Systematic Financial Management LP lessened its stake in American Capital Mortgage Investment Corp. (NASDAQ:MTGE) by 5.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 97,935 shares of the real estate investment trust’s stock after selling 5,220 shares during the quarter. Systematic Financial Management LP owned approximately 0.21% of American Capital Mortgage Investment Corp. worth $1,841,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of MTGE. Wellington Management Group LLP boosted its position in shares of American Capital Mortgage Investment Corp. by 19.3% during the 1st quarter. Wellington Management Group LLP now owns 2,726,456 shares of the real estate investment trust’s stock valued at $45,668,000 after acquiring an additional 441,008 shares during the last quarter. Prudential Financial Inc. boosted its position in shares of American Capital Mortgage Investment Corp. by 25.6% during the 1st quarter. Prudential Financial Inc. now owns 506,242 shares of the real estate investment trust’s stock valued at $8,479,000 after acquiring an additional 103,200 shares during the last quarter. American International Group Inc. boosted its position in shares of American Capital Mortgage Investment Corp. by 7.2% during the 1st quarter. American International Group Inc. now owns 28,366 shares of the real estate investment trust’s stock valued at $475,000 after acquiring an additional 1,907 shares during the last quarter. Citadel Advisors LLC boosted its position in shares of American Capital Mortgage Investment Corp. by 10.7% during the 1st quarter. Citadel Advisors LLC now owns 125,756 shares of the real estate investment trust’s stock valued at $2,106,000 after acquiring an additional 12,124 shares during the last quarter. Finally, Great Lakes Advisors LLC boosted its position in shares of American Capital Mortgage Investment Corp. by 20.9% during the 2nd quarter. Great Lakes Advisors LLC now owns 180,364 shares of the real estate investment trust’s stock valued at $3,391,000 after acquiring an additional 31,199 shares during the last quarter. 73.92% of the stock is owned by institutional investors.

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Several brokerages have recently weighed in on MTGE. Keefe, Bruyette & Woods reissued a “buy” rating and set a $20.00 price target on shares of American Capital Mortgage Investment Corp. in a research report on Friday, August 4th. BidaskClub cut shares of American Capital Mortgage Investment Corp. from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 16th. Two 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 stock. American Capital Mortgage Investment Corp. has an average rating of “Buy” and a consensus price target of $20.00.

American Capital Mortgage Investment Corp. (NASDAQ:MTGE) opened at 18.85 on Friday. The firm has a market cap of $863.27 million, a PE ratio of 8.49 and a beta of 0.48. The stock’s 50 day moving average is $19.09 and its 200 day moving average is $18.13. American Capital Mortgage Investment Corp. has a 12 month low of $15.40 and a 12 month high of $19.65.

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, beating 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 business’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter last year, the company earned $0.85 earnings per share. On average, equities analysts forecast that American Capital Mortgage Investment Corp. will post $2.11 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 27th. Investors of record on Friday, September 29th will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.55%. The ex-dividend date of this dividend is Thursday, September 28th. American Capital Mortgage Investment Corp.’s payout ratio is currently 81.08%.

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.

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

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