American Capital Mortgage Investment Crp(NASDAQ:MTGE) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 1, 2016. Earnings per share were $0.42.
American Capital Mortgage Investment Crp (MTGE) shares turned negative on Mondays trading session with the shares closing down -0.04 points or -0.23% at a volume of 2,19,350. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $17.42. The peak price level was also seen at $17.42 while the days lowest was $17.33. Finally the shares closed at $17.34. The 52-week high of the shares is $17.42 while the 52-week low is $12.01. According to the latest information available, the market cap of the company is $793 M.
Several Insider Transactions has been reported to the SEC. On Jul 7, 2016, Aaron Pas (SVP) sold 20,261 shares at $15.61 per share price.Also, On Jul 7, 2016, Gary D Kain (Dir., CEO, President and CIO) sold 53,598 shares at $15.61 per share price.On Jul 7, 2016, Donald Holley (SVP and Chief Accounting Off) sold 8,528 shares at $15.61 per share price, according to the Form-4 filing with the securities and exchange commission.
American Capital Mortgage Investment Corp. is a mortgage real estate investment trust (REIT) that invests in finances and manages a leveraged portfolio of mortgage-related investments including agency residential mortgage-backed securities (RMBS) non-agency mortgage investments and other mortgage-related investments. The Company invests in residential mortgage pass-through certificates collateralized mortgage obligations mortgage servicing rights (MSR) mortgage REIT equity securities commercial mortgage-backed securities commercial mortgage loans and mortgage-related derivatives. The Company’s subsidiary Residential Credit Solutions Inc. holds and manages MSR and residential mortgage loans. American Capital MTGE Management LLC is an indirect subsidiary of American Capital Asset Management LLC which is a portfolio company of American Capital Ltd.