Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) Shares Sold by Two Sigma Investments LP

Two Sigma Investments LP cut its stake in Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) by 40.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 65,094 shares of the company’s stock after selling 44,013 shares during the quarter. Two Sigma Investments LP owned approximately 0.28% of Angel Oak Mortgage REIT worth $604,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of AOMR. Wolverine Asset Management LLC lifted its holdings in Angel Oak Mortgage REIT by 8.3% in the fourth quarter. Wolverine Asset Management LLC now owns 63,914 shares of the company’s stock valued at $593,000 after acquiring an additional 4,895 shares during the period. Bank of New York Mellon Corp raised its stake in shares of 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 buying an additional 90,844 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Angel Oak Mortgage REIT by 9.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 40,398 shares of the company’s stock worth $375,000 after buying an additional 3,577 shares during the period. JPMorgan Chase & Co. raised its stake in shares of 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 buying an additional 1,730 shares during the period. Finally, 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 buying an additional 3,500 shares during the period. 80.15% of the stock is owned by institutional investors and hedge funds.

Angel Oak Mortgage REIT Stock Up 1.0%

NYSE AOMR opened at $9.16 on Monday. The business has a fifty day moving average price of $8.98 and a 200 day moving average price of $9.49. Angel Oak Mortgage REIT, Inc. has a one year low of $7.36 and a one year high of $13.32. The company has a debt-to-equity ratio of 5.29, a quick ratio of 5.76 and a current ratio of 5.76. The company has a market cap of $215.26 million, a P/E ratio of 3.12 and a beta of 1.39.

Angel Oak Mortgage REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 22nd were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 13.97%. The ex-dividend date was Thursday, May 22nd. Angel Oak Mortgage REIT’s dividend payout ratio is currently 85.33%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on AOMR shares. Wells Fargo & Company reduced their target price on Angel Oak Mortgage REIT from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Wednesday, March 5th. B. Riley reaffirmed a “buy” rating and set a $13.00 target price (up from $12.00) on shares of Angel Oak Mortgage REIT in a research note on Friday, May 16th. Jones Trading reaffirmed a “buy” rating and set a $10.50 target price on shares of Angel Oak Mortgage REIT in a research note on Tuesday, May 6th. Finally, UBS Group set a $10.00 target price on Angel Oak Mortgage REIT and gave the stock a “neutral” rating in a research note on Wednesday, May 14th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.