Los Angeles Capital Administration LLC Takes Place in New York Mortgage Belief, Inc. (NASDAQ:NYMT) – Protection World

August 19, 2022 By admin

Posted by on Aug 18th, 2022
Los Angeles Capital Administration LLC acquired a brand new stake in shares of New York Mortgage Belief, Inc. (NASDAQ:NYMTGet Score) within the 1st quarter, in line with its most up-to-date Kind 13F submitting with the Securities and Change Fee. The fund acquired 19,448 shares of the actual property funding belief’s inventory, valued at roughly $71,000.
Different institutional buyers additionally lately made modifications to their positions within the firm. Gotham Asset Administration LLC bought a brand new stake in shares of New York Mortgage Belief throughout the 4th quarter valued at $77,000. WINTON GROUP Ltd boosted its place in New York Mortgage Belief by 97.9% throughout the 4th quarter. WINTON GROUP Ltd now owns 374,625 shares of the actual property funding belief’s inventory price $1,394,000 after buying an extra 185,318 shares throughout the interval. Veriti Administration LLC boosted its place in New York Mortgage Belief by 79.6% throughout the 1st quarter. Veriti Administration LLC now owns 20,393 shares of the actual property funding belief’s inventory price $74,000 after buying an extra 9,037 shares throughout the interval. Journey Strategic Wealth LLC bought a brand new stake in New York Mortgage Belief throughout the 4th quarter price $79,000. Lastly, GHP Funding Advisors Inc. bought a brand new stake in New York Mortgage Belief throughout the 4th quarter price $56,000. 54.25% of the inventory is owned by hedge funds and different institutional buyers.
A variety of analysts lately weighed in on NYMT shares. Barclays decreased their worth goal on shares of New York Mortgage Belief from $3.50 to $3.00 and set an “equal weight” ranking for the corporate in a analysis report on Monday, July 18th. Jonestrading decreased their worth goal on shares of New York Mortgage Belief from $4.25 to $4.00 and set a “purchase” ranking for the corporate in a analysis report on Thursday, August 4th. TheStreet minimize shares of New York Mortgage Belief from a “c-” ranking to a “d+” ranking in a analysis report on Wednesday, August third. Credit score Suisse Group minimize their worth goal on shares of New York Mortgage Belief to $3.50 in a report on Friday, July twenty second. Lastly, StockNews.com lowered shares of New York Mortgage Belief from a “maintain” ranking to a “promote” ranking in a report on Tuesday, Might tenth. Two equities analysis analysts have rated the inventory with a promote ranking, two have assigned a maintain ranking and two have issued a purchase ranking to the corporate. Based on MarketBeat, the corporate at present has a consensus ranking of “Maintain” and a consensus worth goal of $3.71.

Shares of New York Mortgage Belief inventory opened at $3.05 on Thursday. The agency has a market cap of $1.16 billion, a PE ratio of -10.89 and a beta of 1.70. The agency’s 50-day easy shifting common is $2.84 and its 200-day easy shifting common is $3.21. The corporate has a debt-to-equity ratio of two.30, a fast ratio of three.87 and a present ratio of three.87. New York Mortgage Belief, Inc. has a 1 12 months low of $2.24 and a 1 12 months excessive of $4.50.
The enterprise additionally lately introduced a quarterly dividend, which was paid on Monday, July twenty fifth. Stockholders of document on Monday, June twenty seventh have been paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, June twenty fourth. This represents a $0.40 dividend on an annualized foundation and a dividend yield of 13.11%. New York Mortgage Belief’s dividend payout ratio (DPR) is presently -142.85%.
(Get Score)
New York Mortgage Belief, Inc acquires, invests in, funds, and manages mortgage-related single-family and multi-family residential property in america. Its focused investments embody residential loans, second mortgages, and enterprise objective loans; structured multi-family property investments, comparable to most well-liked fairness in, and mezzanine loans to house owners of multi-family properties, in addition to three way partnership fairness investments in multi-family properties; non-agency residential mortgage-backed securities (RMBS); company RMBS; business mortgage-backed securities (CMBS); and different mortgage, residential housing, and credit-related property.

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Institutional Ownership by Quarter for New York Mortgage Trust (NASDAQ:NYMT)

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