91,437 Shares in AGNC Investment Corp. (NASDAQ:AGNC) Purchased by Friedenthal Financial

Friedenthal Financial purchased a new stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 91,437 shares of the real estate investment trust's stock, valued at approximately $876,000.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in AGNC Investment by 14.1% during the 4th quarter. Vanguard Group Inc. now owns 83,316,872 shares of the real estate investment trust's stock valued at $767,348,000 after purchasing an additional 10,316,999 shares during the period. Norges Bank acquired a new position in shares of AGNC Investment during the fourth quarter worth about $87,269,000. PL Capital Advisors LLC raised its holdings in shares of AGNC Investment by 821.0% in the fourth quarter. PL Capital Advisors LLC now owns 5,464,956 shares of the real estate investment trust's stock valued at $50,332,000 after purchasing an additional 4,871,584 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in AGNC Investment in the 4th quarter valued at $39,840,000. Finally, Vaughan Nelson Investment Management L.P. raised its holdings in AGNC Investment by 18.0% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 16,996,741 shares of the real estate investment trust's stock worth $162,828,000 after acquiring an additional 2,589,020 shares in the last quarter. 38.28% of the stock is owned by institutional investors.

Insider Activity at AGNC Investment

In other news, CEO Peter J. Federico sold 48,333 shares of the company's stock in a transaction dated 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 owns 1,691,421 shares in the company, valued at approximately $14,715,362.70. This represents a 2.78% 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, EVP Bernice Bell sold 8,000 shares of the company's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $8.88, for a total transaction of $71,040.00. Following the transaction, the executive vice president now owns 374,019 shares in the company, valued at $3,321,288.72. This represents a 2.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,384 shares of company stock worth $1,228,039 over the last three months. Company insiders own 0.42% of the company's stock.

AGNC Investment Price Performance

Shares of AGNC stock traded down $0.02 on Friday, hitting $9.24. 32,314,776 shares of the company's stock were exchanged, compared to its average volume of 21,710,286. The company has a 50 day moving average of $8.92 and a 200 day moving average of $9.45. The stock has a market cap of $9.43 billion, a P/E ratio of 23.10 and a beta of 1.29. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.28 and a quick ratio of 0.28. AGNC Investment Corp. has a 12 month low of $7.85 and a 12 month high of $10.85.

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

AGNC Investment Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts recently weighed in on AGNC shares. Wall Street Zen downgraded shares of AGNC Investment from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. Keefe, Bruyette & Woods cut their price objective on shares of AGNC Investment from $10.25 to $9.50 and set an "outperform" rating for the company in a research report on Tuesday, June 3rd. Argus restated a "hold" rating on shares of AGNC Investment in a research report on Tuesday, April 29th. Wells Fargo & Company cut their target price on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Finally, Royal Bank Of Canada reduced their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $9.75.

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).