Economy

Cherry Hill Mortgage Investment (NYSE:CHMI) Experiences Heavier than Usual Trading Volume

The fund owned 454,854 shares of the real estate investment trust's stock after acquiring an additional 29,050 shares during the period. Ubs Group Ag bolstered its ownership by buying 11,200 shares an increase of 86,153.8% in the quarter. Accern also gave press articles about the real estate investment trust a media impact point of 46.2744466117549 out of 100, indicating that recent press coverage is fairly unlikely to affect on the stock's share value next few days. Global X Management Co.

Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) last released its quarterly earnings data on Tuesday, August 8th. Monarch Partners Asset Management LLC owns 24,862 shares valued at $459,000. Citadel Advisors LLC boosted its position in shares of American Capital Mortgage Investment Corp.by 44.4% in the third quarter. Wolverine Asset Management LLC now owns 627,853 shares of the real estate investment trust's stock valued at $9,913,000 after buying an additional 241,236 shares during the period. Institutional investors and hedge funds own 63.81% of the company's stock. (NASDAQ:MTGE) during the fourth quarter, Holdings Channel reports. 19,281 shares of the stock were exchanged. (NASDAQ:MTGE) traded down 1.54% during trading on Friday, hitting $16.00. The stock had a trading volume of 279,156 shares. Firm Capital Mortgage Investment Corp has a one year low of $12.14 and a one year high of $14.47. Finally, Maxim Group reiterated a "buy" rating and set a $21.25 price target on shares of American Capital Agency Corp.in a research report on Thursday, July 27th. The firm's 50 day moving average is $18.80 and its 200-day moving average is $18.23. Cherry Hill Mortgage Investment Corporation had a net margin of 138.90% and a return on equity of 9.49%. American Capital Mortgage Investment Corp. The business had revenue of $181 million for the quarter, compared to the consensus estimate of $203.44 million. During the same period in the prior year, the firm earned $0.73 earnings per share. The company's revenue for the quarter was up 8.8% compared to the same quarter past year. The Company is externally managed by Cherry Hill Mortgage Management, LLC. The company announced a dividend which was paid on Tuesday July 25th, 2017. The dividend yield was $10.71. The ex-dividend date of this dividend was Wednesday, December 28th.

MTGE Investment Corp. - 8.125% 's P/E ratio is 11.64 and the market value is 1.18B.

Delivering a strong EPS growth of 11.03% over the past year was a big feat for a small-cap company such as Firm Capital Mortgage Investment Corporation (TSX:FC), which now has a market capitalization of CAD $309.85M.

Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Cherry Hill Mortgage Investment Corporation (NYSE:CHMI).

Cherry Hill Mortgage Investment Corporation is a residential real estate finance company. The Company focuses on attaining this objective, subject to market conditions and availability and terms of financing, by selectively constructing and managing a targeted portfolio of Servicing Related Assets, residential mortgage-backed securities (RMBS), prime mortgage loans and other cashflowing residential mortgage assets.

Want to see what other hedge funds are holding MTGE?



Like this

Latest


15 September 2017
ECP orders federal police to arrest, produce PTI chief on Sept 25
However, he also argued that the party chief was overseas and had returned to the country just an hour ago. The ECP directed Imran to submit surety bond amounting to rupees one lakh by September 25.

15 September 2017
Typhoon Doksuri Hit Vietnam
Typhoon Doksuri , which is the most powerful storm to have hit Vietnam in the past ten years has wreaked havoc over the region. Strong winds have also ripped the roofs of dozens of houses, while several streets have benen flooded.

15 September 2017
Trump Administration Continues Sanctions Relief For Iran Under Nuclear Deal
But administration officials repeatedly have accused Iran of violating the "spirit" of the deal and undermining the goal of peace. Information for this article was contributed by Carol Morello of The Washington Post and by Matthew Lee of The Associated Press.

15 September 2017
Baidu, Inc. (BIDU) Shares Bought by ARGA Investment Management LP
Citigroup Inc. reissued a "hold" rating and set a $253.00 price objective on shares of Baidu in a research note on Thursday. The stock rose 0.66% or $1.55 reaching $237.96 per share. 2,355K shares changed hands in the last trading session.

15 September 2017
Black Knight Financial Services (NYSE:BKFS) Stock Is Shorted More
The stock of Black Knight Financial Services Inc (NYSE: BKFS ) has "Buy" rating given on Wednesday, January 13 by Bank of America. Bristol John W NY has invested 3.32% in JPMorgan Chase & Co. (NYSE:JPM). 59,022 were accumulated by Leavell Invest Mngmt.

15 September 2017
Seven Eight Capital LP Buys Shares of 16793 Skyworks Solutions, Inc. (SWKS)
The semiconductor manufacturer posted $1.57 Earnings per share for the period, exceeding wall street forecast of $1.52 by $0.05. It improved, as 53 investors sold EOG shares while 306 reduced holdings. 17 funds opened positions while 29 raised stakes.

15 September 2017
Today's Brokerage Rating: Facebook, Inc. (FB), Symantec Corporation (SYMC)
Following the transaction, the senior vice president now owns 112,907 shares in the company, valued at approximately $3,387,210. Beutel Goodman & Co Ltd increased Open Text Corp (NASDAQ:OTEX) stake by 137,450 shares to 5.15M valued at $318.33M in 2016Q4.

15 September 2017
What should 'Dreamers' do now? Rutgers offering free DACA help Saturday
The PCC Dream Center plans to serve 20 families and 20 students each academic term through the college's community resource hub. Almost 800,000 young immigrants are covered by DACA, including more than 22,000 in New Jersey, according to the U.S.

15 September 2017
Equifax Data Breach Exposes Information of Millions
Georgia residents are entitled to an additional two free credit reports per year from each of the reporting agencies. The data breach actually happened six weeks ago, but the company didn't announce it until last week.

15 September 2017
The Analysts Set Mettler-Toledo International, Inc. (MTD) Price Target at $393.83
The company reported $5.28 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $5.12 by $0.16. The Neumeier Poma Investment Counsel Llc holds 642,880 shares with $24.72 million value, up from 619,450 last quarter.



Recommended