Talkot Capital buys $5,000,000 stake in Anworth Mortgage Asset Corporation (ANH)

Anworth Mortgage Asset Corporation (ANH) : Talkot Capital scooped up 918,945 additional shares in Anworth Mortgage Asset Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 1,000,000 shares of Anworth Mortgage Asset Corporation which is valued at $5,000,000.Anworth Mortgage Asset Corporation makes up approximately 7.81% of Talkot Capital’s portfolio.

Other Hedge Funds, Including , Blackrock Institutional Trust Company N.a. boosted its stake in ANH in the latest quarter, The investment management firm added 2,061 additional shares and now holds a total of 2,949,393 shares of Anworth Mortgage Asset Corporation which is valued at $14,628,989.Aperio Group boosted its stake in ANH in the latest quarter, The investment management firm added 4,711 additional shares and now holds a total of 43,867 shares of Anworth Mortgage Asset Corporation which is valued at $208,807.

Anworth Mortgage Asset Corporation opened for trading at $5.1 and hit $5.15 on the upside on Monday, eventually ending the session at $5.12, with a gain of 0.79% or 0.04 points. The heightened volatility saw the trading volume jump to 7,47,157 shares. Company has a market cap of $490 M.

On the company’s financial health, Anworth Mortgage Asset Corporation reported $0.13 EPS for the quarter, based on the information available during the earnings call on Nov 2, 2016. Analyst had a consensus estimate of $0.13. The company had revenue of $18.74 million for the quarter, compared to analysts expectations of $17.57 million. The company’s revenue was down -23.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.14 EPS.

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.

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