Stifel Financial Corp Buys 149,448 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Stifel Financial Corp lifted its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 22.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 810,183 shares of the real estate investment trust's stock after buying an additional 149,448 shares during the period. Stifel Financial Corp owned about 0.09% of AGNC Investment worth $7,462,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Financial Life Planners acquired a new stake in AGNC Investment in the fourth quarter valued at $28,000. National Bank of Canada FI increased its stake in shares of AGNC Investment by 112.7% in the fourth quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock valued at $32,000 after buying an additional 1,832 shares during the period. Spire Wealth Management raised its position in shares of AGNC Investment by 94.5% during the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock worth $37,000 after acquiring an additional 1,972 shares during the last quarter. Strategic Investment Solutions Inc. IL lifted its stake in shares of AGNC Investment by 150.0% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 5,000 shares of the real estate investment trust's stock worth $46,000 after acquiring an additional 3,000 shares during the period. Finally, Strategic Financial Concepts LLC boosted its holdings in AGNC Investment by 775.6% in the fourth quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust's stock valued at $54,000 after acquiring an additional 515,148 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on AGNC. Jones Trading lowered their price target on shares of AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Argus restated a "hold" rating on shares of AGNC Investment in a report on Tuesday. StockNews.com upgraded AGNC Investment from a "sell" rating to a "hold" rating in a report on Tuesday, February 25th. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Finally, Wells Fargo & Company lowered their target price on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $9.96.

Insiders Place Their Bets

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the firm's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction of $50,500.00. Following the transaction, the director now directly owns 75,919 shares in the company, valued at approximately $766,781.90. This trade represents a 6.18 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Bernice Bell sold 13,000 shares of the company's stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the completion of the sale, the chief financial officer now owns 372,226 shares of the company's stock, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 132,166 shares of company stock valued at $1,188,739. Corporate insiders own 0.42% of the company's stock.

AGNC Investment Stock Down 2.6 %

Shares of NASDAQ AGNC traded down $0.24 during midday trading on Wednesday, hitting $8.83. 29,490,969 shares of the stock traded hands, compared to its average volume of 19,316,678. AGNC Investment Corp. has a one year low of $7.85 and a one year high of $10.85. The business has a 50 day moving average price of $9.50 and a two-hundred day moving average price of $9.64. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The company has a market cap of $8.08 billion, a PE ratio of 9.10 and a beta of 1.32.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. The firm had revenue of $846.00 million for the quarter, compared to the consensus estimate of $436.71 million. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. During the same quarter in the prior year, the company posted $0.58 earnings per share. On average, equities analysts predict that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

The business also recently declared a apr 25 dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a yield of 17.7%. AGNC Investment's dividend payout ratio (DPR) is currently 360.00%.

AGNC Investment Profile

AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).