Jump Financial LLC Sells 5,275 Shares of Angel Oak Mortgage REIT, Inc. (NYSE:AOMR)

Jump Financial LLC cut its holdings in Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) by 32.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,842 shares of the company’s stock after selling 5,275 shares during the period. Jump Financial LLC’s holdings in Angel Oak Mortgage REIT were worth $101,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its holdings in shares of Angel Oak Mortgage REIT by 6.4% in the 4th quarter. JPMorgan Chase & Co. now owns 28,931 shares of the company’s stock worth $268,000 after buying an additional 1,730 shares during the last quarter. Barclays PLC increased its holdings in shares of Angel Oak Mortgage REIT by 19.8% in the 4th quarter. Barclays PLC now owns 18,945 shares of the company’s stock worth $176,000 after buying an additional 3,132 shares during the last quarter. National Bank of Canada FI increased its holdings in shares of Angel Oak Mortgage REIT by 140.0% in the 4th quarter. National Bank of Canada FI now owns 6,000 shares of the company’s stock worth $56,000 after buying an additional 3,500 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Angel Oak Mortgage REIT by 9.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 40,398 shares of the company’s stock worth $375,000 after buying an additional 3,577 shares during the last quarter. Finally, Wolverine Asset Management LLC boosted its stake in shares of Angel Oak Mortgage REIT by 8.3% during the 4th quarter. Wolverine Asset Management LLC now owns 63,914 shares of the company’s stock worth $593,000 after purchasing an additional 4,895 shares during the period. 80.15% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AOMR has been the subject of a number of recent analyst reports. Jones Trading dropped their price target on shares of Angel Oak Mortgage REIT from $12.50 to $10.50 and set a “buy” rating for the company in a research note on Thursday, April 17th. B. Riley raised shares of Angel Oak Mortgage REIT from a “neutral” rating to a “buy” rating and set a $12.00 price target for the company in a research note on Monday, April 21st. Wells Fargo & Company dropped their price target on shares of Angel Oak Mortgage REIT from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Wednesday, March 5th. Finally, Janney Montgomery Scott initiated coverage on shares of Angel Oak Mortgage REIT in a research note on Thursday, January 2nd. They set a “buy” rating and a $13.00 price target for the company. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Angel Oak Mortgage REIT has an average rating of “Moderate Buy” and a consensus price target of $11.75.

Angel Oak Mortgage REIT Price Performance

Angel Oak Mortgage REIT stock opened at $9.38 on Tuesday. The stock has a market cap of $220.43 million, a price-to-earnings ratio of 3.19 and a beta of 1.44. The company has a debt-to-equity ratio of 5.29, a current ratio of 5.76 and a quick ratio of 5.76. Angel Oak Mortgage REIT, Inc. has a 1 year low of $7.36 and a 1 year high of $13.32. The firm has a 50-day moving average of $9.07 and a two-hundred day moving average of $9.49.

Angel Oak Mortgage REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a $0.32 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.28 annualized dividend and a yield of 13.65%. Angel Oak Mortgage REIT’s dividend payout ratio (DPR) is 112.28%.

Angel Oak Mortgage REIT 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.