U.S. Capital Wealth Advisors LLC lifted its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 24.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 142,229 shares of the real estate investment trust's stock after purchasing an additional 27,540 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in AGNC Investment were worth $1,363,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in the company. TD Private Client Wealth LLC increased its stake in shares of AGNC Investment by 42.2% in the first quarter. TD Private Client Wealth LLC now owns 14,683 shares of the real estate investment trust's stock worth $141,000 after purchasing an additional 4,361 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in AGNC Investment by 8.4% during the first quarter. Envestnet Asset Management Inc. now owns 1,565,671 shares of the real estate investment trust's stock valued at $14,999,000 after acquiring an additional 121,592 shares in the last quarter. Penserra Capital Management LLC grew its stake in AGNC Investment by 14.4% during the first quarter. Penserra Capital Management LLC now owns 170,862 shares of the real estate investment trust's stock valued at $1,636,000 after acquiring an additional 21,563 shares in the last quarter. Bank of New York Mellon Corp grew its stake in AGNC Investment by 6.0% during the first quarter. Bank of New York Mellon Corp now owns 2,979,319 shares of the real estate investment trust's stock valued at $28,542,000 after acquiring an additional 167,805 shares in the last quarter. Finally, Teacher Retirement System of Texas purchased a new position in AGNC Investment during the first quarter valued at approximately $1,240,000. 38.28% of the stock is owned by institutional investors.
AGNC Investment Trading Down 0.5%
NASDAQ AGNC traded down $0.05 on Friday, hitting $9.40. 15,623,519 shares of the stock were exchanged, compared to its average volume of 22,218,955. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.28 and a current ratio of 0.28. The stock has a fifty day moving average price of $9.14 and a two-hundred day moving average price of $9.43. The firm has a market capitalization of $9.59 billion, a P/E ratio of 23.50 and a beta of 1.28. AGNC Investment Corp. has a 52-week low of $7.85 and a 52-week high of $10.85.
AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its 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. AGNC Investment had a return on equity of 20.36% and a net margin of 14.91%. The business had revenue of $846.00 million during the quarter, compared to the consensus estimate of $436.71 million. During the same period last year, the company earned $0.58 earnings per share. Research analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.
AGNC Investment Announces Dividend
The firm also recently announced a jul 25 dividend, which will be paid on Monday, August 11th. Stockholders of record on Thursday, July 31st will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, July 31st. This represents a dividend yield of 15.2%. AGNC Investment's dividend payout ratio (DPR) is 360.00%.
Wall Street Analyst Weigh In
Several equities analysts recently commented on the stock. Keefe, Bruyette & Woods boosted their price objective on shares of AGNC Investment from $9.50 to $10.00 and gave the company an "outperform" rating in a research note on Thursday. Argus reiterated a "hold" rating on shares of AGNC Investment in a research report on Tuesday, April 29th. Royal Bank Of Canada dropped their target price on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a research report on Tuesday, April 29th. Jones Trading dropped their target price on shares of AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Finally, Wells Fargo & Company lowered their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $9.79.
Get Our Latest Report on AGNC Investment
Insiders Place Their Bets
In related news, Director Donna Blank sold 17,218 shares of AGNC Investment stock in a transaction dated Tuesday, May 6th. The stock was sold at an average price of $8.67, for a total value of $149,280.06. Following the completion of the sale, the director directly owned 90,345 shares in the company, valued at $783,291.15. The trade was a 16.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Peter J. Federico sold 48,333 shares of AGNC Investment stock in a transaction dated Monday, April 28th. The shares were sold at an average price of $8.88, for a total value of $429,197.04. Following the completion of the sale, the chief executive officer owned 1,643,088 shares of the company's stock, 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 have sold a total of 139,384 shares of company stock valued at $1,228,039 in the last three months. 0.42% of the stock is owned by company insiders.
AGNC Investment Company Profile
(
Free Report)
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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