Dynamic Advisor Solutions LLC Purchases 30,835 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Dynamic Advisor Solutions LLC grew its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 83.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,571 shares of the real estate investment trust's stock after purchasing an additional 30,835 shares during the period. Dynamic Advisor Solutions LLC's holdings in AGNC Investment were worth $647,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of AGNC. Blue Trust Inc. boosted its holdings in shares of AGNC Investment by 304.6% in the 4th quarter. Blue Trust Inc. now owns 15,800 shares of the real estate investment trust's stock worth $146,000 after acquiring an additional 11,895 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of AGNC Investment by 4.8% in the 4th quarter. Rhumbline Advisers now owns 729,565 shares of the real estate investment trust's stock worth $6,719,000 after acquiring an additional 33,700 shares in the last quarter. Principal Securities Inc. boosted its holdings in shares of AGNC Investment by 7.5% in the 4th quarter. Principal Securities Inc. now owns 57,859 shares of the real estate investment trust's stock worth $533,000 after acquiring an additional 4,015 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its holdings in shares of AGNC Investment by 14.5% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 255,789 shares of the real estate investment trust's stock worth $2,356,000 after acquiring an additional 32,481 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its holdings in shares of AGNC Investment by 12.6% in the 4th quarter. Sanctuary Advisors LLC now owns 44,953 shares of the real estate investment trust's stock worth $453,000 after acquiring an additional 5,022 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors.

AGNC Investment Trading Down 0.2%

NASDAQ:AGNC traded down $0.02 during trading hours on Friday, hitting $9.24. 32,314,776 shares of the stock were exchanged, compared to its average volume of 21,710,286. The company's 50 day moving average is $8.92 and its two-hundred day moving average is $9.45. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $9.43 billion, a P/E ratio of 23.10 and a beta of 1.29. AGNC Investment Corp. has a twelve month low of $7.85 and a twelve month high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.03. The company had revenue of $846.00 million for the quarter, compared to the consensus estimate of $436.71 million. AGNC Investment had a return on equity of 20.36% and a net margin of 14.91%. During the same quarter in the prior year, the business posted $0.58 EPS. On average, sell-side analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

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

Insider Activity

In related news, Director Donna Blank sold 17,218 shares of the company's stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $8.67, for a total value of $149,280.06. Following the completion of the sale, the director now owns 90,345 shares in the company, valued at $783,291.15. This represents a 16.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Peter J. Federico sold 48,333 shares of the company's stock in a transaction on Friday, April 25th. The shares were sold at an average price of $8.70, for a total transaction of $420,497.10. Following the completion of the sale, the chief executive officer now owns 1,691,421 shares of the company's stock, valued at approximately $14,715,362.70. This represents a 2.78% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 139,384 shares of company stock valued at $1,228,039 in the last 90 days. 0.42% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on AGNC. Royal Bank Of Canada reduced their target price on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. Wall Street Zen downgraded AGNC Investment from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. Jones Trading reduced their target price on AGNC Investment from $10.25 to $9.50 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Wells Fargo & Company reduced their target price on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Finally, Argus reaffirmed a "hold" rating on shares of AGNC Investment in a report on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, AGNC Investment currently has an average rating of "Moderate Buy" and a consensus price target of $9.75.

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).