Rothschild & Co. Asset Management US Inc. Has $6.49 Million Stake in AG Mortgage Investment Trust Inc (NYSE:MITT)

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Rothschild & Co. Asset Management US Inc. lessened its holdings in shares of AG Mortgage Investment Trust Inc (NYSE:MITT) by 2.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 357,207 shares of the real estate investment trust’s stock after selling 7,176 shares during the period. Rothschild & Co. Asset Management US Inc. owned about 1.27% of AG Mortgage Investment Trust worth $6,494,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Principal Financial Group Inc. lifted its holdings in shares of AG Mortgage Investment Trust by 10.2% in the 1st quarter. Principal Financial Group Inc. now owns 40,384 shares of the real estate investment trust’s stock valued at $701,000 after acquiring an additional 3,752 shares during the last quarter. Acadian Asset Management LLC purchased a new position in shares of AG Mortgage Investment Trust during the second quarter worth approximately $195,000. Bessemer Group Inc. purchased a new position in shares of AG Mortgage Investment Trust during the second quarter worth approximately $410,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in AG Mortgage Investment Trust by 13.3% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 152,253 shares of the real estate investment trust’s stock valued at $2,861,000 after buying an additional 17,875 shares during the period. Finally, First Trust Advisors LP increased its holdings in AG Mortgage Investment Trust by 18.0% during the second quarter. First Trust Advisors LP now owns 31,958 shares of the real estate investment trust’s stock valued at $600,000 after buying an additional 4,878 shares during the period. Institutional investors own 64.18% of the company’s stock.

Separately, ValuEngine downgraded shares of AG Mortgage Investment Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, October 3rd.

MITT traded down $0.12 on Friday, reaching $17.98. 5,318 shares of the company’s stock were exchanged, compared to its average volume of 118,377. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $515.08 million, a PE ratio of 8.04 and a beta of 0.80. AG Mortgage Investment Trust Inc has a twelve month low of $16.31 and a twelve month high of $19.95.

AG Mortgage Investment Trust (NYSE:MITT) last announced its earnings results on Wednesday, November 7th. The real estate investment trust reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.08. The firm had revenue of $21.01 million for the quarter. AG Mortgage Investment Trust had a net margin of 42.38% and a return on equity of 13.36%.

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AG Mortgage Investment Trust Profile

AG Mortgage Investment Trust, Inc, a real estate investment trust, focuses on investing in, acquiring, and managing a portfolio of residential mortgage assets, other real estate-related securities, and financial assets. The company invests in residential mortgage-backed securities (RMBS) issued or guaranteed by a U.S.

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

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