Allspring Global Investments Holdings LLC Has $81.16 Million Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Allspring Global Investments Holdings LLC lowered its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 1.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,551,876 shares of the real estate investment trust's stock after selling 111,078 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.93% of AGNC Investment worth $81,157,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in AGNC. Fourth Dimension Wealth LLC acquired a new position in shares of AGNC Investment during the fourth quarter valued at approximately $26,000. National Bank of Canada FI grew its position in AGNC Investment by 112.7% during the 4th quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock worth $32,000 after purchasing an additional 1,832 shares during the last quarter. CoreCap Advisors LLC raised its holdings in 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 worth $44,000 after purchasing an additional 1,229 shares in the last quarter. Strategic Investment Solutions Inc. IL grew its holdings in shares of AGNC Investment by 150.0% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 5,000 shares of the real estate investment trust's stock worth $46,000 after acquiring an additional 3,000 shares during the period. Finally, Front Row Advisors LLC lifted its position in shares of AGNC Investment by 75.0% in the fourth quarter. Front Row Advisors LLC now owns 7,000 shares of the real estate investment trust's stock valued at $65,000 after acquiring an additional 3,000 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Wall Street Zen cut AGNC Investment from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. Argus reissued a "hold" rating on shares of AGNC Investment in a research report on Tuesday, April 29th. JPMorgan Chase & Co. dropped their price target on shares of AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Keefe, Bruyette & Woods cut their price target on AGNC Investment from $10.25 to $9.50 and set an "outperform" rating for the company in a report on Tuesday, June 3rd. Finally, Jones Trading decreased their price target 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. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $9.75.

Insiders Place Their Bets

In other news, Director Donna Blank sold 17,218 shares of AGNC Investment stock in a transaction on 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 owned 90,345 shares of the company's stock, valued at $783,291.15. The trade was a 16.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Peter J. Federico sold 48,333 shares of AGNC Investment 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 sale, the chief executive officer owned 1,643,088 shares in the company, valued at $14,590,621.44. This represents a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 139,384 shares of company stock valued at $1,228,039 over the last ninety days. 0.42% of the stock is owned by corporate insiders.

AGNC Investment Price Performance

NASDAQ:AGNC traded up $0.09 during trading hours on Wednesday, hitting $9.43. The stock had a trading volume of 17,213,795 shares, compared to its average volume of 21,994,623. The firm has a market capitalization of $9.62 billion, a price-to-earnings ratio of 23.56 and a beta of 1.28. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.28 and a quick ratio of 0.28. AGNC Investment Corp. has a one year low of $7.85 and a one year high of $10.85. The company has a 50 day simple moving average of $9.05 and a two-hundred day simple moving average of $9.43.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly 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. AGNC Investment had a net margin of 14.91% and a return on equity of 20.36%. The firm had revenue of $846.00 million during the quarter, compared to analyst estimates of $436.71 million. During the same period in the previous year, the business posted $0.58 earnings per share. Research analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently disclosed a jun 25 dividend, which will be paid on Thursday, July 10th. Stockholders of record on Monday, June 30th will be issued a $0.12 dividend. The ex-dividend date is Monday, June 30th. This represents a dividend yield of 15.5%. AGNC Investment's dividend payout ratio (DPR) is presently 360.00%.

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).