Focus Partners Wealth Takes Position in AGNC Investment Corp. (NASDAQ:AGNC)

Focus Partners Wealth purchased a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 39,765 shares of the real estate investment trust's stock, valued at approximately $367,000.

A number of other large investors have also bought and sold shares of AGNC. Financial Life Planners purchased a new stake in shares of AGNC Investment during the 4th quarter valued at approximately $28,000. National Bank of Canada FI grew its stake in AGNC Investment by 112.7% in the 4th quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock worth $32,000 after buying an additional 1,832 shares in the last quarter. Spire Wealth Management increased its stake in AGNC Investment by 94.5% in the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 1,972 shares during the last quarter. CoreCap Advisors LLC raised its holdings in shares of AGNC Investment by 34.8% during the 4th quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust's stock valued at $44,000 after buying an additional 1,229 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL raised its holdings in shares of AGNC Investment by 150.0% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 5,000 shares of the real estate investment trust's stock valued at $46,000 after buying an additional 3,000 shares in the last quarter. 38.28% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at AGNC Investment

In other AGNC Investment news, EVP Bernice Bell sold 8,000 shares of the firm's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $8.88, for a total transaction of $71,040.00. Following the completion of the transaction, the executive vice president now owns 374,019 shares of the company's stock, valued at approximately $3,321,288.72. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Peter J. Federico sold 48,333 shares of the firm's stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 1,691,421 shares of the company's stock, valued at $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 139,384 shares of company stock worth $1,228,039 over the last 90 days. 0.42% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on AGNC shares. Wall Street Zen cut AGNC Investment from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. Wells Fargo & Company lowered their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Keefe, Bruyette & Woods lowered their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. Argus restated a "hold" rating on shares of AGNC Investment in a research report on Tuesday, April 29th. Finally, Jones Trading cut their price target on shares of AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $9.96.

AGNC Investment Trading Up 0.3%

Shares of NASDAQ AGNC traded up $0.03 during mid-day trading on Friday, hitting $8.84. The stock had a trading volume of 36,881,205 shares, compared to its average volume of 20,690,373. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.85. The business has a 50 day moving average price of $9.00 and a two-hundred day moving average price of $9.52. The firm has a market cap of $9.02 billion, a P/E ratio of 9.11 and a beta of 1.30.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. The business had revenue of $846.00 million during the quarter, compared to analysts' expectations of $436.71 million. During the same quarter last year, the business posted $0.58 EPS. On average, equities analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently declared a may 25 dividend, which will be paid on Tuesday, June 10th. Investors of record on Friday, May 30th will be given a dividend of $0.12 per share. This represents a dividend yield of 16.2%. The ex-dividend date of this dividend is Friday, May 30th. AGNC Investment's dividend payout ratio is currently 360.00%.

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).