90,000 Shares in AGNC Investment Corp. (NASDAQ:AGNC) Bought by Bayview Asset Management LLC

Bayview Asset Management LLC purchased a new stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 90,000 shares of the real estate investment trust's stock, valued at approximately $829,000. AGNC Investment comprises approximately 0.7% of Bayview Asset Management LLC's holdings, making the stock its 12th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Barclays PLC increased its position in AGNC Investment by 4.8% during the 3rd quarter. Barclays PLC now owns 1,552,969 shares of the real estate investment trust's stock valued at $16,242,000 after purchasing an additional 71,330 shares during the period. Tidal Investments LLC boosted its stake in shares of AGNC Investment by 3.3% in the 3rd quarter. Tidal Investments LLC now owns 96,081 shares of the real estate investment trust's stock valued at $1,005,000 after purchasing an additional 3,075 shares during the last quarter. Peapack Gladstone Financial Corp bought a new position in AGNC Investment during the third quarter worth $142,000. Franklin Resources Inc. lifted its holdings in AGNC Investment by 35.8% in the third quarter. Franklin Resources Inc. now owns 584,370 shares of the real estate investment trust's stock valued at $6,060,000 after buying an additional 154,029 shares during the period. Finally, Confluence Investment Management LLC acquired a new stake in AGNC Investment during the 4th quarter worth about $386,000. Institutional investors and hedge funds own 38.28% of the company's stock.

Insider Activity

In other AGNC Investment news, CEO Peter J. Federico sold 48,333 shares of the firm's stock in a transaction on Friday, April 25th. The shares were sold at an average price of $8.70, for a total value of $420,497.10. Following the completion of the transaction, the chief executive officer now directly owns 1,691,421 shares of the company's stock, valued at $14,715,362.70. This trade represents a 2.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the sale, the director now directly owns 75,919 shares of the company's stock, valued at $766,781.90. This represents a 6.18 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 127,166 shares of company stock valued at $1,129,259 in the last three months. Company insiders own 0.42% of the company's stock.

AGNC Investment Stock Down 1.1 %

Shares of AGNC Investment stock traded down $0.10 on Tuesday, hitting $8.67. The company had a trading volume of 26,654,987 shares, compared to its average volume of 19,605,665. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.85. 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 stock has a 50 day moving average of $9.36 and a 200-day moving average of $9.59. The stock has a market capitalization of $7.93 billion, a price-to-earnings ratio of 8.93 and a beta of 1.30.

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

AGNC Investment Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Keefe, Bruyette & Woods cut their target price on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research report on Wednesday, January 29th. StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. cut their target price 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. Royal Bank of Canada decreased their price target 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. Finally, Jones Trading cut their price objective on shares of AGNC Investment from $10.25 to $9.50 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $9.96.

About AGNC Investment

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).