Systematic Financial Management LP reduced its stake in shares of AG Mortgage Investment Trust, Inc. (NYSE:MITT) by 5.0% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 75,415 shares of the real estate investment trust’s stock after selling 3,950 shares during the period. Systematic Financial Management LP owned approximately 0.27% of AG Mortgage Investment Trust worth $1,451,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Creative Planning raised its holdings in shares of AG Mortgage Investment Trust by 104.4% in the second quarter. Creative Planning now owns 5,858 shares of the real estate investment trust’s stock valued at $107,000 after buying an additional 2,992 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of AG Mortgage Investment Trust in the third quarter valued at about $117,000. BNP Paribas Arbitrage SA raised its holdings in shares of AG Mortgage Investment Trust by 59.8% in the second quarter. BNP Paribas Arbitrage SA now owns 6,937 shares of the real estate investment trust’s stock valued at $127,000 after buying an additional 2,596 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of AG Mortgage Investment Trust in the second quarter valued at about $197,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of AG Mortgage Investment Trust in the second quarter valued at about $220,000. 64.40% of the stock is currently owned by institutional investors.

AG Mortgage Investment Trust, Inc. (NYSE:MITT) traded down $0.02 during mid-day trading on Thursday, hitting $19.28. 135,700 shares of the company traded hands, compared to its average volume of 159,506. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.23 and a current ratio of 1.23. The firm has a market capitalization of $544.12, a PE ratio of 9.85 and a beta of 0.91. AG Mortgage Investment Trust, Inc. has a twelve month low of $16.50 and a twelve month high of $19.72.

AG Mortgage Investment Trust (NYSE:MITT) last announced its earnings results on Tuesday, October 31st. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.04. The business had revenue of $21.60 million for the quarter, compared to analyst estimates of $21.65 million. AG Mortgage Investment Trust had a net margin of 74.99% and a return on equity of 11.21%. AG Mortgage Investment Trust’s revenue was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.50 earnings per share.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Friday, September 29th were issued a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 9.85%. The ex-dividend date of this dividend was Thursday, September 28th. AG Mortgage Investment Trust’s payout ratio is 66.43%.

Several research analysts have weighed in on the stock. BidaskClub lowered shares of AG Mortgage Investment Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. ValuEngine raised shares of AG Mortgage Investment Trust from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Finally, Credit Suisse Group reaffirmed a “hold” rating and set a $18.00 price target on shares of AG Mortgage Investment Trust in a research note on Thursday, August 10th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a strong buy rating to the company. AG Mortgage Investment Trust currently has an average rating of “Hold” and an average target price of $18.17.

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AG Mortgage Investment Trust Profile

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Institutional Ownership by Quarter for AG Mortgage Investment Trust (NYSE:MITT)

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