Cetera Investment Advisers Increases Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Cetera Investment Advisers raised its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 22.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 463,699 shares of the real estate investment trust's stock after acquiring an additional 85,030 shares during the quarter. Cetera Investment Advisers owned about 0.05% of AGNC Investment worth $4,271,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Hsbc Holdings PLC increased its stake in shares of AGNC Investment by 5.6% during the 4th quarter. Hsbc Holdings PLC now owns 18,259 shares of the real estate investment trust's stock worth $168,000 after purchasing an additional 970 shares during the last quarter. CIBC Asset Management Inc increased its position in shares of AGNC Investment by 5.3% in the fourth quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust's stock valued at $197,000 after acquiring an additional 1,075 shares during the period. Armstrong Advisory Group Inc. increased its position in shares of AGNC Investment by 6.6% during the fourth quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust's stock valued at $170,000 after buying an additional 1,150 shares during the period. Advisory Services Network LLC boosted its stake in AGNC Investment by 2.9% during the fourth quarter. Advisory Services Network LLC now owns 46,399 shares of the real estate investment trust's stock worth $427,000 after acquiring an additional 1,303 shares in the last quarter. Finally, MetLife Investment Management LLC lifted its stake in shares of AGNC Investment by 10.5% in the fourth quarter. MetLife Investment Management LLC now owns 14,292 shares of the real estate investment trust's stock worth $132,000 after buying an additional 1,359 shares in the last quarter. Institutional investors own 38.28% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Royal Bank of Canada reduced their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a research note on Tuesday, April 29th. Keefe, Bruyette & Woods decreased their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. JPMorgan Chase & Co. cut their price target on shares of AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. Finally, StockNews.com cut shares of AGNC Investment from a "hold" rating to a "sell" rating in a research report on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, AGNC Investment has an average rating of "Moderate Buy" and an average target price of $9.96.

AGNC Investment Stock Performance

Shares of AGNC stock traded up $0.10 during trading on Friday, reaching $9.18. The company had a trading volume of 13,900,888 shares, compared to its average volume of 20,140,874. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The firm's 50 day simple moving average is $9.12 and its two-hundred day simple moving average is $9.53. The company has a market capitalization of $9.37 billion, a PE ratio of 9.46 and a beta of 1.30. AGNC Investment Corp. has a one year low of $7.85 and a one year high of $10.85.

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 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.03. The business had revenue of $846.00 million during the quarter, compared to the consensus estimate of $436.71 million. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. During the same quarter in the prior year, the company posted $0.58 earnings per share. Sell-side analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The firm also recently declared a may 25 dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 30th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a dividend yield of 16.2%. AGNC Investment's dividend payout ratio (DPR) is currently 360.00%.

Insider Buying and Selling

In related news, EVP Bernice Bell sold 8,000 shares of the company's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $8.88, for a total transaction of $71,040.00. Following the transaction, the executive vice president now directly owns 374,019 shares of the company's stock, valued at approximately $3,321,288.72. This represents a 2.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kenneth L. Pollack sold 17,500 shares of the stock in a transaction that occurred on Tuesday, April 29th. The stock was sold at an average price of $9.03, for a total value of $158,025.00. Following the completion of the sale, the executive vice president now directly owns 447,841 shares of the company's stock, valued at approximately $4,044,004.23. This trade represents a 3.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 139,384 shares of company stock worth $1,228,039 in the last 90 days. Insiders own 0.42% of the company's stock.

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).