Renaissance Technologies LLC increased its position in shares of American Capital Mortgage Investment Corp. (NASDAQ:MTGE) by 72.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 173,793 shares of the real estate investment trust’s stock after buying an additional 72,741 shares during the period. Renaissance Technologies LLC’s holdings in American Capital Mortgage Investment Corp. were worth $2,911,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Creative Planning raised its stake in American Capital Mortgage Investment Corp. by 76.8% in the first quarter. Creative Planning now owns 11,753 shares of the real estate investment trust’s stock worth $197,000 after buying an additional 5,105 shares during the period. Nisa Investment Advisors LLC bought a new stake in American Capital Mortgage Investment Corp. during the first quarter worth about $204,000. ClariVest Asset Management LLC raised its stake in American Capital Mortgage Investment Corp. by 5.4% in the first quarter. ClariVest Asset Management LLC now owns 16,953 shares of the real estate investment trust’s stock worth $284,000 after buying an additional 864 shares during the period. Virginia Retirement Systems ET AL bought a new stake in American Capital Mortgage Investment Corp. during the first quarter worth about $459,000. Finally, American International Group Inc. raised its stake in American Capital Mortgage Investment Corp. by 7.2% in the first quarter. American International Group Inc. now owns 28,366 shares of the real estate investment trust’s stock worth $475,000 after buying an additional 1,907 shares during the period. Institutional investors and hedge funds own 74.13% of the company’s stock.

Shares of American Capital Mortgage Investment Corp. (MTGE) remained flat at $19.15 during midday trading on Friday. 220,725 shares of the company were exchanged. American Capital Mortgage Investment Corp. has a 12-month low of $15.40 and a 12-month high of $19.65. The firm has a market capitalization of $877.01 million, a PE ratio of 8.62 and a beta of 0.48. The firm’s 50 day moving average is $18.91 and its 200-day moving average is $17.63.

American Capital Mortgage Investment Corp. (NASDAQ:MTGE) last posted its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.06. The business had revenue of $23.39 million for the quarter, compared to analyst estimates of $27.29 million. American Capital Mortgage Investment Corp. had a return on equity of 10.40% and a net margin of 104.38%. The firm’s revenue for the quarter was down .8% on a year-over-year basis. During the same period in the previous year, the company posted $0.85 earnings per share. On average, equities research analysts anticipate that American Capital Mortgage Investment Corp. will post $2.10 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 27th. Stockholders of record on Friday, June 30th were paid a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.40%. American Capital Mortgage Investment Corp.’s payout ratio is presently 81.08%.

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A number of research firms have recently issued reports on MTGE. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $20.00 target price on shares of American Capital Mortgage Investment Corp. in a research note on Friday, August 4th. BidaskClub lowered American Capital Mortgage Investment Corp. from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Citigroup Inc. reiterated a “neutral” rating on shares of American Capital Mortgage Investment Corp. in a research note on Thursday, May 11th. Maxim Group reiterated a “buy” rating and issued a $20.00 target price on shares of American Capital Mortgage Investment Corp. in a research note on Friday, May 5th. Finally, Zacks Investment Research upgraded American Capital Mortgage Investment Corp. from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research note on Tuesday, April 18th. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $18.70.

American Capital Mortgage Investment Corp. Company Profile

MTGE Investment Corp., formerly American Capital Mortgage Investment Corp., is a real estate investment trust. The Company invests in, finances and manages a leveraged portfolio of real estate-related investments, which include agency residential mortgage-backed securities (RMBS), non-agency securities, other mortgage-related investments and other real estate investments.

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Institutional Ownership by Quarter for American Capital Mortgage Investment Corp. (NASDAQ:MTGE)

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