Brokerages Set AG Mortgage Investment Trust Inc (MITT) PT at $18.25

Lloyd Doyle
March 5, 2018

Zacks Investment Research raised shares of New York Mortgage Trust from a hold rating to a buy rating and set a $7.00 price objective for the company in a research report on Wednesday, November 8th. The institutional investor held 278,445 shares of the consumer services company at the end of 2017Q3, valued at $8.64 million, up from 259,467 at the end of the previous reported quarter. Vanguard Group Inc. now owns 4,684,792 shares of the real estate investment trust's stock worth $29,139,000 after acquiring an additional 169,079 shares during the period.

The stock decreased 0.13% or $0.04 during the last trading session, reaching $31.01. About 1.09M shares traded or 14.82% up from the average. (NYSE:BXMT) has risen 12.11% since March 2, 2017 and is uptrending. It has underperformed by 4.59% the S&P500.

New South Capital Management Inc increased its stake in Msc Industrial Direct Co (MSM) by 22.75% based on its latest 2017Q3 regulatory filing with the SEC. Venbio Select Advisor Llc sold 175,000 shares as the company's stock declined 16.46% while stock markets rallied. The company has market cap of $56.98 million. The stock increased 2.45% or $0.41 during the last trading session, reaching $17.13. (NYSE:SBH) has declined 34.87% since March 4, 2017 and is downtrending. It has underperformed by 41.10% the S&P500.

Investors sentiment increased to 1.17 in Q3 2017. Its up 0.12, from 1.19 in 2017Q2.

Large investors have recently bought and sold shares of the business. 29 funds opened positions while 65 raised stakes. Tudor Investment Corp Et Al invested 0.01% of its portfolio in MSC Industrial Direct Co., Inc. Virtu Financial Limited Liability has invested 0% of its portfolio in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) for 83,882 shares. Millennium Mngmt Lc reported 233,351 shares stake. Bessemer Inc has invested 0% in Meredith Corporation (NYSE:MDP). It also reduced its holding in Huntington Bancshares Inc (NASDAQ:HBANP) by 248 shares in the quarter, leaving it with 4,168 shares, and cut its stake in Ishares Tr (EFAV). Ashmore Wealth Mgmt Ltd Liability Com invested in 1.23% or 300,253 shares. Federated Pa invested in 0% or 9,200 shares. 48,760 were accumulated by Segall Bryant & Hamill Lc. (NYSE:T). Moreover, California Employees Retirement Sys has 0.9% invested in AT&T Inc. (NYSE:BXMT) for 56,700 shares.

AG Mortgage Investment Trust (NYSE:MITT)'s stock had its "hold" rating restated by Keefe, Bruyette & Woods in a research note issued on Thursday. Therefore 64% are positive. Susquehanna maintained it with "Hold" rating and $94.0 target in Thursday, January 11 report. RBC Capital Markets maintained the stock with "Buy" rating in Monday, July 31 report. AG Mortgage Investment Trust had a net margin of 92.01% and a return on equity of 11.39%.


New York Mortgage Trust (NASDAQ:NYMT) last issued its quarterly earnings results on Tuesday, February 20th. The rating was downgraded by Keefe Bruyette & Woods to "Hold" on Thursday, December 7. The rating was maintained by Keefe Bruyette & Woods with "Buy" on Thursday, September 14. (NYSE:BXMT) earned "Outperform" rating by Credit Suisse on Monday, April 18. The firm earned "Market Perform" rating on Monday, January 9 by Wells Fargo.

Since December 15, 2017, it had 1 buy, and 2 selling transactions for $1.60 million activity. (NYSE:BXMT) or 44,000 shares. About 798,673 shares traded. Its up 0.02, from 0.68 in 2017Q2. It fall, as 60 investors sold CVS shares while 571 reduced holdings. 116 funds opened positions while 640 raised stakes. Lsv Asset invested in 0.04% or 755,283 shares. The Massachusetts-based Telemark Asset Mgmt Ltd has invested 2.38% in Apple Inc. Creative Planning accumulated 30,820 shares. Ipswich Invest Management owns 6,353 shares. Schroder Management Gp holds 541,928 shares. Us Comml Bank De invested in 0% or 21,102 shares. Aperio Limited has 16,112 shares. Wasatch Advsrs Incorporated owns 4,530 shares for 0% of their portfolio.

Weaver C Barksdale & Associates Inc, which manages about $4.06B and $89.62M US Long portfolio, decreased its stake in Frontier Communications C by 35,271 shares to 3,670 shares, valued at $43,000 in 2017Q3, according to the filing. (NYSE:BXMT) for 2,120 shares. 14,622 were reported by Oregon Public Employees Retirement Fund. (NYSE:T). Private Trust Co Na has 1.15% invested in AT&T Inc. Fred Alger Mngmt reported 46,117 shares or 0.01% of all its holdings.

Blackstone Group Lp, which manages about $16.29B US Long portfolio, decreased its stake in Cheniere Energy Ptnrs Lp Hld (NYSEMKT:CQH) by 136,407 shares to 548,012 shares, valued at $13.74 million in 2017Q3, according to the filing.

Among 26 analysts covering CVS Health (NYSE:CVS), 19 have Buy rating, 0 Sell and 7 Hold. Therefore 38% are positive. Entellus Medical had 9 analyst reports since August 9, 2015 according to SRatingsIntel. The firm has "Sector Weight" rating by Pacific Crest given on Monday, June 5. The stock has "Hold" rating by Jefferies on Monday, November 13. Pacific Crest maintained it with "Overweight" rating and $132 target in Friday, January 8 report. The firm has "Buy" rating by Goldman Sachs given on Wednesday, November 18. (NYSE:T), 10 have Buy rating, 1 Sell and 19 Hold. In the last three months, insiders have purchased 15,259 shares of company stock valued at $261,900 and have sold 32,368 shares valued at $560,050. The firm earned "Outperform" rating on Friday, August 28 by Oppenheimer.

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