Swiss National Bank held its position in New York Mortgage Trust, Inc. (NASDAQ:NYMT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 180,320 shares of the real estate investment trust’s stock at the end of the 2nd quarter. Swiss National Bank owned 0.16% of New York Mortgage Trust worth $1,122,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Great Lakes Advisors LLC increased its holdings in New York Mortgage Trust by 20.2% during the second quarter. Great Lakes Advisors LLC now owns 231,588 shares of the real estate investment trust’s stock worth $1,440,000 after buying an additional 38,957 shares during the last quarter. Menta Capital LLC acquired a new position in New York Mortgage Trust during the first quarter worth $560,000. Wells Fargo & Company MN increased its holdings in New York Mortgage Trust by 8.4% during the first quarter. Wells Fargo & Company MN now owns 102,423 shares of the real estate investment trust’s stock worth $632,000 after buying an additional 7,947 shares during the last quarter. Caxton Associates LP acquired a new position in New York Mortgage Trust during the first quarter worth $434,000. Finally, Bank of New York Mellon Corp increased its holdings in New York Mortgage Trust by 3.7% during the second quarter. Bank of New York Mellon Corp now owns 555,126 shares of the real estate investment trust’s stock worth $3,452,000 after buying an additional 19,728 shares during the last quarter. Institutional investors own 36.11% of the company’s stock.

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A number of brokerages recently weighed in on NYMT. Zacks Investment Research downgraded shares of New York Mortgage Trust from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. Barclays PLC lifted their price objective on shares of New York Mortgage Trust from $5.00 to $6.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 10th. BidaskClub raised shares of New York Mortgage Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd. Keefe, Bruyette & Woods set a $6.00 price objective on shares of New York Mortgage Trust and gave the stock a “hold” rating in a research report on Monday, August 14th. Finally, TheStreet cut shares of New York Mortgage Trust from a “c” rating to a “d+” rating in a research report on Friday, August 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $6.33.

Shares of New York Mortgage Trust, Inc. (NASDAQ:NYMT) opened at 6.28 on Monday. The company has a market cap of $702.68 million, a PE ratio of 12.31 and a beta of 1.37. New York Mortgage Trust, Inc. has a 12 month low of $5.72 and a 12 month high of $7.04. The stock has a 50 day moving average of $6.25 and a 200-day moving average of $6.27.

New York Mortgage Trust (NASDAQ:NYMT) last posted its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.04). The firm had revenue of $15.71 million for the quarter, compared to the consensus estimate of $17.42 million. New York Mortgage Trust had a return on equity of 10.05% and a net margin of 19.62%. The firm’s revenue was down 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS. Equities analysts forecast that New York Mortgage Trust, Inc. will post $0.53 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. Stockholders of record on Monday, September 25th will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, September 22nd. This represents a $0.80 annualized dividend and a dividend yield of 12.74%. New York Mortgage Trust’s payout ratio is 156.87%.

About New York Mortgage Trust

New York Mortgage Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of acquiring, investing in, financing and managing primarily mortgage-related assets and financial assets. The Company’s investment portfolio includes residential mortgage loans, including second mortgages and loans sourced from distressed markets, non-agency residential mortgage-backed securities (RMBS), multi-family commercial mortgage-backed securities, preferred equity and joint venture equity investments in, and mezzanine loans to, owners of multi-family properties, equity and debt securities issued by entities that invest in residential and commercial real estate and agency RMBS.

Institutional Ownership by Quarter for New York Mortgage Trust (NASDAQ:NYMT)

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