AGNC Investment Corp. (NASDAQ:AGNC) Shares Acquired by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC increased its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 35.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 150,092 shares of the real estate investment trust's stock after acquiring an additional 38,995 shares during the quarter. HBK Sorce Advisory LLC's holdings in AGNC Investment were worth $1,438,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of AGNC. Hsbc Holdings PLC raised its position in AGNC Investment by 5.6% in the fourth quarter. Hsbc Holdings PLC now owns 18,259 shares of the real estate investment trust's stock valued at $168,000 after purchasing an additional 970 shares during the period. CIBC Asset Management Inc raised its holdings in AGNC Investment by 5.3% in the 4th quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust's stock valued at $197,000 after buying an additional 1,075 shares during the period. CoreCap Advisors LLC raised its holdings in AGNC Investment by 34.8% in the 4th 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. Advisory Services Network LLC lifted its position in AGNC Investment by 2.9% in the fourth quarter. Advisory Services Network LLC now owns 46,399 shares of the real estate investment trust's stock valued at $427,000 after buying an additional 1,303 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its stake in AGNC Investment by 10.5% during the fourth quarter. MetLife Investment Management LLC now owns 14,292 shares of the real estate investment trust's stock worth $132,000 after buying an additional 1,359 shares during the period. Institutional investors and hedge funds own 38.28% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on AGNC shares. Wall Street Zen downgraded shares of AGNC Investment from a "hold" rating to a "sell" rating in a research note on Tuesday, May 6th. Jones Trading cut their target price on AGNC Investment from $10.25 to $9.50 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Argus restated a "hold" rating on shares of AGNC Investment in a research report on Tuesday, April 29th. Royal Bank Of Canada dropped their price objective on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a research note on Tuesday, April 29th. Finally, Keefe, Bruyette & Woods decreased their target price on AGNC Investment from $10.25 to $9.50 and set an "outperform" rating on the stock in a research note on Tuesday, June 3rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, AGNC Investment currently has a consensus rating of "Moderate Buy" and a consensus target price of $9.75.

Insider Activity at AGNC Investment

In related news, EVP Kenneth L. Pollack sold 17,500 shares of the stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $9.03, for a total value of $158,025.00. Following the transaction, the executive vice president now owns 447,841 shares of the company's stock, valued at $4,044,004.23. This represents a 3.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Peter J. Federico sold 48,333 shares of AGNC Investment stock in a transaction dated Monday, April 28th. The stock was sold at an average price of $8.88, for a total value of $429,197.04. Following the sale, the chief executive officer now directly owns 1,643,088 shares of the company's stock, valued at $14,590,621.44. This trade represents a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 139,384 shares of company stock valued at $1,228,039 over the last 90 days. 0.42% of the stock is owned by corporate insiders.

AGNC Investment Stock Down 0.9%

Shares of NASDAQ AGNC opened at $9.23 on Thursday. The stock has a market cap of $9.42 billion, a P/E ratio of 23.08 and a beta of 1.29. The business's fifty day simple moving average is $8.97 and its 200-day simple moving average is $9.44. AGNC Investment Corp. has a 12-month low of $7.85 and a 12-month high of $10.85. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, topping the consensus estimate 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 20.36% and a net margin of 14.91%. During the same quarter in the prior year, the business earned $0.58 EPS. As a group, equities analysts predict that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently announced a jun 25 dividend, which will be paid on Thursday, July 10th. Investors of record on Monday, June 30th will be paid a dividend of $0.12 per share. The ex-dividend date is Monday, June 30th. This represents a dividend yield of 15.5%. AGNC Investment's payout ratio is 360.00%.

About AGNC Investment

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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