1 week Ago By ABMN Staff
Investment analysts at StockNews.com began coverage on shares of Great Ajax ( NYSE:AJX – Get Free Report ) in a research note issued on Sunday. The brokerage set a “sell” rating on the real estate investment trust’s stock.
Separately, BTIG Research initiated coverage on Great Ajax in a research note on Tuesday, September 10th. They issued a “neutral” rating on the stock. View Our Latest Analysis on Great Ajax Great Ajax Price Performance Great Ajax ( NYSE:AJX – Get Free Report ) last issued its quarterly earnings results on Monday, October 21st.
The real estate investment trust reported ($0.12) earnings per share 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 return on equity of 8.35% and a negative net margin of 203.61%.
During the same quarter in the previous year, the business posted ($0.25) earnings per share. Sell-side analysts anticipate that Great Ajax will post -2.
93 EPS for the current fiscal year. Institutional Trading of Great Ajax Several large investors have recently made changes to their positions in the company. Algert Global LLC bought a new position in shares of Great Ajax in the 2nd quarter worth $43,000.
Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Great Ajax in the third quarter valued at $62,000.
Barclays PLC acquired a new position in shares of Great Ajax during the third quarter valued at about $81,000. Sei Investments Co. grew its holdings in shares of Great Ajax by 16.
6% during the second quarter. Sei Investments Co. now owns 26,641 shares of the real estate investment trust’s stock valued at $95,000 after buying an additional 3,800 shares during the last quarter.
Finally, Renaissance Technologies LLC bought a new stake in shares of Great Ajax during the second quarter worth about $98,000. 58.60% of the stock is currently owned by institutional investors and hedge funds.
About Great Ajax ( 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.
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