LSV Asset Management decreased its position in shares of New York Mortgage Trust Inc (NASDAQ:NYMT) by 0.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,378,011 shares of the real estate investment trust’s stock after selling 9,700 shares during the period. LSV Asset Management’s holdings in New York Mortgage Trust were worth $20,842,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. GSA Capital Partners LLP purchased a new stake in shares of New York Mortgage Trust in the 3rd quarter worth approximately $469,000. Vanguard Group Inc. grew its stake in shares of New York Mortgage Trust by 3.7% in the 2nd quarter. Vanguard Group Inc. now owns 4,684,792 shares of the real estate investment trust’s stock worth $29,139,000 after buying an additional 169,079 shares during the last quarter. California Public Employees Retirement System grew its stake in shares of New York Mortgage Trust by 6.9% in the 3rd quarter. California Public Employees Retirement System now owns 549,254 shares of the real estate investment trust’s stock worth $3,378,000 after buying an additional 35,554 shares during the last quarter. State Street Corp grew its stake in shares of New York Mortgage Trust by 5.8% in the 2nd quarter. State Street Corp now owns 2,325,571 shares of the real estate investment trust’s stock worth $14,468,000 after buying an additional 126,981 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of New York Mortgage Trust by 4.7% in the 2nd quarter. Northern Trust Corp now owns 2,114,941 shares of the real estate investment trust’s stock worth $13,155,000 after buying an additional 95,079 shares during the last quarter. Hedge funds and other institutional investors own 37.92% of the company’s stock.

Several analysts recently weighed in on NYMT shares. BidaskClub downgraded New York Mortgage Trust from a “sell” rating to a “strong sell” rating in a research note on Thursday, December 21st. Zacks Investment Research upgraded New York Mortgage Trust from a “hold” rating to a “buy” rating and set a $7.00 price target on the stock in a research note on Wednesday, November 8th. Keefe, Bruyette & Woods set a $6.00 price target on New York Mortgage Trust and gave the stock a “hold” rating in a research note on Sunday, November 12th. Maxim Group restated a “buy” rating and issued a $6.50 price target on shares of New York Mortgage Trust in a research note on Monday, November 6th. Finally, TheStreet upgraded New York Mortgage Trust from a “d+” rating to a “c” rating in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $6.35.

New York Mortgage Trust Inc (NASDAQ:NYMT) opened at $5.46 on Friday. The stock has a market capitalization of $617.43, a P/E ratio of 10.22 and a beta of 1.18. New York Mortgage Trust Inc has a 12-month low of $5.35 and a 12-month high of $6.74. The company has a debt-to-equity ratio of 13.26, a current ratio of 71.04 and a quick ratio of 71.04.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 25th. Investors of record on Monday, December 18th were given a $0.20 dividend. The ex-dividend date was Friday, December 15th. This represents a $0.80 annualized dividend and a yield of 14.65%. New York Mortgage Trust’s dividend payout ratio (DPR) is presently 148.15%.

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About New York Mortgage Trust

New York Mortgage Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of acquiring, investing in, financing and managing primarily mortgage-related assets and financial assets. The Company’s investment portfolio includes residential mortgage loans, including second mortgages and loans sourced from distressed markets, non-agency residential mortgage-backed securities (RMBS), multi-family commercial mortgage-backed securities, preferred equity and joint venture equity investments in, and mezzanine loans to, owners of multi-family properties, equity and debt securities issued by entities that invest in residential and commercial real estate and agency RMBS.

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Institutional Ownership by Quarter for New York Mortgage Trust (NASDAQ:NYMT)

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