Geode Capital Management LLC cut its position in Anworth Mortgage Asset Corporation (NYSE:ANH) by 8.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,071,060 shares of the real estate investment trust’s stock after selling 93,958 shares during the period. Geode Capital Management LLC’s holdings in Anworth Mortgage Asset Corporation were worth $5,944,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. UBS Asset Management Americas Inc. increased its position in shares of Anworth Mortgage Asset Corporation by 81.0% in the first quarter. UBS Asset Management Americas Inc. now owns 47,483 shares of the real estate investment trust’s stock worth $264,000 after buying an additional 21,255 shares during the period. Bank of New York Mellon Corp increased its position in shares of Anworth Mortgage Asset Corporation by 7.4% in the first quarter. Bank of New York Mellon Corp now owns 494,861 shares of the real estate investment trust’s stock worth $2,747,000 after buying an additional 34,108 shares during the period. IndexIQ Advisors LLC increased its position in shares of Anworth Mortgage Asset Corporation by 12.6% in the first quarter. IndexIQ Advisors LLC now owns 101,888 shares of the real estate investment trust’s stock worth $565,000 after buying an additional 11,428 shares during the period. Nwam LLC increased its position in shares of Anworth Mortgage Asset Corporation by 1.4% in the first quarter. Nwam LLC now owns 141,350 shares of the real estate investment trust’s stock worth $784,000 after buying an additional 2,000 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of Anworth Mortgage Asset Corporation by 11.4% in the first quarter. Wells Fargo & Company MN now owns 331,687 shares of the real estate investment trust’s stock worth $1,842,000 after buying an additional 33,953 shares during the period. 59.68% of the stock is owned by institutional investors.

Anworth Mortgage Asset Corporation (NYSE:ANH) opened at 6.02 on Thursday. The firm has a market capitalization of $587.26 million, a P/E ratio of 9.51 and a beta of 0.27. Anworth Mortgage Asset Corporation has a 12 month low of $4.69 and a 12 month high of $6.35. The stock’s 50 day moving average price is $6.08 and its 200-day moving average price is $5.74.

Anworth Mortgage Asset Corporation (NYSE:ANH) last issued its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by $0.01. Anworth Mortgage Asset Corporation had a net margin of 44.13% and a return on equity of 8.83%. The business had revenue of $13.89 million during the quarter, compared to analysts’ expectations of $17.78 million. During the same period in the prior year, the business earned $0.15 EPS. The business’s quarterly revenue was up 23.8% on a year-over-year basis. Equities analysts forecast that Anworth Mortgage Asset Corporation will post $0.53 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, July 28th. Shareholders of record on Friday, June 30th were given a $0.15 dividend. The ex-dividend date was Wednesday, June 28th. This represents a $0.60 annualized dividend and a yield of 9.95%. Anworth Mortgage Asset Corporation’s dividend payout ratio is presently 95.24%.

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A number of equities analysts recently commented on the stock. Credit Suisse Group reissued a “hold” rating and issued a $6.00 price objective on shares of Anworth Mortgage Asset Corporation in a research note on Friday, August 4th. TheStreet raised shares of Anworth Mortgage Asset Corporation from a “d+” rating to a “c” rating in a research note on Tuesday, May 2nd.

About Anworth Mortgage Asset Corporation

Anworth Mortgage Asset Corporation is a real estate investment trust (REIT). The Company’s investment objective is to provide risk-adjusted total returns to its stockholders over the long-term primarily through dividends and secondarily through capital appreciation. Its strategy is to invest in residential mortgage-backed securities (MBS) (both Agency MBS and Non-Agency MBS), residential mortgage loans and residential rental properties.

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Institutional Ownership by Quarter for Anworth Mortgage Asset  Corporation (NYSE:ANH)

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