MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Acquires 115,754 Shares of AGNC Investment Corp. $AGNC

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 6.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,933,138 shares of the real estate investment trust's stock after purchasing an additional 115,754 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.19% of AGNC Investment worth $18,519,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in AGNC. Nuveen LLC purchased a new position in shares of AGNC Investment during the first quarter valued at approximately $30,546,000. Vaughan Nelson Investment Management L.P. increased its holdings in AGNC Investment by 18.0% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 16,996,741 shares of the real estate investment trust's stock valued at $162,828,000 after buying an additional 2,589,020 shares during the last quarter. Vanguard Group Inc. increased its holdings in AGNC Investment by 3.0% during the first quarter. Vanguard Group Inc. now owns 85,779,209 shares of the real estate investment trust's stock valued at $821,765,000 after buying an additional 2,462,337 shares during the last quarter. Citigroup Inc. increased its holdings in AGNC Investment by 496.7% during the first quarter. Citigroup Inc. now owns 1,487,202 shares of the real estate investment trust's stock valued at $14,247,000 after buying an additional 1,862,128 shares during the last quarter. Finally, Natixis Advisors LLC increased its holdings in AGNC Investment by 21.1% during the first quarter. Natixis Advisors LLC now owns 4,318,354 shares of the real estate investment trust's stock valued at $41,370,000 after buying an additional 752,201 shares during the last quarter. 38.28% of the stock is owned by hedge funds and other institutional investors.

AGNC Investment Price Performance

Shares of NASDAQ AGNC traded down $0.05 during midday trading on Friday, reaching $10.18. The stock had a trading volume of 14,390,725 shares, compared to its average volume of 18,598,004. The stock has a 50-day moving average of $9.66 and a 200-day moving average of $9.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.33 and a current ratio of 0.33. The company has a market capitalization of $10.60 billion, a price-to-earnings ratio of 29.94 and a beta of 1.30. AGNC Investment Corp. has a 12-month low of $7.85 and a 12-month high of $10.85.

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

AGNC Investment Dividend Announcement

The business also recently announced a sep 25 dividend, which will be paid on Thursday, October 9th. Investors of record on Tuesday, September 30th will be given a dividend of $0.12 per share. The ex-dividend date is Tuesday, September 30th. This represents a dividend yield of 1,408.0%. AGNC Investment's dividend payout ratio is currently 423.53%.

Insiders Place Their Bets

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

Analysts Set New Price Targets

A number of analysts have commented on AGNC shares. Jones Trading reaffirmed a "buy" rating and set a $9.50 target price on shares of AGNC Investment in a report on Tuesday, July 22nd. UBS Group upped their target price on shares of AGNC Investment from $9.50 to $9.75 and gave the company a "neutral" rating in a report on Wednesday, September 3rd. Finally, Keefe, Bruyette & Woods upped their target price on shares of AGNC Investment from $9.50 to $10.00 and gave the company an "outperform" rating in a report on Thursday, July 10th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $9.63.

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).