Kennedy Capital Management Inc. boosted its stake in shares of American Capital Mortgage Investment Corp. (NASDAQ:MTGE) by 150.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 248,013 shares of the real estate investment trust’s stock after buying an additional 148,800 shares during the period. Kennedy Capital Management Inc. owned 0.54% of American Capital Mortgage Investment Corp. worth $4,663,000 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. Wellington Management Group LLP boosted its stake in American Capital Mortgage Investment Corp. by 19.3% during the first quarter. Wellington Management Group LLP now owns 2,726,456 shares of the real estate investment trust’s stock worth $45,668,000 after buying an additional 441,008 shares during the last quarter. Prudential Financial Inc. boosted its stake in American Capital Mortgage Investment Corp. by 25.6% during the first quarter. Prudential Financial Inc. now owns 506,242 shares of the real estate investment trust’s stock worth $8,479,000 after buying an additional 103,200 shares during the last quarter. American International Group Inc. boosted its stake in American Capital Mortgage Investment Corp. by 7.2% during 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 last quarter. Citadel Advisors LLC boosted its stake in American Capital Mortgage Investment Corp. by 10.7% during the first quarter. Citadel Advisors LLC now owns 125,756 shares of the real estate investment trust’s stock worth $2,106,000 after buying an additional 12,124 shares during the last quarter. Finally, Great Lakes Advisors LLC boosted its stake in American Capital Mortgage Investment Corp. by 20.9% during the second quarter. Great Lakes Advisors LLC now owns 180,364 shares of the real estate investment trust’s stock worth $3,391,000 after buying an additional 31,199 shares during the last quarter. 73.92% of the stock is currently owned by institutional investors.

American Capital Mortgage Investment Corp. (MTGE) opened at 19.15 on Friday. The firm has a market cap of $877.01 million, a price-to-earnings ratio of 8.62 and a beta of 0.48. The firm’s 50-day moving average price is $19.10 and its 200-day moving average price is $18.15. American Capital Mortgage Investment Corp. has a 1-year low of $15.40 and a 1-year high of $19.65.

American Capital Mortgage Investment Corp. (NASDAQ:MTGE) last issued its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.53 EPS for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.06. The company had revenue of $23.39 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.85 earnings per share. On average, equities research analysts anticipate 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. Shareholders 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 9.40%. The ex-dividend date of this dividend is Thursday, September 28th. American Capital Mortgage Investment Corp.’s dividend payout ratio is presently 81.08%.

ILLEGAL ACTIVITY WARNING: This news story was published by Daily Political and is the sole property of of Daily Political. If you are accessing this news story on another domain, it was stolen and reposted in violation of United States & international trademark and copyright law. The original version of this news story can be viewed at https://www.dailypolitical.com/2017/09/16/kennedy-capital-management-inc-buys-148800-shares-of-american-capital-mortgage-investment-corp-mtge.html.

A number of research firms have weighed in on MTGE. Keefe, Bruyette & Woods reissued a “buy” rating and set a $20.00 price objective on shares of American Capital Mortgage Investment Corp. in a research note on Thursday. BidaskClub lowered American Capital Mortgage Investment Corp. from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $20.00.

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.

Want to see what other hedge funds are holding MTGE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Capital Mortgage Investment Corp. (NASDAQ:MTGE).

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

Receive News & Ratings for American Capital Mortgage Investment Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Capital Mortgage Investment Corp. and related companies with MarketBeat.com's FREE daily email newsletter.