Two Sigma Investments LP Acquires 240,597 Shares of New York Mortgage Trust, Inc. (NASDAQ:NYMT)

Two Sigma Investments LP boosted its holdings in New York Mortgage Trust, Inc. (NASDAQ:NYMT - Free Report) by 2,225.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 251,406 shares of the real estate investment trust's stock after purchasing an additional 240,597 shares during the period. Two Sigma Investments LP owned about 0.28% of New York Mortgage Trust worth $1,524,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in NYMT. Tower Research Capital LLC TRC grew its position in shares of New York Mortgage Trust by 18.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 12,945 shares of the real estate investment trust's stock valued at $78,000 after acquiring an additional 2,014 shares during the period. Inceptionr LLC grew its position in shares of New York Mortgage Trust by 14.5% in the 4th quarter. Inceptionr LLC now owns 43,505 shares of the real estate investment trust's stock valued at $264,000 after acquiring an additional 5,513 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of New York Mortgage Trust in the 4th quarter valued at about $49,000. Barclays PLC grew its position in shares of New York Mortgage Trust by 5.7% in the 4th quarter. Barclays PLC now owns 159,482 shares of the real estate investment trust's stock valued at $966,000 after acquiring an additional 8,536 shares during the period. Finally, Caxton Associates LP bought a new position in shares of New York Mortgage Trust in the 4th quarter valued at about $69,000. Institutional investors own 54.89% of the company's stock.

New York Mortgage Trust Stock Performance

Shares of NASDAQ NYMT traded up $0.11 during mid-day trading on Friday, reaching $6.77. 523,039 shares of the company were exchanged, compared to its average volume of 696,780. New York Mortgage Trust, Inc. has a twelve month low of $5.02 and a twelve month high of $7.27. The company has a quick ratio of 8.25, a current ratio of 11.17 and a debt-to-equity ratio of 8.33. The company's 50-day simple moving average is $6.18 and its 200-day simple moving average is $6.24. The stock has a market capitalization of $611.32 million, a P/E ratio of -5.94 and a beta of 1.28.

New York Mortgage Trust (NASDAQ:NYMT - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.10. New York Mortgage Trust had a negative net margin of 15.46% and a negative return on equity of 1.39%. The business had revenue of $33.10 million during the quarter, compared to analysts' expectations of $27.84 million. As a group, research analysts predict that New York Mortgage Trust, Inc. will post 0.51 earnings per share for the current year.

New York Mortgage Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 28th. Shareholders of record on Monday, March 31st were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 11.82%. The ex-dividend date of this dividend was Monday, March 31st. New York Mortgage Trust's dividend payout ratio (DPR) is -1,333.33%.

Wall Street Analysts Forecast Growth

NYMT has been the subject of a number of analyst reports. Wall Street Zen raised shares of New York Mortgage Trust from a "sell" rating to a "hold" rating in a research report on Thursday, May 1st. Jones Trading restated a "buy" rating and set a $7.50 target price on shares of New York Mortgage Trust in a research note on Friday, May 2nd. Finally, B. Riley raised their target price on shares of New York Mortgage Trust from $8.00 to $9.00 and gave the stock a "buy" rating in a research note on Friday, May 2nd.

New York Mortgage Trust Company Profile

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.