Ameritas Advisory Services LLC Takes $280,000 Position in AGNC Investment Corp. $AGNC

Ameritas Advisory Services LLC acquired a new stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 30,512 shares of the real estate investment trust's stock, valued at approximately $280,000.

A number of other institutional investors also recently modified their holdings of AGNC. N.E.W. Advisory Services LLC bought a new stake in shares of AGNC Investment in the 1st quarter valued at $28,000. Larson Financial Group LLC boosted its stake in shares of AGNC Investment by 326.3% in the 1st quarter. Larson Financial Group LLC now owns 3,291 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 2,519 shares during the last quarter. Trust Co. of Vermont boosted its stake in shares of AGNC Investment by 1,003.0% in the 2nd quarter. Trust Co. of Vermont now owns 3,629 shares of the real estate investment trust's stock valued at $33,000 after purchasing an additional 3,300 shares during the last quarter. AlphaQuest LLC bought a new stake in shares of AGNC Investment in the 1st quarter valued at $34,000. Finally, VSM Wealth Advisory LLC bought a new position in AGNC Investment during the first quarter worth $35,000. 38.28% of the stock is owned by institutional investors.

Insider Transactions at AGNC Investment

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

AGNC Investment Stock Up 1.1%

AGNC opened at $9.99 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.33 and a quick ratio of 0.33. The company's 50-day moving average is $9.83 and its 200 day moving average is $9.35. AGNC Investment Corp. has a fifty-two week low of $7.85 and a fifty-two week high of $10.63. The firm has a market capitalization of $10.41 billion, a P/E ratio of 29.38 and a beta of 1.32.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released 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 net margin of 11.50% and a return on equity of 19.32%. The firm had revenue of $830.00 million for the quarter, compared to the consensus estimate of $447.37 million. During the same period in the previous year, the business earned $0.53 earnings per share. Research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently declared a sep 25 dividend, which will be paid on Thursday, October 9th. Investors of record on Tuesday, September 30th will be given a dividend of $0.12 per share. This represents a dividend yield of 1,471.0%. The ex-dividend date of this dividend is Tuesday, September 30th. AGNC Investment's dividend payout ratio (DPR) is presently 423.53%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. UBS Group raised their price target on shares of AGNC Investment from $9.50 to $9.75 and gave the stock a "neutral" rating in a report on Wednesday, September 3rd. Weiss Ratings restated a "hold (c-)" rating on shares of AGNC Investment in a report on Saturday, September 27th. Keefe, Bruyette & Woods raised their price target on shares of AGNC Investment from $9.50 to $10.00 and gave the stock an "outperform" rating in a report on Thursday, July 10th. Finally, Jones Trading restated a "buy" rating and issued a $9.50 price target on shares of AGNC Investment in a report on Tuesday, July 22nd. Five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $9.63.

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).

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