Ascent Group LLC Buys Shares of 25,187 AGNC Investment Corp. $AGNC

Ascent Group LLC bought a new stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 25,187 shares of the real estate investment trust's stock, valued at approximately $241,000.

A number of other large investors have also recently modified their holdings of the business. Kovack Advisors Inc. boosted its holdings in shares of AGNC Investment by 0.5% in the 1st quarter. Kovack Advisors Inc. now owns 222,310 shares of the real estate investment trust's stock valued at $2,130,000 after purchasing an additional 1,186 shares in the last quarter. CreativeOne Wealth LLC boosted its holdings in shares of AGNC Investment by 9.7% in the 1st quarter. CreativeOne Wealth LLC now owns 13,986 shares of the real estate investment trust's stock valued at $134,000 after purchasing an additional 1,237 shares in the last quarter. MetLife Investment Management LLC boosted its holdings in shares of AGNC Investment by 8.8% in the 1st quarter. MetLife Investment Management LLC now owns 15,548 shares of the real estate investment trust's stock valued at $149,000 after purchasing an additional 1,256 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of AGNC Investment by 24.2% in the 1st quarter. IFP Advisors Inc now owns 6,479 shares of the real estate investment trust's stock valued at $62,000 after purchasing an additional 1,261 shares in the last quarter. Finally, HB Wealth Management LLC boosted its holdings in shares of AGNC Investment by 9.2% in the 1st quarter. HB Wealth Management LLC now owns 15,316 shares of the real estate investment trust's stock valued at $147,000 after purchasing an additional 1,296 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

Insider Buying and Selling at AGNC Investment

In related news, Director Paul E. Mullings sold 11,000 shares of the firm's stock in a transaction on Friday, July 25th. The stock was sold at an average price of $9.61, for a total transaction of $105,710.00. Following the completion of 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John D. Fisk sold 20,278 shares of the firm's stock in a transaction on Monday, July 28th. The stock was sold at an average price of $9.65, for a total value of $195,682.70. Following the transaction, the director directly owned 112,685 shares of the company's stock, valued at approximately $1,087,410.25. This represents 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 Down 0.5%

Shares of NASDAQ:AGNC opened at $10.18 on Friday. The firm has a market cap of $10.60 billion, a P/E ratio of 29.94 and a beta of 1.30. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 12-month low of $7.85 and a 12-month high of $10.85. The business has a fifty day simple moving average of $9.66 and a 200 day simple moving average of $9.40.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its earnings results 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 company had revenue of $830.00 million for the quarter, compared to the consensus estimate of $447.37 million. AGNC Investment had a return on equity of 19.32% and a net margin of 11.50%.During the same period in the prior year, the business earned $0.53 earnings per share. 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 announced 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 yield of 1,408.0%. The ex-dividend date of this dividend is Tuesday, September 30th. AGNC Investment's dividend payout ratio (DPR) is currently 423.53%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AGNC. Keefe, Bruyette & Woods increased 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. UBS Group increased 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, Jones Trading reiterated a "buy" rating and issued a $9.50 price target on shares of AGNC Investment in a research note on Tuesday, July 22nd. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, AGNC Investment presently has an average rating of "Moderate Buy" and an average 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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