Sentiment for American Capital Mortgage Investment Corp (NASDAQ:MTGE)
American Capital Mortgage Investment Corp (NASDAQ:MTGE) institutional sentiment increased to 0.88 in Q3 2015. Its up 0.05, from 0.83 in 2015Q2. The ratio is positive, as 45 funds increased or opened new stock positions, while 54 sold and decreased their holdings in American Capital Mortgage Investment Corp. The funds in our partner’s database reported: 42.41 million shares, up from 30.17 million shares in 2015Q2. Also, the number of funds holding American Capital Mortgage Investment Corp in their top 10 stock positions increased from 3 to 4 for an increase of 1. Sold All: 15 Reduced: 39 Increased: 36 New Position: 9.
American Capital Mortgage Investment Corp. is a mortgage real estate investment trust that invests in, finances and manages a leveraged portfolio of mortgage-related investments, including agency residential mortgage-backed securities (RMBS), non-agency mortgage investments and other mortgage-related investments. The company has a market cap of $691.53 million. The Firm invests in residential mortgage pass-through certificates, collateralized mortgage obligations, mortgage servicing rights (MSR), mortgage REIT equity securities, commercial mortgage-backed securities, commercial mortgage loans and mortgage-related derivatives. It currently has negative earnings. The Company’s subsidiary, Residential Credit Solutions, Inc., holds and manages MSR and residential mortgage loans.
About 126,014 shares traded hands. American Capital Mortgage Investment Crp (NASDAQ:MTGE) has declined 6.56% since August 27, 2015 and is downtrending. It has underperformed by 10.50% the S&P500.
Analysts await American Capital Mortgage Investment Crp (NASDAQ:MTGE) to reports earnings on May, 4. They expect $0.48 EPS, down 2.04% or $0.01 from last year’s $0.49 per share. MTGE’s profit will be $22.70 million for 7.61 P/E if the $0.48 EPS becomes reality. After $0.52 actual EPS reported by American Capital Mortgage Investment Crp for the previous quarter, Wall Street now forecasts -7.69% negative EPS growth.
According to Zacks Investment Research, “American Capital Mortgage Investment Corp. is a REIT that intends to invest in and manage a leveraged portfolio of agency mortgage investments, non-agency mortgage investments and other mortgage-related investments. The Company is externally managed and advised by American Capital MTGE Management, LLC, an affiliate of American Capital.”
Talkot Capital Llc holds 4.81% of its portfolio in American Capital Mortgage Investment Crp for 408,594 shares. Mangrove Partners owns 1.19 million shares or 4.01% of their US portfolio. Moreover, Feinberg Stephen has 2.64% invested in the company for 2.16 million shares. The New York-based Clear Harbor Asset Management Llc has invested 2.45% in the stock. Trust & Fiduciary Management Services Inc, a Massachusetts-based fund reported 189,493 shares.#img1#
Ratings analysis reveals 22% of American Capital Mortgage’s analysts are positive. Out of 7 Wall Street analysts rating American Capital Mortgage, 2 give it “Buy”, 1 “Sell” rating, while 6 recommend “Hold”. The lowest target is $12.5 while the high is $20. The stock’s average target of $15.79 is 22.44% above today’s ($14.62) share price. MTGE was included in 12 notes of analysts from July 31, 2015. Wells Fargo downgraded the shares of American Capital Mortgage in a note on January 18 to “Market Perform” rating. Stifel Nicolaus maintained MTGE’s stock on an August 3. Stifel Nicolaus has “Outperform” rating and $19 PR. Wunderlich maintained American Capital Mortgage’s stock on October 29 with “Hold” rating. Deutsche Bank maintained it ^with/to4^ “Hold” rating and $18.50 PT in July 31 note. Finally, Zacks upgraded the shares of American Capital Mortgage to “Buy” rating in a September 7 note.
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