AG Mortgage Investment Trust, Inc. (MITT) Shares Bought by Susquehanna International Group LLP

Susquehanna International Group LLP raised its holdings in AG Mortgage Investment Trust, Inc. (NYSE:MITT) by 56.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 73,934 shares of the real estate investment trust’s stock after buying an additional 26,582 shares during the quarter. Susquehanna International Group LLP owned 0.27% of AG Mortgage Investment Trust worth $1,353,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. American International Group Inc. grew its holdings in AG Mortgage Investment Trust by 7.0% in the 1st quarter. American International Group Inc. now owns 17,294 shares of the real estate investment trust’s stock valued at $312,000 after buying an additional 1,138 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of AG Mortgage Investment Trust by 3.0% during the 1st quarter. Vanguard Group Inc. now owns 2,292,023 shares of the real estate investment trust’s stock worth $41,370,000 after purchasing an additional 67,474 shares in the last quarter. Comerica Bank acquired a new stake in shares of AG Mortgage Investment Trust during the 1st quarter worth approximately $232,000. Citadel Advisors LLC grew its holdings in shares of AG Mortgage Investment Trust by 290.3% during the 1st quarter. Citadel Advisors LLC now owns 154,427 shares of the real estate investment trust’s stock worth $2,787,000 after purchasing an additional 114,860 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of AG Mortgage Investment Trust by 9.3% during the 1st quarter. Wells Fargo & Company MN now owns 38,319 shares of the real estate investment trust’s stock worth $692,000 after purchasing an additional 3,263 shares in the last quarter. 64.72% of the stock is currently owned by hedge funds and other institutional investors.

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Several analysts have recently weighed in on MITT shares. Zacks Investment Research raised AG Mortgage Investment Trust from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Credit Suisse Group reissued a “hold” rating and set a $18.00 price objective on shares of AG Mortgage Investment Trust in a report on Thursday, August 10th. ValuEngine raised AG Mortgage Investment Trust from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Finally, BidaskClub lowered AG Mortgage Investment Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 31st. Four equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $18.17.

AG Mortgage Investment Trust (NYSE:MITT) last announced its earnings results on Tuesday, August 8th. The real estate investment trust reported $0.47 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.03. The company had revenue of $31.22 million for the quarter, compared to analyst estimates of $21.76 million. AG Mortgage Investment Trust had a return on equity of 11.97% and a net margin of 85.21%. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.43 earnings per share.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Friday, September 29th will be paid a dividend of $0.475 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 9.81%. AG Mortgage Investment Trust’s dividend payout ratio (DPR) is currently 58.82%.

About AG Mortgage Investment Trust

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

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