Barclays PLC Has $955,000 Stock Holdings in New York Mortgage Trust, Inc. (NASDAQ:NYMT)

Barclays PLC grew its holdings in New York Mortgage Trust, Inc. (NASDAQ:NYMT) by 347.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 150,946 shares of the real estate investment trust’s stock after buying an additional 117,206 shares during the quarter. Barclays PLC owned approximately 0.17% of New York Mortgage Trust worth $955,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NYMT. Sequoia Financial Advisors LLC acquired a new stake in shares of New York Mortgage Trust in the third quarter valued at $76,000. Calton & Associates Inc. acquired a new stake in shares of New York Mortgage Trust in the third quarter valued at $82,000. AQR Capital Management LLC acquired a new stake in shares of New York Mortgage Trust in the second quarter valued at $83,000. Evergreen Capital Management LLC acquired a new stake in shares of New York Mortgage Trust in the second quarter valued at $83,000. Finally, Wolverine Trading LLC acquired a new stake in shares of New York Mortgage Trust in the third quarter valued at $101,000. 54.89% of the stock is currently owned by institutional investors and hedge funds.

New York Mortgage Trust Price Performance

Shares of NYMT stock opened at $5.77 on Tuesday. The stock has a 50-day moving average price of $5.93 and a 200 day moving average price of $6.15. The company has a quick ratio of 8.25, a current ratio of 8.25 and a debt-to-equity ratio of 7.24. The firm has a market cap of $522.64 million, a price-to-earnings ratio of -17.48 and a beta of 1.94. New York Mortgage Trust, Inc. has a 12 month low of $5.14 and a 12 month high of $8.61.

New York Mortgage Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 23rd. Investors of record on Friday, December 20th will be given a $0.20 dividend. The ex-dividend date of this dividend is Friday, December 20th. This represents a $0.80 dividend on an annualized basis and a yield of 13.86%. New York Mortgage Trust’s payout ratio is -242.42%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered New York Mortgage Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $7.75.

About New York Mortgage Trust

New York Mortgage Trust, Inc acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets.