LaSalle St. Investment Advisors LLC Invests $270,000 in AGNC Investment Corp. (NASDAQ:AGNC)

Key Points

• LaSalle St. Investment Advisors LLC purchased 28,214 shares of AGNC Investment Corp., valued at approximately $270,000, in the first quarter of the year.
• AGNC Investment recently announced a monthly dividend of $0.12 per share, translating to an annual yield of 15.2%, with a dividend payout ratio (DPR) of 423.53%.
• The company's stock has a market cap of $9.84 billion, a PE ratio of 27.79, and a one-year high of $10.85, with current trading around $9.45.

LaSalle St. Investment Advisors LLC purchased a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 28,214 shares of the real estate investment trust's stock, valued at approximately $270,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Fourth Dimension Wealth LLC bought a new stake in shares of AGNC Investment in the 4th quarter worth $26,000. N.E.W. Advisory Services LLC acquired a new stake in shares of AGNC Investment during the first quarter worth $28,000. National Bank of Canada FI raised its position in shares of AGNC Investment by 112.7% during the fourth quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock worth $32,000 after purchasing an additional 1,832 shares during the period. Larson Financial Group LLC lifted its stake in AGNC Investment by 326.3% during the first quarter. Larson Financial Group LLC now owns 3,291 shares of the real estate investment trust's stock valued at $32,000 after buying an additional 2,519 shares in the last quarter. Finally, VSM Wealth Advisory LLC acquired a new position in shares of AGNC Investment in the first quarter worth about $35,000. Institutional investors and hedge funds own 38.28% of the company's stock.

Insider Buying and Selling at AGNC Investment

In related news, Director John D. Fisk sold 20,278 shares of the company's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $9.65, for a total transaction of $195,682.70. Following the transaction, the director owned 112,685 shares in the company, valued at $1,087,410.25. This represents a 15.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul E. Mullings sold 11,000 shares of the company's stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $9.61, for a total transaction of $105,710.00. Following the transaction, the director owned 128,511 shares in the company, valued at approximately $1,234,990.71. This trade represents a 7.88% decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by insiders.

AGNC Investment Stock Performance

AGNC stock traded up $0.07 on Wednesday, reaching $9.53. 9,862,396 shares of the company were exchanged, compared to its average volume of 25,731,951. AGNC Investment Corp. has a 12 month low of $7.85 and a 12 month high of $10.85. The stock's fifty day moving average price is $9.37 and its 200 day moving average price is $9.44. The firm has a market capitalization of $9.92 billion, a PE ratio of 28.02 and a beta of 1.28. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.33 and a quick ratio of 0.33.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.04). The business had revenue of $830.00 million during the quarter, compared to the consensus estimate of $447.37 million. AGNC Investment had a net margin of 11.50% and a return on equity of 19.32%. During the same period last year, the firm earned $0.53 EPS. On average, research analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 29th will be paid a $0.12 dividend. This represents a c) annualized dividend and a dividend yield of 15.1%. The ex-dividend date is Friday, August 29th. AGNC Investment's payout ratio is currently 423.53%.

Wall Street Analyst Weigh In

AGNC has been the topic of a number of recent analyst reports. Argus restated a "hold" rating on shares of AGNC Investment in a report on Tuesday, April 29th. Royal Bank Of Canada dropped their price target on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 29th. UBS Group upped their target price on AGNC Investment from $8.50 to $9.50 and gave the company a "neutral" rating in a report on Thursday, July 10th. Keefe, Bruyette & Woods increased their price target on shares of AGNC Investment from $9.50 to $10.00 and gave the stock an "outperform" rating in a research report on Thursday, July 10th. Finally, Wall Street Zen cut shares of AGNC Investment from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $9.58.

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).