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 has market cap of $543.83 million. The firm invests in residential mortgage-backed securities (RMBS issued or guaranteed by a U.S. government agency or U.S. government-sponsored entities; and fixed- and floating-rate residential non-agency RMBS that are not issued by a U.S. government agencies or U.S. government-sponsored entities. It has a 6.71 P/E ratio. The firm also invests in other real estate-related assets and financial assets, including fixed- and floating-rate commercial mortgage-backed securities, such as investment grade and non-investment grade classes; residential mortgage loans secured by residential real property; and commercial mortgage loans secured by commercial real property comprising mezzanine loans and preferred equity.
Advantus Capital Management Inc decreased Simon Property Group Inc (SPG) stake by 13.61% reported in 2017Q2 SEC filing. Advantus Capital Management Inc sold 72,923 shares as Simon Property Group Inc (SPG)’s stock declined 12.82%. The Advantus Capital Management Inc holds 462,793 shares with $74.86 million value, down from 535,716 last quarter. Simon Property Group Inc now has $58.04 billion valuation. The stock decreased 0.42% or $0.69 during the last trading session, reaching $162.07. About 1.14 million shares traded. Simon Property Group, Inc. (NYSE:SPG) has declined 18.56% since December 8, 2016 and is downtrending. It has underperformed by 35.26% the S&P500.
Fuller & Thaler Asset Management Inc. holds 0.52% of its portfolio in AG Mortgage Investment Trust, Inc. for 2.17 million shares. Angelo Gordon & Co. L.P. owns 400,000 shares or 0.36% of their US portfolio. Moreover, Cedar Hill Associates Llc has 0.29% invested in the company for 77,350 shares. The New York-based Oppenheimer & Co Inc has invested 0.09% in the stock. Rothschild Asset Management Inc, a New York-based fund reported 448,290 shares.
The stock decreased 0.16% or $0.03 during the last trading session, reaching $19.29. About 127,856 shares traded. AG Mortgage Investment Trust, Inc. (MITT) has risen 37.46% since December 8, 2016 and is uptrending. It has outperformed by 20.76% the S&P500.
Among 19 analysts covering Simon Property Group (NYSE:SPG), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Simon Property Group had 60 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Thursday, October 12 by CFRA. The stock of Simon Property Group, Inc. (NYSE:SPG) has “Buy” rating given on Monday, July 24 by Jefferies. The company was upgraded on Monday, March 7 by Evercore. On Monday, September 11 the stock rating was initiated by BMO Capital Markets with “Buy”. Barclays Capital maintained it with “Overweight” rating and $190 target in Tuesday, August 8 report. On Friday, January 20 the stock rating was downgraded by SunTrust to “Hold”. Barclays Capital maintained Simon Property Group, Inc. (NYSE:SPG) on Wednesday, August 5 with “Overweight” rating. Jefferies maintained it with “Buy” rating and $200.0 target in Monday, September 25 report. The stock of Simon Property Group, Inc. (NYSE:SPG) earned “Buy” rating by Mizuho on Sunday, October 29. Jefferies maintained Simon Property Group, Inc. (NYSE:SPG) rating on Friday, October 27. Jefferies has “Buy” rating and $200.0 target.
Investors sentiment is 0.76 in 2017 Q2. Its the same as in 2017Q1. It is without change, as 65 investors sold SPG shares while 244 reduced holdings. only 62 funds opened positions while 173 raised stakes. 298.66 million shares or 0.53% less from 300.27 million shares in 2017Q1 were reported. Old National Bank & Trust In invested in 0.01% or 1,347 shares. Victory Cap Mngmt owns 6,705 shares or 0% of their US portfolio. Whittier Trust Of Nevada has 0.02% invested in Simon Property Group, Inc. (NYSE:SPG) for 1,050 shares. Cambridge Investment Advisors invested in 0.01% or 3,212 shares. The New York-based New York State Teachers Retirement has invested 0.22% in Simon Property Group, Inc. (NYSE:SPG). Eii Mngmt Inc reported 2.38% in Simon Property Group, Inc. (NYSE:SPG). Cleararc holds 0.2% or 7,668 shares in its portfolio. The New York-based Oppenheimer Asset Mngmt has invested 0.1% in Simon Property Group, Inc. (NYSE:SPG). Meiji Yasuda Asset Communications Limited reported 17,718 shares. Atwood & Palmer invested in 0% or 155 shares. San Francisco Sentry Inv Grp (Ca) holds 4,082 shares or 0.24% of its portfolio. Gyroscope Capital Mngmt Grp Inc Ltd Llc has invested 2.74% in Simon Property Group, Inc. (NYSE:SPG). Moreover, Profund Advisors Ltd Co has 0.14% invested in Simon Property Group, Inc. (NYSE:SPG). Bragg Fincl Advisors Incorporated accumulated 1,413 shares. 47 were reported by Valley National Advisers.
Advantus Capital Management Inc increased Ishares Short Maturity Bond Etf stake by 21,945 shares to 405,690 valued at $20.39 million in 2017Q2. It also upped Washington Prime Group Inc stake by 43,468 shares and now owns 148,698 shares. Highwoods Properties Inc (NYSE:HIW) was raised too.
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