Anworth Mortgage Asset Corporation (ANH) reported quarterly earnings results on Wednesday, Aug-3-2016. The company said it had a profit of $0.15 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.14. Analysts expectations of $18.95 million. During the same quarter in the previous year, the company posted $0.15 EPS.
Anworth Mortgage Asset Corporation closed down -0.08 points or -1.61% at $4.88 with 4,11,377 shares getting traded on Tusday. Post opening the session at $4.96, the shares hit an intraday low of $4.87 and an intraday high of $4.96 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on Nov 5, 2015, Lee A Iii Ault (director) purchased 41,000 shares at $4.66 per share price. According to the SEC, on Aug 10, 2015, Thad M Brown (CFO & Secretary) sold 2,331 shares at $5.10 per share price. On Mar 5, 2015, Mortgage Asset Corp Anworth (director) purchased 30,000 shares at $5.33 per share price, according to the Form-4 filing with the securities and exchange commission.
Anworth Mortgage Asset Corporation is a real estate investment trust. The Company invests in finances and manages a portfolio of residential mortgage-backed securities which are agency mortgage-backed securities. It also owns non-agency mortgage-backed securities issued by companies that are not guaranteed by federally sponsored enterprises and that are secured primarily by first-lien residential mortgage loans. Its investment objective is to provide total returns to its stockholders over the long-term primarily through dividends and secondarily through capital appreciation. Its focus is to invest primarily in mortgage-backed securities (MBS). It also has a small portfolio of residential real estate properties which the Company leases to tenants. It owns around 79 single-family residential properties. Its subsidiaries include Qualified REIT Subsidiary (QRS) Anworth Properties Inc. and Anworth Property Services Inc. It is managed and advised by Anworth Management LLC.