Morgan Stanley lessened its stake in shares of AG Mortgage Investment Trust Inc (NYSE:MITT) by 47.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 86,050 shares of the real estate investment trust’s stock after selling 78,809 shares during the quarter. Morgan Stanley’s holdings in AG Mortgage Investment Trust were worth $1,564,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. BlackRock Inc. raised its holdings in AG Mortgage Investment Trust by 10.3% during the 3rd quarter. BlackRock Inc. now owns 3,005,538 shares of the real estate investment trust’s stock valued at $54,642,000 after buying an additional 281,740 shares during the period. LSV Asset Management raised its holdings in AG Mortgage Investment Trust by 0.3% during the 3rd quarter. LSV Asset Management now owns 935,027 shares of the real estate investment trust’s stock valued at $16,998,000 after buying an additional 3,200 shares during the period. Prudential Financial Inc. raised its holdings in AG Mortgage Investment Trust by 35.1% during the 3rd quarter. Prudential Financial Inc. now owns 483,551 shares of the real estate investment trust’s stock valued at $8,791,000 after buying an additional 125,524 shares during the period. JPMorgan Chase & Co. raised its holdings in AG Mortgage Investment Trust by 55.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 441,739 shares of the real estate investment trust’s stock valued at $8,031,000 after buying an additional 156,858 shares during the period. Finally, Renaissance Technologies LLC raised its holdings in AG Mortgage Investment Trust by 10.7% during the 3rd quarter. Renaissance Technologies LLC now owns 248,600 shares of the real estate investment trust’s stock valued at $4,520,000 after buying an additional 24,100 shares during the period. Institutional investors own 64.40% of the company’s stock.

MITT stock opened at $17.58 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.16 and a current ratio of 1.16. AG Mortgage Investment Trust Inc has a twelve month low of $15.52 and a twelve month high of $19.69. The firm has a market capitalization of $566.08 million, a price-to-earnings ratio of 8.01 and a beta of 0.92.

AG Mortgage Investment Trust (NYSE:MITT) last released its earnings results on Tuesday, February 26th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.05). AG Mortgage Investment Trust had a return on equity of 12.97% and a net margin of 1.00%.

In other AG Mortgage Investment Trust news, CFO Brian C. Sigman bought 5,000 shares of AG Mortgage Investment Trust stock in a transaction on Monday, February 11th. The shares were acquired at an average price of $17.05 per share, for a total transaction of $85,250.00. Following the completion of the purchase, the chief financial officer now directly owns 44,166 shares in the company, valued at approximately $753,030.30. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Thomas Durkin bought 10,000 shares of AG Mortgage Investment Trust stock in a transaction on Monday, February 11th. The stock was acquired at an average price of $17.05 per share, for a total transaction of $170,500.00. Following the purchase, the insider now owns 51,833 shares of the company’s stock, valued at $883,752.65. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 65,000 shares of company stock worth $1,108,250. Insiders own 1.27% of the company’s stock.

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AG Mortgage Investment Trust Company Profile

AG Mortgage Investment Trust, Inc, a real estate investment trust, focuses on investing in, acquiring, and managing a portfolio of residential mortgage assets, other real estate-related securities, and financial assets. The company invests in residential mortgage-backed securities (RMBS) issued or guaranteed by a U.S.

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Institutional Ownership by Quarter for AG Mortgage Investment Trust (NYSE:MITT)

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