Angel Oak Mortgage REIT (NYSE:AOMR – Get Free Report)‘s stock had its “neutral” rating restated by analysts at B. Riley in a research note issued to investors on Tuesday, Benzinga reports. They currently have a $12.00 target price on the stock. B. Riley’s price objective would suggest a potential upside of 9.29% from the company’s previous close.
AOMR has been the subject of several other reports. Oppenheimer reissued a “market perform” rating on shares of Angel Oak Mortgage REIT in a research report on Wednesday, March 6th. Wells Fargo & Company boosted their price objective on shares of Angel Oak Mortgage REIT from $9.00 to $10.00 and gave the stock an “overweight” rating in a research note on Thursday, March 7th.
Check Out Our Latest Stock Analysis on AOMR
Angel Oak Mortgage REIT Stock Up 0.7 %
NYSE AOMR traded up $0.08 during trading hours on Tuesday, reaching $10.98. 2,850 shares of the company’s stock were exchanged, compared to its average volume of 40,378. The company has a debt-to-equity ratio of 4.57, a quick ratio of 5.65 and a current ratio of 5.65. The company has a market capitalization of $274.17 million, a price-to-earnings ratio of 8.13 and a beta of 1.40. The company’s 50-day moving average is $10.58 and its two-hundred day moving average is $9.90. Angel Oak Mortgage REIT has a one year low of $7.02 and a one year high of $11.60.
Institutional Trading of Angel Oak Mortgage REIT
Institutional investors have recently bought and sold shares of the company. Nisa Investment Advisors LLC raised its stake in Angel Oak Mortgage REIT by 19.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 9,075 shares of the company’s stock worth $77,000 after buying an additional 1,460 shares during the period. Gladius Capital Management LP acquired a new stake in Angel Oak Mortgage REIT in the 3rd quarter valued at $32,000. Mariner LLC bought a new stake in Angel Oak Mortgage REIT during the 4th quarter valued at $69,000. JPMorgan Chase & Co. raised its holdings in Angel Oak Mortgage REIT by 36.5% during the first quarter. JPMorgan Chase & Co. now owns 9,273 shares of the company’s stock worth $68,000 after buying an additional 2,482 shares during the last quarter. Finally, State of Wisconsin Investment Board bought a new position in shares of Angel Oak Mortgage REIT in the fourth quarter valued at $64,000. Institutional investors own 80.15% of the company’s stock.
Angel Oak Mortgage REIT Company 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.
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