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

Barclays PLC raised its position in New York Mortgage Trust, Inc. (NASDAQ:NYMT - Free Report) by 347.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 150,946 shares of the real estate investment trust's stock after purchasing an additional 117,206 shares during the period. Barclays PLC owned approximately 0.17% of New York Mortgage Trust worth $955,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. State Street Corp lifted its holdings in shares of New York Mortgage Trust by 1.6% during the 3rd quarter. State Street Corp now owns 3,495,306 shares of the real estate investment trust's stock valued at $22,820,000 after purchasing an additional 54,597 shares in the last quarter. Geode Capital Management LLC raised its holdings in New York Mortgage Trust by 0.4% during the 3rd quarter. Geode Capital Management LLC now owns 2,261,614 shares of the real estate investment trust's stock worth $14,320,000 after buying an additional 10,017 shares during the period. EMG Holdings L.P. lifted its stake in New York Mortgage Trust by 103.8% in the second 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 buying an additional 610,971 shares in the last quarter. Waterfall Asset Management LLC acquired a new position in shares of New York Mortgage Trust in the second quarter valued at approximately $1,727,000. Finally, Public Sector Pension Investment Board increased its position in shares of New York Mortgage Trust by 6.7% during the second quarter. Public Sector Pension Investment Board now owns 200,708 shares of the real estate investment trust's stock worth $1,172,000 after acquiring an additional 12,528 shares in the last quarter. 54.89% of the stock is currently owned by institutional investors and hedge funds.

New York Mortgage Trust Stock Performance

Shares of NYMT opened at $5.82 on Wednesday. The stock 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 12 month low of $5.14 and a 12 month high of $8.51. The firm has a fifty day simple moving average of $6.05 and a 200 day simple moving average of $6.15. The company has a current ratio of 8.25, a quick ratio of 8.25 and a debt-to-equity ratio of 7.24.

New York Mortgage Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 23rd. Stockholders of record on Friday, December 20th will be paid a dividend of $0.20 per share. 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 is -242.42%.

Analyst Upgrades and Downgrades

NYMT has been the topic of several research reports. B. Riley cut their price objective on shares of New York Mortgage Trust from $11.00 to $8.00 and set a "buy" rating on the stock in a research report on Tuesday, January 7th. StockNews.com lowered New York Mortgage Trust from a "hold" rating to a "sell" rating in a report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, New York Mortgage Trust has a consensus rating of "Hold" and a consensus target price of $7.00.

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.