AGNC Investment Corp. (NASDAQ:AGNC) Shares Purchased by AlphaCore Capital LLC

AlphaCore Capital LLC grew its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 176.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 69,946 shares of the real estate investment trust's stock after acquiring an additional 44,624 shares during the period. AlphaCore Capital LLC's holdings in AGNC Investment were worth $653,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Barclays PLC lifted its holdings in shares of 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 worth $16,242,000 after acquiring an additional 71,330 shares during the period. Charles Schwab Investment Management Inc. raised its stake in AGNC Investment by 8.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust's stock worth $67,690,000 after purchasing an additional 581,352 shares during the period. Farringdon Capital Ltd. purchased a new position in AGNC Investment during the fourth quarter worth approximately $639,000. Yousif Capital Management LLC boosted its holdings in shares of AGNC Investment by 4.8% in the 4th quarter. Yousif Capital Management LLC now owns 33,854 shares of the real estate investment trust's stock valued at $312,000 after purchasing an additional 1,551 shares during the last quarter. Finally, Fortitude Advisory Group L.L.C. grew its stake in shares of AGNC Investment by 87.6% during the 4th quarter. Fortitude Advisory Group L.L.C. now owns 98,144 shares of the real estate investment trust's stock valued at $904,000 after buying an additional 45,815 shares during the period. Hedge funds and other institutional investors own 38.28% of the company's stock.

AGNC Investment Stock Up 1.2%

Shares of NASDAQ AGNC traded up $0.11 during trading on Wednesday, reaching $9.09. 17,787,176 shares of the stock were exchanged, compared to its average volume of 20,719,421. The company has a market capitalization of $9.27 billion, a price-to-earnings ratio of 9.38 and a beta of 1.30. The business's 50-day moving average price is $8.94 and its 200 day moving average price is $9.51. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a twelve month low of $7.85 and a twelve month 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 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. The firm had revenue of $846.00 million for the quarter, compared to analyst estimates of $436.71 million. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. During the same quarter in the previous year, the business posted $0.58 EPS. As a group, equities analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

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

Insiders Place Their Bets

In related news, CEO Peter J. Federico sold 48,333 shares of AGNC Investment 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 sale, the chief executive officer now owns 1,691,421 shares in the company, valued at approximately $14,715,362.70. The trade was a 2.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kenneth L. Pollack sold 17,500 shares of the stock in a transaction on Tuesday, April 29th. The shares were sold at an average price of $9.03, for a total transaction of $158,025.00. Following the transaction, the executive vice president now owns 447,841 shares in the company, valued at $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 three months. 0.42% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Wall Street Zen lowered AGNC Investment from a "hold" rating to a "sell" rating in a research report on Tuesday, May 6th. Keefe, Bruyette & Woods reduced their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research note on Wednesday, January 29th. Royal Bank of Canada decreased their target price on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a report on Tuesday, April 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 report on Wednesday, April 16th. Finally, Wells Fargo & Company decreased their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $9.96.

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).