Jump Financial LLC Lowers Stock Position in Angel Oak Mortgage REIT, Inc. (NYSE:AOMR)

Jump Financial LLC lessened its holdings in Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) by 32.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,842 shares of the company’s stock after selling 5,275 shares during the period. Jump Financial LLC’s holdings in Angel Oak Mortgage REIT were worth $101,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. National Bank of Canada FI raised its stake in shares of Angel Oak Mortgage REIT by 140.0% during the 4th quarter. National Bank of Canada FI now owns 6,000 shares of the company’s stock worth $56,000 after acquiring an additional 3,500 shares in the last quarter. Barclays PLC lifted its position in Angel Oak Mortgage REIT by 294.4% during the 3rd quarter. Barclays PLC now owns 15,813 shares of the company’s stock worth $165,000 after acquiring an additional 11,804 shares during the period. JPMorgan Chase & Co. lifted its position in Angel Oak Mortgage REIT by 6.4% during the 4th quarter. JPMorgan Chase & Co. now owns 28,931 shares of the company’s stock worth $268,000 after acquiring an additional 1,730 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Angel Oak Mortgage REIT by 9.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 40,398 shares of the company’s stock valued at $375,000 after buying an additional 3,577 shares during the period. Finally, Jane Street Group LLC lifted its holdings in shares of Angel Oak Mortgage REIT by 256.2% in the 3rd quarter. Jane Street Group LLC now owns 46,293 shares of the company’s stock valued at $483,000 after buying an additional 33,297 shares during the period. Hedge funds and other institutional investors own 80.15% of the company’s stock.

Angel Oak Mortgage REIT Stock Performance

NYSE AOMR opened at $9.38 on Tuesday. Angel Oak Mortgage REIT, Inc. has a 1-year low of $7.36 and a 1-year high of $13.32. The company has a market cap of $220.43 million, a P/E ratio of 3.19 and a beta of 1.44. The company has a debt-to-equity ratio of 5.29, a current ratio of 5.76 and a quick ratio of 5.76. The stock has a 50-day moving average of $9.07 and a two-hundred day moving average of $9.49.

Angel Oak Mortgage REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 13.65%. Angel Oak Mortgage REIT’s payout ratio is 112.28%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on AOMR shares. Wells Fargo & Company decreased their price objective on Angel Oak Mortgage REIT from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Wednesday, March 5th. B. Riley upgraded Angel Oak Mortgage REIT from a “neutral” rating to a “buy” rating and set a $12.00 price objective for the company in a research note on Monday, April 21st. Jones Trading cut their price objective on Angel Oak Mortgage REIT from $12.50 to $10.50 and set a “buy” rating for the company in a research note on Thursday, April 17th. Finally, Janney Montgomery Scott assumed coverage on Angel Oak Mortgage REIT in a research report on Thursday, January 2nd. They issued a “buy” rating and a $13.00 price target for the company. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $11.75.

Angel Oak Mortgage REIT Profile

Angel Oak Mortgage REIT, Inc, a real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage market. It offers investment securities; residential mortgage loans; and commercial mortgage loans.