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

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

Other institutional investors and hedge funds have also made changes to their positions in the company. Fourth Dimension Wealth LLC acquired a new position in shares of AGNC Investment during the 4th quarter worth $26,000. Financial Life Planners acquired a new stake in shares of AGNC Investment during the fourth quarter valued at $28,000. National Bank of Canada FI boosted its stake 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 valued at $32,000 after acquiring an additional 1,832 shares during the last quarter. Spire Wealth Management lifted its stake in shares of AGNC Investment by 94.5% during the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 1,972 shares during the period. Finally, CoreCap Advisors LLC lifted its stake in shares of AGNC Investment by 34.8% during the fourth quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust's stock valued at $44,000 after buying an additional 1,229 shares during the period. 38.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Royal Bank of Canada reduced their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 29th. Wall Street Zen lowered AGNC Investment from a "hold" rating to a "sell" rating in a research note on Tuesday, May 6th. Keefe, Bruyette & Woods dropped their target price on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a research note on Wednesday, January 29th. Wells Fargo & Company dropped their target price on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Finally, Jones Trading dropped their target price on AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. One research 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. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $9.96.

AGNC Investment Price Performance

Shares of AGNC stock opened at $8.84 on Friday. The firm has a market cap of $9.02 billion, a P/E ratio of 9.11 and a beta of 1.30. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. AGNC Investment Corp. has a 1-year low of $7.85 and a 1-year high of $10.85. The firm has a fifty day moving average of $9.00 and a two-hundred day moving average of $9.52.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its earnings results 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 company had revenue of $846.00 million for the quarter, compared to the consensus estimate of $436.71 million. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. During the same quarter last year, the business posted $0.58 EPS. As a group, research analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

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

Insider Activity

In other news, 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 transaction, the executive vice president now owns 374,019 shares in the company, valued at $3,321,288.72. This represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Peter J. Federico sold 48,333 shares of the business's stock in a transaction on Friday, April 25th. The shares were sold at an average price of $8.70, for a total transaction of $420,497.10. Following the transaction, the chief executive officer now owns 1,691,421 shares in the company, valued at approximately $14,715,362.70. This represents a 2.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 139,384 shares of company stock valued at $1,228,039. 0.42% of the stock is currently owned by company insiders.

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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