CF Capital LLC Makes New $1.10 Million Investment in Angel Oak Mortgage REIT, Inc. (NYSE:AOMR)

CF Capital LLC bought a new position in Angel Oak Mortgage REIT, Inc. (NYSE:AOMR - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 117,971 shares of the company's stock, valued at approximately $1,095,000. Angel Oak Mortgage REIT accounts for about 1.2% of CF Capital LLC's holdings, making the stock its 24th biggest position. CF Capital LLC owned 0.50% of Angel Oak Mortgage REIT as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its position 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. increased its holdings in Angel Oak Mortgage REIT by 9.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 40,398 shares of the company's stock valued at $375,000 after purchasing an additional 3,577 shares during the period. JPMorgan Chase & Co. increased its holdings in Angel Oak Mortgage REIT by 285.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,201 shares of the company's stock valued at $284,000 after purchasing an additional 20,142 shares during the period. Barclays PLC lifted its holdings in Angel Oak Mortgage REIT by 294.4% in the 3rd quarter. Barclays PLC now owns 15,813 shares of the company's stock worth $165,000 after buying an additional 11,804 shares during the period. Finally, Jane Street Group LLC grew its position in shares of Angel Oak Mortgage REIT by 256.2% in the 3rd 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 during the last quarter. 80.15% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. B. Riley upgraded Angel Oak Mortgage REIT from a "neutral" rating to a "buy" rating and set a $12.00 target price for the company in a report on Monday, April 21st. Jones Trading restated a "buy" rating and issued a $10.50 price objective on shares of Angel Oak Mortgage REIT in a report on Tuesday. Finally, Wells Fargo & Company dropped their target price on shares of Angel Oak Mortgage REIT from $12.00 to $11.00 and set an "overweight" rating for the company in a research report on Wednesday, March 5th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $11.75.

Angel Oak Mortgage REIT Stock Up 1.7 %

Shares of AOMR stock traded up $0.17 during mid-day trading on Friday, reaching $10.10. 119,748 shares of the company's stock traded hands, compared to its average volume of 119,591. The company's 50-day moving average price is $9.04 and its 200-day moving average price is $9.49. The company has a market cap of $237.35 million, a P/E ratio of 3.44 and a beta of 1.44. The company has a quick ratio of 5.76, a current ratio of 5.76 and a debt-to-equity ratio of 5.29. Angel Oak Mortgage REIT, Inc. has a 12 month low of $7.36 and a 12 month high of $13.32.

Angel Oak Mortgage REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 22nd will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 12.67%. The ex-dividend date is Thursday, May 22nd. Angel Oak Mortgage REIT's dividend payout ratio (DPR) is presently 85.33%.

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.