Prevail Innovative Wealth Advisors LLC Has $2.66 Million Position in AGNC Investment Corp. (NASDAQ:AGNC)

Prevail Innovative Wealth Advisors LLC grew its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 42.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 277,103 shares of the real estate investment trust's stock after buying an additional 83,176 shares during the period. Prevail Innovative Wealth Advisors LLC's holdings in AGNC Investment were worth $2,655,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AGNC. Jones Financial Companies Lllp lifted its holdings in shares of AGNC Investment by 31.0% during the 4th quarter. Jones Financial Companies Lllp now owns 9,823 shares of the real estate investment trust's stock valued at $90,000 after purchasing an additional 2,326 shares in the last quarter. Proficio Capital Partners LLC bought a new position in shares of AGNC Investment during the 4th quarter valued at about $222,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of AGNC Investment by 27.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 195,018 shares of the real estate investment trust's stock valued at $1,796,000 after purchasing an additional 42,559 shares in the last quarter. Independent Advisor Alliance lifted its holdings in shares of AGNC Investment by 94.5% during the 4th quarter. Independent Advisor Alliance now owns 25,530 shares of the real estate investment trust's stock valued at $235,000 after purchasing an additional 12,404 shares in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of AGNC Investment by 9.1% during the 4th quarter. HighTower Advisors LLC now owns 102,955 shares of the real estate investment trust's stock valued at $948,000 after purchasing an additional 8,597 shares in the last quarter. Institutional investors own 38.28% of the company's stock.

AGNC Investment Stock Up 0.8%

Shares of NASDAQ:AGNC traded up $0.07 during trading on Wednesday, hitting $9.27. 19,893,491 shares of the company were exchanged, compared to its average volume of 22,190,978. The stock has a market cap of $9.46 billion, a price-to-earnings ratio of 23.18 and a beta of 1.28. AGNC Investment Corp. has a fifty-two week low of $7.85 and a fifty-two week high of $10.85. The firm has a fifty day moving average price of $9.17 and a two-hundred day moving average price of $9.43. 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 posted 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 firm had revenue of $846.00 million for the quarter, compared to analyst estimates 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 previous year, the firm earned $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 Announces Dividend

The business also recently declared a jul 25 dividend, which will be paid on Monday, August 11th. Shareholders of record on Thursday, July 31st will be given a dividend of $0.12 per share. This represents a dividend yield of 15.2%. The ex-dividend date of this dividend is Thursday, July 31st. AGNC Investment's dividend payout ratio (DPR) is 360.00%.

Analyst Ratings Changes

AGNC has been the topic of several recent analyst reports. UBS Group lifted their price objective on AGNC Investment from $8.50 to $9.50 and gave the company a "neutral" rating in a report on Thursday, July 10th. Jones Trading cut their price objective on AGNC Investment from $10.25 to $9.50 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. JPMorgan Chase & Co. cut their target price on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Wall Street Zen cut AGNC Investment from a "hold" rating to a "sell" rating in a research note on Tuesday, May 6th. Finally, Keefe, Bruyette & Woods boosted their target price on AGNC Investment from $9.50 to $10.00 and gave the company an "outperform" rating in a research note on Thursday, July 10th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $9.79.

Insider Buying and Selling

In related news, Director Donna Blank sold 17,218 shares of the business's stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $8.67, for a total transaction of $149,280.06. Following the transaction, the director directly owned 90,345 shares of the company's stock, valued at approximately $783,291.15. The trade was a 16.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Peter J. Federico sold 48,333 shares of the business's stock in a transaction that occurred on Monday, April 28th. The stock was sold at an average price of $8.88, for a total value of $429,197.04. Following the transaction, the chief executive officer directly owned 1,643,088 shares in the company, valued at $14,590,621.44. The trade was a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 139,384 shares of company stock worth $1,228,039 over the last 90 days. Company insiders own 0.42% of the company's stock.

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).