Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) Shares Purchased by Marshall Wace LLP

Marshall Wace LLP boosted its holdings in Angel Oak Mortgage REIT, Inc. (NYSE:AOMR - Free Report) by 55.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 168,952 shares of the company's stock after purchasing an additional 60,135 shares during the quarter. Marshall Wace LLP owned about 0.72% of Angel Oak Mortgage REIT worth $1,568,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wells Fargo & Company MN boosted its holdings in shares of Angel Oak Mortgage REIT by 62.3% in the fourth quarter. Wells Fargo & Company MN now owns 184,965 shares of the company's stock valued at $1,716,000 after acquiring an additional 70,990 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Angel Oak Mortgage REIT by 9.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 40,398 shares of the company's stock valued at $375,000 after acquiring an additional 3,577 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Angel Oak Mortgage REIT by 285.3% in the third quarter. JPMorgan Chase & Co. now owns 27,201 shares of the company's stock valued at $284,000 after acquiring an additional 20,142 shares during the period. Barclays PLC boosted its holdings in shares of Angel Oak Mortgage REIT by 294.4% in the third quarter. Barclays PLC now owns 15,813 shares of the company's stock valued at $165,000 after acquiring an additional 11,804 shares during the period. Finally, State Street Corp boosted its holdings in shares of Angel Oak Mortgage REIT by 3.4% in the third quarter. State Street Corp now owns 333,989 shares of the company's stock valued at $3,484,000 after acquiring an additional 10,909 shares during the period. 80.15% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on AOMR. B. Riley raised Angel Oak Mortgage REIT from a "neutral" rating to a "buy" rating and set a $12.00 price objective for the company in a report on Monday, April 21st. Janney Montgomery Scott assumed coverage on Angel Oak Mortgage REIT in a report on Thursday, January 2nd. They set a "buy" rating and a $13.00 price target for the company. Wells Fargo & Company decreased their price target on Angel Oak Mortgage REIT from $12.00 to $11.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th. Finally, Jones Trading decreased their price target on Angel Oak Mortgage REIT from $12.50 to $10.50 and set a "buy" rating for the company in a report on Thursday, April 17th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $11.75.

Angel Oak Mortgage REIT Trading Up 10.6 %

NYSE:AOMR opened at $9.38 on Tuesday. The stock has a fifty day moving average price of $9.07 and a two-hundred day moving average price of $9.49. The stock has a market capitalization 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 quick ratio of 5.76 and a current 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.

Angel Oak Mortgage REIT Dividend Announcement

The firm 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. This represents a $1.28 annualized dividend and a yield of 13.65%. The ex-dividend date was Friday, February 21st. Angel Oak Mortgage REIT's payout ratio is 112.28%.

Angel Oak Mortgage REIT Company 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.

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