1 week Ago By Defense World Staff
Investment analysts at StockNews.com began coverage on shares of Great Ajax ( NYSE:AJX – Get Free Report ) in a research report issued to clients and investors on Sunday. The brokerage set a “sell” rating on the real estate investment trust’s stock.
Separately, BTIG Research began coverage on shares of Great Ajax in a report on Tuesday, September 10th. They set a “neutral” rating for the company. Read Our Latest Research Report on AJX Great Ajax Price Performance Great Ajax ( NYSE:AJX – Get Free Report ) last posted its earnings results on Monday, October 21st.
The real estate investment trust reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.38) by $0.
26. The firm had revenue of $12.35 million during the quarter.
Great Ajax had a negative net margin of 203.61% and a negative return on equity of 8.35%.
During the same period last year, the company posted ($0.25) EPS. As a group, equities research analysts anticipate that Great Ajax will post -2.
93 earnings per share for the current fiscal year. Institutional Investors Weigh In On Great Ajax A number of institutional investors have recently added to or reduced their stakes in AJX. Wellington Management Group LLP lifted its holdings in shares of Great Ajax by 18.
9% during the third quarter. Wellington Management Group LLP now owns 5,332,822 shares of the real estate investment trust’s stock worth $17,758,000 after purchasing an additional 848,688 shares during the period. Geode Capital Management LLC increased its holdings in Great Ajax by 42.
6% in the third quarter. Geode Capital Management LLC now owns 460,256 shares of the real estate investment trust’s stock valued at $1,533,000 after purchasing an additional 137,578 shares during the period. Raffles Associates LP raised its position in Great Ajax by 82.
7% during the 3rd quarter. Raffles Associates LP now owns 73,280 shares of the real estate investment trust’s stock worth $244,000 after purchasing an additional 33,161 shares during the last quarter. Renaissance Technologies LLC acquired a new position in Great Ajax during the 2nd quarter worth about $98,000.
Finally, Barclays PLC bought a new stake in shares of Great Ajax in the 3rd quarter valued at about $81,000. 58.60% of the stock is owned by institutional investors.
Great Ajax Company Profile ( Get Free Report ) Great Ajax Corp. operates as a mortgage real estate investment trust. It acquires re-performing and non-performing loans; acquires or originates small balance commercial mortgage loans that are secured by multi-family residential and commercial mixed use retail/residential properties; and invests in single-family and smaller commercial properties.
Featured Stories Five stocks we like better than Great Ajax Most Volatile Stocks, What Investors Need to Know Quantum Opportunity: Skywater Technology’s Long-Term Potential Find and Profitably Trade Stocks at 52-Week Lows Nebius Group: The Rising Star in AI Infrastructure Market Cap Calculator: How to Calculate Market Cap MarketBeat Week in Review – 12/30 – 1/03 Receive News & Ratings for Great Ajax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Ajax and related companies with MarketBeat.com's FREE daily email newsletter ..
