Barclays PLC Has $165,000 Holdings in Angel Oak Mortgage REIT, Inc. (NYSE:AOMR)

Barclays PLC increased its position in shares of Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) by 294.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,813 shares of the company’s stock after buying an additional 11,804 shares during the period. Barclays PLC owned 0.07% of Angel Oak Mortgage REIT worth $165,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jacobs Levy Equity Management Inc. bought a new position in shares of Angel Oak Mortgage REIT during the third quarter worth approximately $1,515,000. Jacobs Asset Management LLC acquired a new position in Angel Oak Mortgage REIT in the 3rd quarter valued at $975,000. Wolverine Asset Management LLC bought a new position in Angel Oak Mortgage REIT during the 3rd quarter worth $616,000. Jane Street Group LLC lifted its holdings in shares of Angel Oak Mortgage REIT by 256.2% during the third quarter. Jane Street Group LLC now owns 46,293 shares of the company’s stock worth $483,000 after buying an additional 33,297 shares in the last quarter. Finally, Ritholtz Wealth Management boosted its position in shares of Angel Oak Mortgage REIT by 32.3% in the third quarter. Ritholtz Wealth Management now owns 51,862 shares of the company’s stock valued at $541,000 after acquiring an additional 12,650 shares during the period. 80.15% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on AOMR. Wells Fargo & Company lowered their price target on shares of Angel Oak Mortgage REIT from $13.00 to $12.00 and set an “overweight” rating on the stock in a research report on Thursday, November 7th. Janney Montgomery Scott began coverage on shares of Angel Oak Mortgage REIT in a research report on Thursday, January 2nd. They issued a “buy” rating and a $13.00 price target for the company. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Angel Oak Mortgage REIT currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.20.

Insider Buying and Selling at Angel Oak Mortgage REIT

In other news, Director W D. Minami purchased 5,000 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were purchased at an average cost of $9.73 per share, with a total value of $48,650.00. Following the completion of the purchase, the director now owns 45,259 shares of the company’s stock, valued at $440,370.07. This trade represents a 12.42 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 2.50% of the company’s stock.

Angel Oak Mortgage REIT Stock Performance

Angel Oak Mortgage REIT stock opened at $9.72 on Wednesday. The company has a quick ratio of 5.76, a current ratio of 5.76 and a debt-to-equity ratio of 5.29. The stock has a market cap of $228.53 million, a PE ratio of 3.31 and a beta of 1.46. Angel Oak Mortgage REIT, Inc. has a 12-month low of $8.88 and a 12-month high of $13.31. The business’s 50-day moving average price is $9.46 and its two-hundred day moving average price is $10.58.

Angel Oak Mortgage REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 19th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 13.17%. The ex-dividend date of this dividend was Tuesday, November 19th. Angel Oak Mortgage REIT’s dividend payout ratio is 43.54%.

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.