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

loading...
loading...

Latest


15 Сентября 2017
Dead in MBTA Commuter Rail Incident in Natick
All trains on the Framingham/Worcester line are expected to have significant delays west of Natick for the morning commute. A Boston 25 News camera was on scene as trains began slowly passing through the scene as investigators continued working.

15 Сентября 2017
Tata Sons seeks shareholders' nod to change status to private limited company
Tata Sons spokesperson says, "As far as Tata Teleservices is concerned, the group is examining all options at this point in time". Tata Sons will be called Tata Sons Private Limited once the Tatas-run company changes its structure to a private entity.

15 Сентября 2017
Karim to continue as Kirkuk Governor, says Iraqi Parliament's dismissal 'illegal'
The Kurdish presidency said the autonomous region's political leaders would study the proposal, without giving details. The U.S. does not support the referendum, arguing it will destabilize Iraq and harm the ongoing fight against IS.

15 Сентября 2017
Canada Pension Plan Investment Board Raises Holdings in CarMax Inc (KMX)
Kcm Inv Advsr Lc accumulated 3,540 shares. 330.38 million shares or 1.86% less from 336.63 million shares in 2016Q3 were reported. The firm owned 18,794 shares of the company's stock after purchasing an additional 3,308 shares during the quarter.

15 Сентября 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 Сентября 2017
Apple Inc. (AAPL) Receives Outperform Rating from BMO Capital Markets
Lbmc Investment Advisors LLC grew its position in Apple by 1.1% in the 1st quarter. (NASDAQ: AAPL ) rating on Monday, August 31. The iPhone maker reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.10.

15 Сентября 2017
Isis fighter from USA surrenders before Syrian Democratic Forces
Ryan Dillon would not explicitly confirm the reports in a Thursday briefing with Pentagon reporters. CNN contacted the State Department for further details, but were given none.

15 Сентября 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 Сентября 2017
Apple's New 4K Content Lands On iTunes
Apple hasn't shared a firm launch date for the Apple TV 4K in India. Now, the Apple Company is sticking with soon. The 4K is earlier from the iTunes stores.

15 Сентября 2017
United States Signs $500 Million Compact With Nepal
Nepal is the only country in the South Asian region to receive the Millennium Challenge Corporation of the U.S. government. The MCC selects countries for such grants through a competitive selection process among the best-governed poor countries.