Anworth Mortgage Asset (ANH) Sets New 12-Month Low at $4.70

Anworth Mortgage Asset Co. (NYSE:ANH)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as $4.70 and last traded at $4.70, with a volume of 785816 shares changing hands. The stock had previously closed at $4.80.

Separately, ValuEngine lowered shares of Anworth Mortgage Asset from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 26th.

The firm has a market cap of $470.93, a PE ratio of 10.91 and a beta of 0.01. The company has a debt-to-equity ratio of 1.17, a quick ratio of 46.47 and a current ratio of 46.47.

Anworth Mortgage Asset (NYSE:ANH) last announced its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.12 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.12. The firm had revenue of $16.04 million during the quarter, compared to analyst estimates of $16.31 million. Anworth Mortgage Asset had a net margin of 37.57% and a return on equity of 8.84%. During the same period last year, the firm posted $0.13 EPS.

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 29th. Investors of record on Friday, December 29th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 12.79%. The ex-dividend date was Thursday, December 28th. Anworth Mortgage Asset’s payout ratio is currently 136.36%.

Several institutional investors have recently made changes to their positions in the stock. Barings LLC purchased a new position in Anworth Mortgage Asset during the 3rd quarter worth approximately $109,000. Raymond James Financial Services Advisors Inc. raised its position in Anworth Mortgage Asset by 15.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 22,300 shares of the real estate investment trust’s stock worth $134,000 after buying an additional 3,000 shares during the last quarter. SG Americas Securities LLC purchased a new position in Anworth Mortgage Asset during the 3rd quarter worth approximately $137,000. Legal & General Group Plc raised its position in Anworth Mortgage Asset by 3.5% during the 2nd quarter. Legal & General Group Plc now owns 28,177 shares of the real estate investment trust’s stock worth $169,000 after buying an additional 950 shares during the last quarter. Finally, Fox Run Management L.L.C. purchased a new position in Anworth Mortgage Asset during the 3rd quarter worth approximately $173,000. 55.98% of the stock is owned by hedge funds and other institutional investors.

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Anworth Mortgage Asset Company Profile

Anworth Mortgage Asset Corporation is a real estate investment trust (REIT). The Company’s investment objective is to provide risk-adjusted total returns to its stockholders over the long-term primarily through dividends and secondarily through capital appreciation. Its strategy is to invest in residential mortgage-backed securities (MBS) (both Agency MBS and Non-Agency MBS), residential mortgage loans and residential rental properties.

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