KBC Group NV trimmed its stake in Anworth Mortgage Asset Corporation (NYSE:ANH) by 8.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 135,298 shares of the real estate investment trust’s stock after selling 12,046 shares during the quarter. KBC Group NV owned approximately 0.14% of Anworth Mortgage Asset worth $813,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Anworth Mortgage Asset by 1.6% in the second quarter. Vanguard Group Inc. now owns 8,392,173 shares of the real estate investment trust’s stock valued at $50,438,000 after purchasing an additional 135,959 shares during the period. Renaissance Technologies LLC grew its position in shares of Anworth Mortgage Asset by 9.3% in the second quarter. Renaissance Technologies LLC now owns 3,856,920 shares of the real estate investment trust’s stock valued at $23,180,000 after purchasing an additional 328,800 shares during the period. State Street Corp grew its position in shares of Anworth Mortgage Asset by 18.8% in the first quarter. State Street Corp now owns 2,862,931 shares of the real estate investment trust’s stock valued at $15,900,000 after purchasing an additional 454,018 shares during the period. Boston Partners grew its position in shares of Anworth Mortgage Asset by 3.8% in the third quarter. Boston Partners now owns 2,215,612 shares of the real estate investment trust’s stock valued at $13,316,000 after purchasing an additional 80,682 shares during the period. Finally, Global X MANAGEMENT CO LLC grew its position in shares of Anworth Mortgage Asset by 5.4% in the third quarter. Global X MANAGEMENT CO LLC now owns 1,795,784 shares of the real estate investment trust’s stock valued at $10,793,000 after purchasing an additional 92,020 shares during the period. 56.59% of the stock is owned by institutional investors.

Shares of Anworth Mortgage Asset Corporation (ANH) opened at $5.66 on Friday. Anworth Mortgage Asset Corporation has a 1 year low of $5.07 and a 1 year high of $6.35. The company has a debt-to-equity ratio of 1.17, a current ratio of 46.47 and a quick ratio of 46.47. The company has a market capitalization of $553.34, a price-to-earnings ratio of 10.85 and a beta of 0.19.

Anworth Mortgage Asset (NYSE:ANH) last posted its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.12. Anworth Mortgage Asset had a return on equity of 8.84% and a net margin of 37.57%. The firm had revenue of $16.04 million during the quarter, compared to the consensus estimate of $16.31 million. During the same quarter in the previous year, the business earned $0.13 earnings per share.

Separately, ValuEngine downgraded Anworth Mortgage Asset from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 26th.

COPYRIGHT VIOLATION NOTICE: “KBC Group NV Has $813,000 Stake in Anworth Mortgage Asset Corporation (ANH)” was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The original version of this news story can be accessed at https://www.thecerbatgem.com/2017/12/15/kbc-group-nv-has-813000-stake-in-anworth-mortgage-asset-corporation-anh.html.

Anworth Mortgage Asset 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.

Institutional Ownership by Quarter for Anworth Mortgage Asset (NYSE:ANH)

Receive News & Stock Ratings for Anworth Mortgage Asset Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anworth Mortgage Asset and related stocks with our FREE daily email newsletter.