Swiss National Bank Acquires 177,000 Shares of AGNC Investment Corp. $AGNC

Swiss National Bank raised its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 11.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,715,900 shares of the real estate investment trust's stock after buying an additional 177,000 shares during the quarter. Swiss National Bank owned 0.17% of AGNC Investment worth $16,438,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of AGNC Investment by 3.0% in the first quarter. Vanguard Group Inc. now owns 85,779,209 shares of the real estate investment trust's stock worth $821,765,000 after buying an additional 2,462,337 shares during the period. Vaughan Nelson Investment Management L.P. boosted its position in shares of AGNC Investment by 18.0% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 16,996,741 shares of the real estate investment trust's stock worth $162,828,000 after buying an additional 2,589,020 shares during the period. Equity Investment Corp boosted its position in shares of AGNC Investment by 8.2% in the first quarter. Equity Investment Corp now owns 7,395,081 shares of the real estate investment trust's stock worth $70,845,000 after buying an additional 562,700 shares during the period. Northern Trust Corp boosted its position in shares of AGNC Investment by 24.9% in the fourth quarter. Northern Trust Corp now owns 6,378,470 shares of the real estate investment trust's stock worth $58,746,000 after buying an additional 1,273,565 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of AGNC Investment in the fourth quarter worth $39,840,000. Institutional investors and hedge funds own 38.28% of the company's stock.

AGNC Investment Stock Up 0.3%

NASDAQ:AGNC traded up $0.03 during mid-day trading on Monday, reaching $9.66. The stock had a trading volume of 5,702,200 shares, compared to its average volume of 25,463,098. AGNC Investment Corp. has a fifty-two week low of $7.85 and a fifty-two week high of $10.85. The business's 50 day moving average is $9.40 and its 200 day moving average is $9.43. The stock has a market cap of $10.06 billion, a P/E ratio of 28.40 and a beta of 1.28. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.33 and a quick ratio of 0.33.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $0.38 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by ($0.04). AGNC Investment had a return on equity of 19.32% and a net margin of 11.50%. The company had revenue of $830.00 million during the quarter, compared to analyst estimates of $447.37 million. During the same period in the prior year, the firm earned $0.53 EPS. As a group, sell-side analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Friday, August 29th will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a c) dividend on an annualized basis and a dividend yield of 14.9%. AGNC Investment's payout ratio is currently 423.53%.

Wall Street Analyst Weigh In

Several analysts have recently commented on AGNC shares. Jones Trading reaffirmed a "buy" rating and issued a $9.50 target price on shares of AGNC Investment in a research report on Tuesday, July 22nd. Argus reaffirmed a "hold" rating on shares of AGNC Investment in a research report on Tuesday, April 29th. UBS Group lifted their price objective on AGNC Investment from $8.50 to $9.50 and gave the company a "neutral" rating in a research report on Thursday, July 10th. Wall Street Zen cut AGNC Investment from a "hold" rating to a "sell" rating in a research report on Tuesday, May 6th. Finally, Wells Fargo & Company reduced their price objective on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $9.58.

Insider Transactions at AGNC Investment

In other AGNC Investment news, Director John D. Fisk sold 20,278 shares of the business's stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $9.65, for a total value of $195,682.70. Following the completion of the sale, the director owned 112,685 shares of the company's stock, valued at $1,087,410.25. The trade was a 15.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Paul E. Mullings sold 11,000 shares of the business's stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $9.61, for a total value of $105,710.00. Following the completion of the sale, the director directly owned 128,511 shares of the company's stock, valued at $1,234,990.71. This represents a 7.88% decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by insiders.

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).