Focus Partners Wealth Makes New $367,000 Investment in AGNC Investment Corp. (NASDAQ:AGNC)

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

Other hedge funds also recently added to or reduced their stakes in the company. Financial Life Planners acquired a new stake in AGNC Investment during the 4th quarter worth approximately $28,000. National Bank of Canada FI lifted its position in AGNC Investment by 112.7% during 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 acquiring an additional 1,832 shares during the period. Spire Wealth Management lifted its position in AGNC Investment by 94.5% during the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock worth $37,000 after acquiring an additional 1,972 shares during the period. CoreCap Advisors LLC lifted its position in 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 worth $44,000 after acquiring an additional 1,229 shares during the period. Finally, Strategic Investment Solutions Inc. IL lifted its position in 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 worth $46,000 after acquiring an additional 3,000 shares during the period. 38.28% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AGNC has been the subject of a number of recent research reports. Argus reaffirmed a "hold" rating on shares of AGNC Investment in a research report on Tuesday, April 29th. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. Jones Trading reduced their price target on AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Royal Bank of Canada reduced their price target on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a report on Tuesday, April 29th. Finally, Wells Fargo & Company reduced their price target on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, AGNC Investment has an average rating of "Moderate Buy" and an average target price of $9.96.

AGNC Investment Stock Performance

Shares of AGNC stock opened at $8.80 on Thursday. The stock has a fifty day moving average price of $9.06 and a 200 day moving average price of $9.53. The stock has a market cap of $8.98 billion, a PE ratio of 9.07 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 has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23.

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

AGNC Investment Announces Dividend

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

Insider Buying and Selling

In other AGNC Investment news, EVP Kenneth L. Pollack sold 17,500 shares of the firm's stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $9.03, for a total transaction of $158,025.00. Following the completion of the transaction, the executive vice president now owns 447,841 shares of the company's stock, valued at approximately $4,044,004.23. This trade represents a 3.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Peter J. Federico sold 48,333 shares of the firm's stock in a transaction on Friday, April 25th. The stock was sold at an average price of $8.70, for a total value 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. The trade was a 2.78% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 139,384 shares of company stock valued at $1,228,039. 0.42% of the stock is owned by insiders.

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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