Barclays PLC Has $955,000 Holdings in New York Mortgage Trust, Inc. (NASDAQ:NYMT)

Barclays PLC grew its holdings in New York Mortgage Trust, Inc. (NASDAQ:NYMT) by 347.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 150,946 shares of the real estate investment trust’s stock after purchasing an additional 117,206 shares during the quarter. Barclays PLC’s holdings in New York Mortgage Trust were worth $955,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Intech Investment Management LLC acquired a new position in New York Mortgage Trust during the 2nd quarter worth approximately $122,000. EMG Holdings L.P. lifted its stake in shares of New York Mortgage Trust by 103.8% in the 2nd quarter. EMG Holdings L.P. now owns 1,199,850 shares of the real estate investment trust’s stock valued at $7,007,000 after acquiring an additional 610,971 shares during the last quarter. Sei Investments Co. lifted its stake in shares of New York Mortgage Trust by 16.8% in the 2nd quarter. Sei Investments Co. now owns 85,365 shares of the real estate investment trust’s stock valued at $499,000 after acquiring an additional 12,293 shares during the last quarter. Waterfall Asset Management LLC bought a new stake in New York Mortgage Trust during the 2nd quarter worth $1,727,000. Finally, Public Sector Pension Investment Board increased its holdings in New York Mortgage Trust by 6.7% in the 2nd quarter. Public Sector Pension Investment Board now owns 200,708 shares of the real estate investment trust’s stock worth $1,172,000 after purchasing an additional 12,528 shares in the last quarter. Institutional investors own 54.89% of the company’s stock.

New York Mortgage Trust Price Performance

Shares of NYMT opened at $5.82 on Wednesday. The business has a 50-day moving average of $6.05 and a 200-day moving average of $6.15. The company has a debt-to-equity ratio of 7.24, a current ratio of 8.25 and a quick ratio of 8.25. The company has a market capitalization of $527.17 million, a price-to-earnings ratio of -17.64 and a beta of 1.92. New York Mortgage Trust, Inc. has a 1 year low of $5.14 and a 1 year high of $8.51.

New York Mortgage Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 23rd. Stockholders of record on Friday, December 20th will be given a $0.20 dividend. The ex-dividend date of this dividend is Friday, December 20th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 13.75%. New York Mortgage Trust’s dividend payout ratio (DPR) is currently -242.42%.

Analyst Ratings Changes

A number of analysts have recently commented on NYMT shares. StockNews.com lowered New York Mortgage Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, November 19th. B. Riley decreased their price target on shares of New York Mortgage Trust from $11.00 to $8.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $7.00.

New York Mortgage Trust 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.