgage Capital Corporation had its "hold" rating reiterated by analysts at Jefferies. UBS Group AG boosted its position in Western Asset Mortgage Capital Corporation by 10.1% in the third quarter. Public Employees Retirement System of OH now owns 9,843 shares of the real estate investment trust's stock valued at $135,000 after buying an additional 493 shares in the last quarter. In addition, the Company also invests in other securities, including certain Agency obligations that are not technically mortgage-backed securities (MBS), as well as in certain Non-United States CMBS and asset-backed securities (ABS) investments secured by a portfolio private student loans.