D. E. Shaw & Co. Inc. Has $553,000 Stock Position in Angel Oak Mortgage REIT, Inc. (NYSE:AOMR)

D. E. Shaw & Co. Inc. boosted its position in shares of Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) by 35.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 59,630 shares of the company’s stock after purchasing an additional 15,661 shares during the period. D. E. Shaw & Co. Inc. owned about 0.25% of Angel Oak Mortgage REIT worth $553,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AOMR. CF Capital LLC acquired a new stake in shares of Angel Oak Mortgage REIT in the 4th quarter valued at $1,095,000. Alpine Global Management LLC acquired a new stake in Angel Oak Mortgage REIT in the fourth quarter worth about $956,000. Bank of New York Mellon Corp raised its holdings in Angel Oak Mortgage REIT by 100.2% during the 4th quarter. Bank of New York Mellon Corp now owns 181,539 shares of the company’s stock worth $1,685,000 after purchasing an additional 90,844 shares during the last quarter. Wells Fargo & Company MN raised its holdings in Angel Oak Mortgage REIT by 62.3% during the 4th quarter. Wells Fargo & Company MN now owns 184,965 shares of the company’s stock worth $1,716,000 after purchasing an additional 70,990 shares during the last quarter. Finally, Marshall Wace LLP lifted its position in Angel Oak Mortgage REIT by 55.3% during the 4th quarter. Marshall Wace LLP now owns 168,952 shares of the company’s stock valued at $1,568,000 after purchasing an additional 60,135 shares during the period. 80.15% of the stock is currently owned by institutional investors and hedge funds.

Angel Oak Mortgage REIT Trading Up 1.2%

Shares of Angel Oak Mortgage REIT stock opened at $9.22 on Monday. The company has a quick ratio of 5.76, a current ratio of 5.76 and a debt-to-equity ratio of 5.29. Angel Oak Mortgage REIT, Inc. has a 12-month low of $7.36 and a 12-month high of $13.32. The company has a market capitalization of $216.65 million, a price-to-earnings ratio of 3.14 and a beta of 1.44. The firm’s 50-day moving average price is $9.09 and its two-hundred day moving average price is $9.54.

Angel Oak Mortgage REIT Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 22nd will be paid a $0.32 dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 13.88%. Angel Oak Mortgage REIT’s payout ratio is currently 85.33%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on AOMR shares. Wells Fargo & Company dropped 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. UBS Group set a $10.00 price target on Angel Oak Mortgage REIT and gave the company a “neutral” rating in a research note on Wednesday, May 14th. B. Riley reissued a “buy” rating and set a $13.00 price objective (up previously from $12.00) on shares of Angel Oak Mortgage REIT in a research note on Friday, May 16th. Finally, Jones Trading restated a “buy” rating and set a $10.50 price objective on shares of Angel Oak Mortgage REIT in a report on Tuesday, May 6th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $11.83.

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.