New York Mortgage Trust, Inc. (NASDAQ:NYMT) Shares Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC raised its holdings in shares of New York Mortgage Trust, Inc. (NASDAQ:NYMT) by 1.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 357,486 shares of the real estate investment trust’s stock after purchasing an additional 6,320 shares during the quarter. Susquehanna Fundamental Investments LLC owned 0.09% of New York Mortgage Trust worth $1,598,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of NYMT. BlackRock Inc. grew its stake in New York Mortgage Trust by 4.6% during the 1st quarter. BlackRock Inc. now owns 70,349,351 shares of the real estate investment trust’s stock valued at $314,462,000 after purchasing an additional 3,076,992 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in New York Mortgage Trust by 484.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,515,255 shares of the real estate investment trust’s stock valued at $11,243,000 after purchasing an additional 2,084,701 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in New York Mortgage Trust during the 1st quarter valued at approximately $6,250,000. Goldman Sachs Group Inc. grew its stake in New York Mortgage Trust by 195.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,103,455 shares of the real estate investment trust’s stock valued at $4,932,000 after purchasing an additional 729,849 shares in the last quarter. Finally, Van ECK Associates Corp grew its stake in New York Mortgage Trust by 17.5% during the 2nd quarter. Van ECK Associates Corp now owns 2,904,634 shares of the real estate investment trust’s stock valued at $12,984,000 after purchasing an additional 432,307 shares in the last quarter. Hedge funds and other institutional investors own 53.88% of the company’s stock.

A number of brokerages have weighed in on NYMT. BTIG Research restated a “hold” rating on shares of New York Mortgage Trust in a research note on Wednesday, June 2nd. Zacks Investment Research upgraded New York Mortgage Trust from a “sell” rating to a “hold” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, New York Mortgage Trust presently has a consensus rating of “Hold” and a consensus price target of $4.94.

Shares of NYMT opened at $4.29 on Friday. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 6.81 and a beta of 1.93. The stock has a 50 day moving average of $4.34 and a 200-day moving average of $4.46. New York Mortgage Trust, Inc. has a 52 week low of $2.43 and a 52 week high of $4.93.

New York Mortgage Trust (NASDAQ:NYMT) last announced its quarterly earnings results on Thursday, August 5th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11. New York Mortgage Trust had a return on equity of 10.13% and a net margin of 148.35%. As a group, sell-side analysts forecast that New York Mortgage Trust, Inc. will post 0.46 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 25th. Investors of record on Thursday, September 23rd will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 9.32%. The ex-dividend date of this dividend is Wednesday, September 22nd. New York Mortgage Trust’s dividend payout ratio (DPR) is -28.78%.

New York Mortgage Trust Profile

New York Mortgage Trust, Inc is a real estate investment trust, which engages in the acquisition, investment, finance and management of mortgage-related and residential housing-related assets. Its objective is to deliver long-term stable distributions to its stockholders over changing economic conditions through a combination of net interest margin and capital gains from a diversified investment portfolio.

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

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