AGNC Investment Corp. $AGNC Shares Purchased by Amundi

Key Points

• Amundi increased its stake in AGNC Investment Corp. by 3.2%, acquiring 32,040 shares to bring its total holdings to 1,045,642 shares, valued at approximately $9,766,000.
• AGNC Investment recently reported earnings of $0.38 EPS for the quarter, missing estimates, with a significant net revenue of $830 million.
• The company announced a monthly dividend of $0.12, resulting in a 13.9% annualized dividend yield, with a payout ratio currently at 423.53%.

Amundi boosted its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 3.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,045,642 shares of the real estate investment trust's stock after buying an additional 32,040 shares during the period. Amundi owned 0.10% of AGNC Investment worth $9,766,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its stake in AGNC Investment by 96.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 110,113 shares of the real estate investment trust's stock worth $1,014,000 after buying an additional 54,049 shares during the last quarter. KBC Group NV boosted its stake in AGNC Investment by 10.2% during the first quarter. KBC Group NV now owns 33,398 shares of the real estate investment trust's stock worth $320,000 after buying an additional 3,081 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its stake in AGNC Investment by 14.1% during the first quarter. Wealthcare Advisory Partners LLC now owns 19,991 shares of the real estate investment trust's stock worth $192,000 after buying an additional 2,465 shares during the last quarter. Teacher Retirement System of Texas acquired a new position in shares of AGNC Investment in the 1st quarter valued at $1,240,000. Finally, Deutsche Bank AG lifted its stake in shares of AGNC Investment by 11.8% in the 4th quarter. Deutsche Bank AG now owns 38,125 shares of the real estate investment trust's stock valued at $351,000 after purchasing an additional 4,019 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

Insider Activity

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

Wall Street Analyst Weigh In

Several equities analysts have recently commented on AGNC shares. Jones Trading reaffirmed a "buy" rating and issued a $9.50 price target on shares of AGNC Investment in a research note on Tuesday, July 22nd. UBS Group upped their price target on AGNC Investment from $9.50 to $9.75 and gave the company a "neutral" rating in a research note on Wednesday, September 3rd. Finally, Keefe, Bruyette & Woods upped their price target on AGNC Investment from $9.50 to $10.00 and gave the company an "outperform" rating in a research note on Thursday, July 10th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, AGNC Investment has a consensus rating of "Moderate Buy" and a consensus target price of $9.63.

AGNC Investment Trading Down 0.5%

Shares of AGNC stock traded down $0.05 on Friday, hitting $10.18. The stock had a trading volume of 14,390,725 shares, compared to its average volume of 18,598,004. 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 firm has a market capitalization of $10.60 billion, a P/E ratio of 29.94 and a beta of 1.30. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.85. The company's 50 day moving average price is $9.66 and its 200-day moving average price is $9.39.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings data on Monday, July 21st. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.04). The firm had revenue of $830.00 million during the quarter, compared to analysts' expectations of $447.37 million. AGNC Investment had a net margin of 11.50% and a return on equity of 19.32%. During the same quarter in the prior year, the firm posted $0.53 EPS. Analysts anticipate 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 sep 25 dividend, which will be paid on Thursday, October 9th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.12 per share. The ex-dividend date is Tuesday, September 30th. This represents a yield of 1,408.0%. AGNC Investment's dividend payout ratio is 423.53%.

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).