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Anworth Mortgage Asset Corporation (ANH) [hlAlert]

Rating:
Buy ANH
down 12.41 %

Anworth Mortgage Asset Corporation (ANH) upgraded to Buy with price target $7 by Sterne Agee

Posted on: Tuesday,  Sep 30, 2008  9:25 AM ET by Sterne Agee

Sterne Agee rated Buy Anworth Mortgage Asset Corporation (NYSE: ANH) on 09/30/2008, when the stock price was $5.80.
Since then, Anworth Mortgage Asset Corporation has lost 12.41% as of 01/15/2016's recent price of $5.08.
If you would have followed this Sterne Agee's recommendation on ANH, you would have lost 12.41% of your investment in 2663 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.

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/30/2008 9:25 AM Buy
None
5.80 7.00
as of 12/24/2008
1 Week down  -3.19 %
1 Month up  14.80 %
3 Months up  4.43 %
1 YTD up  9.72 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/10/2008 10:25 AM Hold
None
5.29 6.00
3/7/2008 10:25 AM Buy
None
6.05 9.00
2/26/2008 9:25 AM Buy
None
9.68 11.00

(*) Stock Price at the time of the recommendation.
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