Jane Street Group LLC bought a new stake in AG Mortgage Investment Trust, Inc. (NYSE:MITT – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,505 shares of the real estate investment trust’s stock, valued at approximately $94,000.
Several other institutional investors have also added to or reduced their stakes in MITT. Renaissance Technologies LLC boosted its holdings in shares of AG Mortgage Investment Trust by 34.6% during the 2nd quarter. Renaissance Technologies LLC now owns 559,462 shares of the real estate investment trust’s stock worth $3,715,000 after buying an additional 143,799 shares in the last quarter. State Street Corp grew its holdings in AG Mortgage Investment Trust by 2.2% in the third quarter. State Street Corp now owns 344,830 shares of the real estate investment trust’s stock worth $2,655,000 after purchasing an additional 7,587 shares during the period. Wolverine Asset Management LLC raised its holdings in shares of AG Mortgage Investment Trust by 189.6% during the third quarter. Wolverine Asset Management LLC now owns 185,997 shares of the real estate investment trust’s stock valued at $1,397,000 after purchasing an additional 121,771 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of AG Mortgage Investment Trust by 2.1% during the third quarter. Janney Montgomery Scott LLC now owns 169,322 shares of the real estate investment trust’s stock valued at $1,272,000 after acquiring an additional 3,546 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in AG Mortgage Investment Trust by 105.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 163,754 shares of the real estate investment trust’s stock valued at $1,087,000 after purchasing an additional 84,037 shares in the last quarter. 27.32% of the stock is currently owned by institutional investors.
AG Mortgage Investment Trust Stock Performance
Shares of NYSE:MITT opened at $6.30 on Wednesday. AG Mortgage Investment Trust, Inc. has a 52-week low of $5.44 and a 52-week high of $7.95. The firm has a market capitalization of $185.91 million, a P/E ratio of 2.76 and a beta of 1.99. The stock has a 50 day moving average price of $6.84 and a 200-day moving average price of $7.12.
AG Mortgage Investment Trust Dividend Announcement
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded shares of AG Mortgage Investment Trust from a “buy” rating to a “hold” rating in a report on Saturday, November 2nd. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $8.25.
Get Our Latest Stock Report on MITT
AG Mortgage Investment Trust Profile
AG Mortgage Investment Trust, Inc operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio includes residential investments, including non-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential mortgage-backed securities, as well as commercial loans and commercial mortgage-backed securities.
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