Bank of New York Mellon Corp Has $2.05 Million Position in AG Mortgage Investment Trust Inc (MITT)

Bank of New York Mellon Corp increased its position in shares of AG Mortgage Investment Trust Inc (NYSE:MITT) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 128,894 shares of the real estate investment trust’s stock after acquiring an additional 1,040 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.45% of AG Mortgage Investment Trust worth $2,053,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MITT. BlackRock Inc. boosted its holdings in shares of AG Mortgage Investment Trust by 3.4% in the 4th quarter. BlackRock Inc. now owns 3,108,342 shares of the real estate investment trust’s stock valued at $49,515,000 after purchasing an additional 102,804 shares during the last quarter. Vanguard Group Inc boosted its holdings in shares of AG Mortgage Investment Trust by 4.4% in the 3rd quarter. Vanguard Group Inc now owns 2,467,419 shares of the real estate investment trust’s stock valued at $44,857,000 after purchasing an additional 104,217 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of AG Mortgage Investment Trust by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 2,467,419 shares of the real estate investment trust’s stock valued at $44,857,000 after purchasing an additional 104,217 shares during the last quarter. LSV Asset Management boosted its holdings in shares of AG Mortgage Investment Trust by 2.8% in the 4th quarter. LSV Asset Management now owns 960,827 shares of the real estate investment trust’s stock valued at $15,305,000 after purchasing an additional 25,800 shares during the last quarter. Finally, Prudential Financial Inc. boosted its holdings in shares of AG Mortgage Investment Trust by 3.6% in the 4th quarter. Prudential Financial Inc. now owns 500,792 shares of the real estate investment trust’s stock valued at $7,978,000 after purchasing an additional 17,241 shares during the last quarter. Hedge funds and other institutional investors own 57.48% of the company’s stock.

In other AG Mortgage Investment Trust news, CFO Brian C. Sigman bought 5,000 shares of the business’s stock in a transaction dated Monday, February 11th. The shares were acquired at an average price of $17.05 per share, with a total value of $85,250.00. Following the purchase, the chief financial officer now owns 44,166 shares in the company, valued at approximately $753,030.30. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, CEO David N. Roberts bought 50,000 shares of the business’s stock in a transaction dated Monday, February 11th. The stock was acquired at an average cost of $17.05 per share, for a total transaction of $852,500.00. Following the purchase, the chief executive officer now owns 248,882 shares in the company, valued at approximately $4,243,438.10. The disclosure for this purchase can be found here. In the last three months, insiders bought 65,000 shares of company stock worth $1,108,250. Insiders own 1.37% of the company’s stock.

Shares of MITT opened at $16.91 on Monday. The firm has a market capitalization of $544.50 million, a price-to-earnings ratio of 7.69 and a beta of 0.91. AG Mortgage Investment Trust Inc has a fifty-two week low of $15.52 and a fifty-two week high of $19.69. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.02.

AG Mortgage Investment Trust (NYSE:MITT) last announced its quarterly earnings results on Tuesday, February 26th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.52 by ($0.05). AG Mortgage Investment Trust had a net margin of 1.00% and a return on equity of 12.97%.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Friday, March 29th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 11.83%. The ex-dividend date is Thursday, March 28th.

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About AG Mortgage Investment Trust

AG Mortgage Investment Trust, Inc, a real estate investment trust, focuses on investing in, acquiring, and managing a portfolio of residential mortgage-backed securities, other real estate-related securities, and financial assets in the United States. It operates through two segments, Securities and Loans, and Single-Family Rental Properties.

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

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