Goldman Sachs Group Inc. Purchases 66,933 Shares of Anworth Mortgage Asset Corporation (NYSE:ANH)
Goldman Sachs Group Inc. raised its position in Anworth Mortgage Asset Corporation (NYSE:ANH) by 7.6% during the first quarter, according to its most recent filing with the SEC. The firm owned 949,963 shares of the real estate investment trust’s stock after buying an additional 66,933 shares during the period. Goldman Sachs Group Inc. owned about 0.99% of Anworth Mortgage Asset Corporation worth $5,273,000 as of its most recent filing with the SEC.
Other large investors have also added to or reduced their stakes in the company. Norges Bank acquired a new stake in Anworth Mortgage Asset Corporation during the fourth quarter worth approximately $6,541,000. Guggenheim Capital LLC boosted its stake in Anworth Mortgage Asset Corporation by 37.9% in the fourth quarter. Guggenheim Capital LLC now owns 49,080 shares of the real estate investment trust’s stock worth $253,000 after buying an additional 13,490 shares during the last quarter. Karp Capital Management Corp acquired a new stake in Anworth Mortgage Asset Corporation during the first quarter worth approximately $326,000. State Street Corp boosted its stake in Anworth Mortgage Asset Corporation by 2.6% in the fourth quarter. State Street Corp now owns 2,408,913 shares of the real estate investment trust’s stock worth $12,452,000 after buying an additional 62,117 shares during the last quarter. Finally, Teacher Retirement System of Texas acquired a new stake in Anworth Mortgage Asset Corporation during the first quarter worth approximately $229,000. Institutional investors own 58.28% of the company’s stock.
Shares of Anworth Mortgage Asset Corporation (ANH) traded up 1.00% during midday trading on Friday, reaching $6.08. The company had a trading volume of 495,020 shares. The company has a 50 day moving average of $6.05 and a 200 day moving average of $5.78. The firm has a market capitalization of $593.11 million, a price-to-earnings ratio of 9.61 and a beta of 0.27. Anworth Mortgage Asset Corporation has a 12-month low of $4.69 and a 12-month high of $6.35.
Anworth Mortgage Asset Corporation (NYSE:ANH) last posted its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by $0.01. Anworth Mortgage Asset Corporation had a net margin of 44.13% and a return on equity of 8.83%. The firm had revenue of $13.89 million during the quarter, compared to the consensus estimate of $17.78 million. During the same period in the prior year, the company posted $0.15 EPS. The firm’s revenue was up 23.8% compared to the same quarter last year. Analysts anticipate that Anworth Mortgage Asset Corporation will post $0.53 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, July 28th. Shareholders of record on Friday, June 30th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 9.87%. The ex-dividend date of this dividend was Wednesday, June 28th. Anworth Mortgage Asset Corporation’s dividend payout ratio is 95.24%.
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ANH has been the topic of a number of recent analyst reports. TheStreet upgraded Anworth Mortgage Asset Corporation from a “d+” rating to a “c” rating in a research note on Tuesday, May 2nd. Credit Suisse Group restated a “hold” rating and issued a $6.00 price objective on shares of Anworth Mortgage Asset Corporation in a research note on Friday, August 4th.
Anworth Mortgage Asset Corporation Company Profile
Anworth Mortgage Asset Corporation is a real estate investment trust (REIT). The Company’s investment objective is to provide risk-adjusted total returns to its stockholders over the long-term primarily through dividends and secondarily through capital appreciation. Its strategy is to invest in residential mortgage-backed securities (MBS) (both Agency MBS and Non-Agency MBS), residential mortgage loans and residential rental properties.
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