American Capital Mortgage Investment Corp. (NASDAQ:MTGE) hit a new 52-week high during trading on Friday . The company traded as high as $16.40 and last traded at $16.36, with a volume of 385,679 shares changing hands. The stock had previously closed at $16.31.

MTGE has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded American Capital Mortgage Investment Corp. from a “hold” rating to a “sell” rating in a research report on Thursday, July 14th. Credit Suisse Group AG downgraded American Capital Mortgage Investment Corp. from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 1st. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $17.21.

The stock’s market capitalization is $745.41 million. The stock’s 50 day moving average price is $15.80 and its 200-day moving average price is $14.63.

American Capital Mortgage Investment Corp. (NASDAQ:MTGE) last issued its quarterly earnings results on Wednesday, April 27th. The real estate investment trust reported ($0.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by $0.97. The business earned $27.49 million during the quarter, compared to analysts’ expectations of $35.45 million. The business’s quarterly revenue was down 26.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.59 earnings per share. On average, analysts forecast that American Capital Mortgage Investment Corp. will post $2.68 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 27th. Stockholders of record on Thursday, June 30th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, June 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 9.81%.

In other news, CEO Gary D. Kain sold 53,598 shares of the stock in a transaction on Tuesday, July 5th. The stock was sold at an average price of $15.61, for a total transaction of $836,664.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Donald Holley sold 8,528 shares of the stock in a transaction on Tuesday, July 5th. The shares were sold at an average price of $15.61, for a total value of $133,122.08. The disclosure for this sale can be found here.

Other large investors recently made changes to their positions in the company. California State Teachers Retirement System increased its stake in shares of American Capital Mortgage Investment Corp. by 1.5% in the fourth quarter. California State Teachers Retirement System now owns 94,791 shares of the real estate investment trust’s stock worth $1,323,000 after buying an additional 1,436 shares during the period. Boston Partners increased its stake in shares of American Capital Mortgage Investment Corp. by 4.4% in the fourth quarter. Boston Partners now owns 502,173 shares of the real estate investment trust’s stock worth $7,010,000 after buying an additional 21,307 shares during the period. Finally, Whitebox Advisors LLC increased its stake in shares of American Capital Mortgage Investment Corp. by 10.9% in the fourth quarter. Whitebox Advisors LLC now owns 1,210,855 shares of the real estate investment trust’s stock worth $16,904,000 after buying an additional 119,167 shares during the period.

American Capital Mortgage Investment Corp. is a mortgage real estate investment trust (REIT) that invests in, finances and manages a leveraged portfolio of mortgage-related investments, including agency residential mortgage-backed securities (RMBS), non-agency mortgage investments and other mortgage-related investments.

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