Crestline Management LP Makes New $2.61 Million Investment in AGNC Investment Corp. (NASDAQ:AGNC)

Crestline Management LP acquired a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 283,252 shares of the real estate investment trust's stock, valued at approximately $2,609,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in AGNC Investment by 4.8% in the 3rd quarter. Barclays PLC now owns 1,552,969 shares of the real estate investment trust's stock worth $16,242,000 after purchasing an additional 71,330 shares during the period. Tidal Investments LLC lifted its position in shares of AGNC Investment by 3.3% in the third quarter. Tidal Investments LLC now owns 96,081 shares of the real estate investment trust's stock worth $1,005,000 after buying an additional 3,075 shares in the last quarter. Franklin Resources Inc. increased its stake in AGNC Investment by 35.8% in the 3rd quarter. Franklin Resources Inc. now owns 584,370 shares of the real estate investment trust's stock worth $6,060,000 after acquiring an additional 154,029 shares during the last quarter. Innova Wealth Partners purchased a new position in shares of AGNC Investment in the fourth quarter valued at $427,000. Finally, Weaver Consulting Group lifted its position in AGNC Investment by 45.0% during the fourth quarter. Weaver Consulting Group now owns 15,218 shares of the real estate investment trust's stock valued at $140,000 after purchasing an additional 4,721 shares during the last quarter. 38.28% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, Director Donna Blank sold 17,218 shares of AGNC Investment stock in a transaction dated Tuesday, May 6th. The stock was sold at an average price of $8.67, for a total value of $149,280.06. Following the completion of the transaction, the director now directly owns 90,345 shares of the company's stock, valued at $783,291.15. The trade was a 16.01 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Bernice Bell sold 8,000 shares of the company's stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $8.88, for a total value of $71,040.00. Following the sale, the executive vice president now owns 374,019 shares in the company, valued at approximately $3,321,288.72. This trade represents a 2.09 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 139,384 shares of company stock valued at $1,228,039. Company insiders own 0.42% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on AGNC shares. JPMorgan Chase & Co. decreased their price objective on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Keefe, Bruyette & Woods cut their price target on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a report on Wednesday, January 29th. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Argus reiterated a "hold" rating on shares of AGNC Investment in a report on Tuesday, April 29th. Finally, Wells Fargo & Company cut their price objective on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $9.96.

AGNC Investment Price Performance

Shares of AGNC opened at $8.72 on Thursday. 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 market capitalization of $7.98 billion, a PE ratio of 8.98 and a beta of 1.30. The company has a 50 day moving average price of $9.30 and a 200-day moving average price of $9.58. AGNC Investment Corp. has a fifty-two week low of $7.85 and a fifty-two week high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $436.71 million. During the same quarter in the previous year, the firm earned $0.58 EPS. Equities analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently announced a may 25 dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 30th will be given a dividend of $0.12 per share. AGNC Investment's dividend payout ratio (DPR) is presently 360.00%.

AGNC Investment Company 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).

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