American Financial Group Inc. continued to hold its stake in Anworth Mortgage Asset Corp. (NYSE:ANH) during the third quarter, Holdings Channel reports. The firm owned 1,417,950 shares of the real estate investment trust’s stock at the end of the third quarter. American Financial Group Inc.’s holdings in Anworth Mortgage Asset Corp. were worth $6,977,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. increased its position in Anworth Mortgage Asset Corp. by 373.8% in the second quarter. BlackRock Inc. now owns 34,440 shares of the real estate investment trust’s stock worth $162,000 after buying an additional 27,171 shares in the last quarter. Daiwa Securities Group Inc. purchased a new position in Anworth Mortgage Asset Corp. during the second quarter worth approximately $212,000. Aperio Group LLC increased its position in Anworth Mortgage Asset Corp. by 12.0% in the third quarter. Aperio Group LLC now owns 43,867 shares of the real estate investment trust’s stock worth $216,000 after buying an additional 4,711 shares in the last quarter. Emerald Acquisition Ltd. purchased a new position in Anworth Mortgage Asset Corp. during the second quarter worth approximately $227,000. Finally, BlackRock Advisors LLC increased its position in Anworth Mortgage Asset Corp. by 2.8% in the second quarter. BlackRock Advisors LLC now owns 50,565 shares of the real estate investment trust’s stock worth $238,000 after buying an additional 1,391 shares in the last quarter. 57.04% of the stock is owned by institutional investors and hedge funds.

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

Shares of Anworth Mortgage Asset Corp. (NYSE:ANH) traded up 0.96% during trading on Tuesday, reaching $5.25. The company’s stock had a trading volume of 621,417 shares. The stock’s 50 day moving average price is $4.96 and its 200 day moving average price is $4.85. Anworth Mortgage Asset Corp. has a 52 week low of $3.66 and a 52 week high of $5.28. The company has a market cap of $502.49 million, a PE ratio of 15.49 and a beta of 0.23.

Anworth Mortgage Asset Corp. (NYSE:ANH) last posted its earnings results on Wednesday, November 2nd. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.01. The company earned $18.74 million during the quarter, compared to analyst estimates of $18.10 million. Anworth Mortgage Asset Corp. had a return on equity of 9.44% and a net margin of 31.02%. The company’s revenue for the quarter was down 23.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.14 EPS. Equities research analysts predict that Anworth Mortgage Asset Corp. will post $0.07 EPS for the current year.

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A number of research firms recently commented on ANH. TheStreet upgraded Anworth Mortgage Asset Corp. from a “sell” rating to a “hold” rating in a report on Thursday, November 3rd. Credit Suisse Group AG restated a “hold” rating and issued a $5.50 price objective on shares of Anworth Mortgage Asset Corp. in a report on Friday, September 9th. Finally, Zacks Investment Research downgraded Anworth Mortgage Asset Corp. from a “buy” rating to a “hold” rating in a report on Thursday, August 11th.

About Anworth Mortgage Asset Corp.

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 through dividends and through capital appreciation. Its strategy is to invest in residential mortgage-backed securities (MBS) and residential mortgage loans.

5 Day Chart for NYSE:ANH

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