Kennedy Capital Management Inc. increased its position in Anworth Mortgage Asset Co. (NYSE:ANH) by 54.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 181,270 shares of the real estate investment trust’s stock after purchasing an additional 63,638 shares during the quarter. Kennedy Capital Management Inc. owned approximately 0.18% of Anworth Mortgage Asset worth $986,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Stockman Wealth Management Inc. bought a new position in Anworth Mortgage Asset in the fourth quarter worth $316,000. First Trust Advisors LP acquired a new position in Anworth Mortgage Asset during the third quarter worth $463,000. Bessemer Group Inc. raised its stake in Anworth Mortgage Asset by 1,685.0% during the third quarter. Bessemer Group Inc. now owns 142,800 shares of the real estate investment trust’s stock worth $858,000 after acquiring an additional 134,800 shares in the last quarter. SG Americas Securities LLC raised its stake in Anworth Mortgage Asset by 75.4% during the fourth quarter. SG Americas Securities LLC now owns 39,997 shares of the real estate investment trust’s stock worth $218,000 after acquiring an additional 17,198 shares in the last quarter. Finally, OxFORD Asset Management LLP acquired a new position in Anworth Mortgage Asset during the third quarter worth $432,000. 58.38% of the stock is owned by hedge funds and other institutional investors.
Anworth Mortgage Asset stock traded down $0.02 during mid-day trading on Friday, hitting $4.84. 906,927 shares of the company were exchanged, compared to its average volume of 822,840. The company has a debt-to-equity ratio of 1.14, a current ratio of 40.70 and a quick ratio of 40.70. Anworth Mortgage Asset Co. has a 1-year low of $4.55 and a 1-year high of $6.35. The firm has a market capitalization of $477.26 and a P/E ratio of 9.00.
Anworth Mortgage Asset (NYSE:ANH) last released its quarterly earnings data on Wednesday, February 14th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.01. Anworth Mortgage Asset had a return on equity of 9.50% and a net margin of 36.20%. The firm had revenue of $19.64 million during the quarter, compared to analyst estimates of $17.19 million. During the same period in the prior year, the company posted $0.13 earnings per share.
The firm also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Friday, March 30th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.40%.
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Anworth Mortgage Asset Profile
Anworth Mortgage Asset Corporation operates as a real estate investment trust (REIT) in the United States. It primarily invests in, finances, and manages a leveraged portfolio of residential mortgage-backed securities and loans that are guaranteed by government-sponsored enterprises, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation.
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