SG Americas Securities LLC Has $203,000 Stake in New York Mortgage Trust, Inc. (NASDAQ:NYMT)

SG Americas Securities LLC boosted its stake in New York Mortgage Trust, Inc. (NASDAQ:NYMT) by 9.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 23,802 shares of the real estate investment trust’s stock after buying an additional 1,979 shares during the period. SG Americas Securities LLC’s holdings in New York Mortgage Trust were worth $203,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of NYMT. Invesco Ltd. boosted its position in New York Mortgage Trust by 26.5% during the first quarter. Invesco Ltd. now owns 6,009,670 shares of the real estate investment trust’s stock valued at $21,935,000 after acquiring an additional 1,259,010 shares during the last quarter. State Street Corp boosted its position in New York Mortgage Trust by 8.6% during the first quarter. State Street Corp now owns 14,478,874 shares of the real estate investment trust’s stock valued at $54,204,000 after acquiring an additional 1,144,802 shares during the last quarter. Vanguard Group Inc. boosted its position in New York Mortgage Trust by 2.9% during the first quarter. Vanguard Group Inc. now owns 25,413,787 shares of the real estate investment trust’s stock valued at $92,760,000 after acquiring an additional 714,954 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in New York Mortgage Trust by 40.1% during the second quarter. Goldman Sachs Group Inc. now owns 1,650,421 shares of the real estate investment trust’s stock valued at $4,555,000 after acquiring an additional 472,391 shares during the last quarter. Finally, First Trust Advisors LP boosted its position in New York Mortgage Trust by 9.3% during the first quarter. First Trust Advisors LP now owns 2,869,603 shares of the real estate investment trust’s stock valued at $10,474,000 after acquiring an additional 243,875 shares during the last quarter. Institutional investors own 54.89% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. StockNews.com raised shares of New York Mortgage Trust from a “sell” rating to a “hold” rating in a research report on Thursday, February 22nd. B. Riley reissued a “buy” rating and set a $11.00 price objective (down previously from $15.00) on shares of New York Mortgage Trust in a research report on Monday, March 25th.

New York Mortgage Trust Price Performance

NYMT stock opened at $6.98 on Friday. The stock has a market capitalization of $636.86 million, a PE ratio of -7.05 and a beta of 1.92. The company’s 50-day moving average is $7.23 and its 200-day moving average is $7.99. The company has a debt-to-equity ratio of 4.21, a current ratio of 4.29 and a quick ratio of 4.29. New York Mortgage Trust, Inc. has a 1 year low of $6.82 and a 1 year high of $10.63.

New York Mortgage Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 25th. Stockholders of record on Monday, March 25th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, March 22nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 11.46%. New York Mortgage Trust’s dividend payout ratio (DPR) is presently -80.81%.

New York Mortgage Trust Profile

New York Mortgage Trust, Inc acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets.