Nordea Investment Management AB Acquires 2,900 Shares of Anworth Mortgage Asset Corp Reit (ANH)

Nordea Investment Management AB boosted its holdings in shares of Anworth Mortgage Asset Corp Reit (NYSE:ANH) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 315,100 shares of the real estate investment trust’s stock after purchasing an additional 2,900 shares during the quarter. Nordea Investment Management AB owned about 0.32% of Anworth Mortgage Asset Corp Reit worth $1,274,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ANH. Russell Investments Group Ltd. purchased a new stake in Anworth Mortgage Asset Corp Reit during the third quarter valued at $375,000. SG Americas Securities LLC raised its stake in shares of Anworth Mortgage Asset Corp Reit by 96.3% in the third quarter. SG Americas Securities LLC now owns 51,011 shares of the real estate investment trust’s stock valued at $236,000 after acquiring an additional 25,027 shares during the period. Martingale Asset Management L P raised its stake in shares of Anworth Mortgage Asset Corp Reit by 3.7% in the third quarter. Martingale Asset Management L P now owns 410,944 shares of the real estate investment trust’s stock valued at $1,903,000 after acquiring an additional 14,601 shares during the period. BlackRock Inc. raised its stake in shares of Anworth Mortgage Asset Corp Reit by 4.4% in the third quarter. BlackRock Inc. now owns 10,044,217 shares of the real estate investment trust’s stock valued at $46,505,000 after acquiring an additional 427,333 shares during the period. Finally, Teachers Advisors LLC raised its stake in shares of Anworth Mortgage Asset Corp Reit by 18.9% in the third quarter. Teachers Advisors LLC now owns 224,459 shares of the real estate investment trust’s stock valued at $1,039,000 after acquiring an additional 35,743 shares during the period. 52.57% of the stock is currently owned by institutional investors.

Shares of ANH opened at $4.10 on Thursday. Anworth Mortgage Asset Corp Reit has a twelve month low of $3.98 and a twelve month high of $5.23. The firm has a market capitalization of $401.16 million, a PE ratio of 8.31 and a beta of 0.36. The company has a current ratio of 24.76, a quick ratio of 24.76 and a debt-to-equity ratio of 1.24.

Anworth Mortgage Asset Corp Reit (NYSE:ANH) last announced its earnings results on Thursday, February 14th. The real estate investment trust reported $0.11 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.11. Anworth Mortgage Asset Corp Reit had a net margin of 28.41% and a return on equity of 10.83%. The business had revenue of ($32.26) million for the quarter.

The business also recently declared a quarterly dividend, which will be paid on Monday, April 29th. Stockholders of record on Friday, March 29th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 12.68%. The ex-dividend date is Thursday, March 28th.

Several equities research analysts have recently weighed in on the stock. Credit Suisse Group reissued a “sell” rating on shares of Anworth Mortgage Asset Corp Reit in a research note on Thursday, February 14th. TheStreet downgraded shares of Anworth Mortgage Asset Corp Reit from a “c” rating to a “d” rating in a research note on Friday, February 15th.

In related news, Director Dominique Mielle purchased 30,000 shares of the business’s stock in a transaction dated Friday, March 29th. The shares were purchased at an average cost of $4.05 per share, for a total transaction of $121,500.00. Following the completion of the acquisition, the director now owns 30,000 shares in the company, valued at approximately $121,500. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.86% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This news story was originally published by WKRB News and is the property of of WKRB News. If you are reading this news story on another domain, it was stolen and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://www.wkrb13.com/2019/04/11/nordea-investment-management-ab-acquires-2900-shares-of-anworth-mortgage-asset-corp-reit-anh.html.

Anworth Mortgage Asset Corp Reit Profile

Anworth Mortgage Asset Corporation operates as a real estate investment trust (REIT) in the United States. It primarily invests in, finances, and manages a leveraged portfolio of residential mortgage-backed securities and loans that are guaranteed by government-sponsored enterprises, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation.

Featured Article: Insider Trading

Want to see what other hedge funds are holding ANH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anworth Mortgage Asset Corp Reit (NYSE:ANH).

Institutional Ownership by Quarter for Anworth Mortgage Asset Corp Reit (NYSE:ANH)

Receive News & Ratings for Anworth Mortgage Asset Corp Reit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anworth Mortgage Asset Corp Reit and related companies with MarketBeat.com's FREE daily email newsletter.