Campbell & CO Investment Adviser LLC Buys Shares of 220,620 AGNC Investment Corp. $AGNC

Key Points

• Campbell & CO Investment Adviser LLC has acquired a new stake in AGNC Investment Corp., purchasing 220,620 shares valued at approximately $2,114,000.
• AGNC recently declared a monthly dividend of $0.12 per share, reflecting a substantial annualized yield of 14.6%, although it has a high payout ratio of 423.53%.
• AGNC reported earnings of $0.38 per share for the last quarter, missing analyst expectations of $0.42, with revenue significantly exceeding predictions at $830 million.

Campbell & CO Investment Adviser LLC bought a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 220,620 shares of the real estate investment trust's stock, valued at approximately $2,114,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Hsbc Holdings PLC raised its stake in shares of AGNC Investment by 5.6% in the 4th quarter. Hsbc Holdings PLC now owns 18,259 shares of the real estate investment trust's stock worth $168,000 after buying an additional 970 shares in the last quarter. Kovack Advisors Inc. raised its stake 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 worth $2,130,000 after buying an additional 1,186 shares in the last quarter. CoreCap Advisors LLC raised its stake in shares of AGNC Investment by 34.8% in the 4th quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust's stock worth $44,000 after buying an additional 1,229 shares in the last quarter. IFP Advisors Inc raised its stake 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 worth $62,000 after buying an additional 1,261 shares in the last quarter. Finally, HB Wealth Management LLC raised its stake 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 worth $147,000 after buying an additional 1,296 shares in the last quarter. Institutional investors own 38.28% of the company's stock.

AGNC Investment Stock Performance

Shares of AGNC stock opened at $9.88 on Monday. AGNC Investment Corp. has a 1-year low of $7.85 and a 1-year high of $10.85. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $10.29 billion, a price-to-earnings ratio of 29.06 and a beta of 1.28. The stock's fifty day simple moving average is $9.44 and its 200-day simple moving average is $9.42.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued 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 business had revenue of $830.00 million for the quarter, compared to analysts' expectations of $447.37 million. During the same quarter in the prior year, the firm posted $0.53 EPS. On average, sell-side analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, August 29th. This represents a c) dividend on an annualized basis and a dividend yield of 14.6%. AGNC Investment's payout ratio is currently 423.53%.

Insiders Place Their Bets

In other AGNC Investment news, 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 transaction, the director owned 128,511 shares in the company, valued at $1,234,990.71. The trade was a 7.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John D. Fisk sold 20,278 shares of the business's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $9.65, for a total value of $195,682.70. Following the completion of the transaction, the director owned 112,685 shares in the company, valued at $1,087,410.25. This trade represents a 15.25% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.42% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Royal Bank Of Canada dropped their price objective on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 29th. Argus restated a "hold" rating on shares of AGNC Investment in a report on Tuesday, April 29th. Jones Trading restated a "buy" rating and issued a $9.50 target price on shares of AGNC Investment in a report on Tuesday, July 22nd. Wall Street Zen cut AGNC Investment from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. Finally, UBS Group lifted their target price on AGNC Investment from $8.50 to $9.50 and gave the stock a "neutral" rating in a report on Thursday, July 10th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $9.58.

About AGNC Investment

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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