Atria Wealth Solutions Inc. Sells 9,500 Shares of Cherry Hill Mortgage Investment Corporation $CHMI

Atria Wealth Solutions Inc. decreased its holdings in shares of Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) by 28.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,300 shares of the real estate investment trust’s stock after selling 9,500 shares during the quarter. Atria Wealth Solutions Inc. owned about 0.07% of Cherry Hill Mortgage Investment worth $80,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Jane Street Group LLC bought a new stake in Cherry Hill Mortgage Investment during the 4th quarter valued at $68,000. 18.49% of the stock is owned by institutional investors and hedge funds.

Cherry Hill Mortgage Investment Price Performance

Shares of CHMI stock opened at $2.99 on Monday. The company’s fifty day simple moving average is $2.82 and its two-hundred day simple moving average is $3.05. Cherry Hill Mortgage Investment Corporation has a 1 year low of $2.34 and a 1 year high of $3.81. The stock has a market capitalization of $107.77 million, a price-to-earnings ratio of -5.75 and a beta of 0.97.

Cherry Hill Mortgage Investment (NYSE:CHMI) last issued its earnings results on Thursday, August 7th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). Cherry Hill Mortgage Investment had a negative net margin of 14.28% and a positive return on equity of 15.55%. The business had revenue of $6.04 million for the quarter, compared to the consensus estimate of $2.19 million. Equities research analysts anticipate that Cherry Hill Mortgage Investment Corporation will post 0.38 EPS for the current year.

Cherry Hill Mortgage Investment Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Monday, June 30th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.60 annualized dividend and a dividend yield of 20.1%. Cherry Hill Mortgage Investment’s dividend payout ratio is presently -115.38%.

About Cherry Hill Mortgage Investment

Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. It operates through Investments in RMBS (residential mortgage-backed securities) and Investments in Servicing Related Assets segments.