Anworth Mortgage Asset Corporation (ANH) rated Mkt Outperform with price target $8 by JMP Securities
JMP Securities rated Mkt Outperform Anworth Mortgage Asset Corporation (NYSE: ANH) on 08/07/2008. Previously JMP Securities rated Buy Anworth Mortgage Asset Corporation
(NYSE: ANH) on 07/09/2007., when the stock price was $9.05. Since then, Anworth Mortgage Asset Corporation has lost 41.10% as of 04/15/2014's recent price of $5.33. If you would have followed the previous JMP Securities's recommendation on ANH, you would have lost 41.1% of your investment in 2472 days.
Anworth Mortgage Asset Corp. was formed to invest in mortgage assets,including mortgage pass-through certificates, collateralized mortgageobligations, mortgage loans and other securities representing interests in, or obligations backed by, pools of mortgage loans which can be readily financed and short-term investments. The Company intends to acquire mortgage assets primarily in the secondary mortgage market through its manager, Anworth Mortgage Advisory Corporation.
MP Securities' equity research department provides institutional clients with comprehensive industry knowledge, unique insight and actionable information. JMP's senior research analysts are charged with developing proprietary investment themes, anticipating secular and cyclical changes and producing action-oriented reports.
JMP follows companies in six industries that exhibit above-average long-term growth characteristics — Technology, Healthcare, Consumer, Real Estate, Financial Services and Business Services — and produces specialized equity research that enables investors to understand and invest in complicated growth stocks profitably.