Municipal Employees Retirement System of Michigan Grows Position in Anworth Mortgage Asset Co. (ANH)

Municipal Employees Retirement System of Michigan raised its stake in shares of Anworth Mortgage Asset Co. (NYSE:ANH) by 44.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 162,450 shares of the real estate investment trust’s stock after acquiring an additional 49,670 shares during the period. Municipal Employees Retirement System of Michigan owned approximately 0.17% of Anworth Mortgage Asset worth $884,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of ANH. Wells Fargo & Company MN raised its stake in shares of Anworth Mortgage Asset by 42.0% during the 4th quarter. Wells Fargo & Company MN now owns 984,786 shares of the real estate investment trust’s stock worth $5,357,000 after buying an additional 291,141 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Anworth Mortgage Asset by 5.9% during the 4th quarter. Renaissance Technologies LLC now owns 4,624,920 shares of the real estate investment trust’s stock worth $25,160,000 after buying an additional 257,400 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of Anworth Mortgage Asset by 226.5% during the 4th quarter. Allianz Asset Management GmbH now owns 335,476 shares of the real estate investment trust’s stock worth $1,825,000 after buying an additional 232,715 shares in the last quarter. Chicago Equity Partners LLC raised its stake in shares of Anworth Mortgage Asset by 146.6% during the 4th quarter. Chicago Equity Partners LLC now owns 340,815 shares of the real estate investment trust’s stock worth $1,854,000 after buying an additional 202,599 shares in the last quarter. Finally, Wolverine Asset Management LLC raised its stake in shares of Anworth Mortgage Asset by 55.6% during the 4th quarter. Wolverine Asset Management LLC now owns 526,245 shares of the real estate investment trust’s stock worth $2,862,000 after buying an additional 188,009 shares in the last quarter. 58.38% of the stock is owned by institutional investors and hedge funds.

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Shares of ANH stock remained flat at $$4.73 during trading hours on Friday. The stock had a trading volume of 340,096 shares, compared to its average volume of 810,285. The stock has a market cap of $464.50 and a P/E ratio of 8.76. Anworth Mortgage Asset Co. has a fifty-two week low of $4.55 and a fifty-two week high of $6.35. The company has a current ratio of 40.70, a quick ratio of 40.70 and a debt-to-equity ratio of 1.14.

Anworth Mortgage Asset (NYSE:ANH) last issued its earnings results on Wednesday, February 14th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The business had revenue of $19.64 million during the quarter, compared to the consensus estimate of $17.19 million. Anworth Mortgage Asset had a return on equity of 9.50% and a net margin of 36.20%. During the same period in the prior year, the business posted $0.13 EPS.

The company also recently declared a quarterly dividend, which will be paid on Monday, April 30th. Investors of record on Friday, March 30th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.68%. The ex-dividend date of this dividend is Wednesday, March 28th.

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Anworth Mortgage Asset Profile

Anworth Mortgage Asset Corporation operates as a real estate investment trust (REIT) in the United States. It primarily invests in, finances, and manages a leveraged portfolio of residential mortgage-backed securities and loans that are guaranteed by government-sponsored enterprises, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation.

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

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