Friedenthal Financial Takes Position in AGNC Investment Corp. (NASDAQ:AGNC)

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

Other institutional investors have also recently made changes to their positions in the company. Fourth Dimension Wealth LLC purchased a new stake in AGNC Investment in the fourth quarter worth approximately $26,000. National Bank of Canada FI boosted its holdings in AGNC Investment by 112.7% in the fourth quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock worth $32,000 after purchasing an additional 1,832 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in AGNC Investment by 34.8% in the fourth quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust's stock worth $44,000 after purchasing an additional 1,229 shares during the last quarter. Strategic Investment Solutions Inc. IL boosted its holdings in AGNC Investment by 150.0% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 5,000 shares of the real estate investment trust's stock worth $46,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Front Row Advisors LLC boosted its holdings in AGNC Investment by 75.0% in the fourth quarter. Front Row Advisors LLC now owns 7,000 shares of the real estate investment trust's stock worth $65,000 after purchasing an additional 3,000 shares during the last quarter. Hedge funds and other institutional investors own 38.28% of the company's stock.

AGNC Investment Price Performance

Shares of AGNC traded down $0.02 during trading hours on Friday, reaching $9.24. 32,314,776 shares of the stock traded hands, compared to its average volume of 21,685,235. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 52-week low of $7.85 and a 52-week high of $10.85. The company's 50-day moving average price is $8.92 and its two-hundred day moving average price is $9.45. The company has a market cap of $9.43 billion, a P/E ratio of 23.10 and a beta of 1.29.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its 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. AGNC Investment had a net margin of 14.91% and a return on equity of 20.36%. The company had revenue of $846.00 million for the quarter, compared to analysts' expectations of $436.71 million. During the same quarter in the previous year, the company earned $0.58 EPS. On average, analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Argus restated a "hold" rating on shares of AGNC Investment in a report on Tuesday, April 29th. Jones Trading decreased their price target on shares of AGNC Investment from $10.25 to $9.50 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Wall Street Zen downgraded shares of AGNC Investment from a "hold" rating to a "sell" rating in a research report on Tuesday, May 6th. JPMorgan Chase & Co. decreased their price target on shares of AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Finally, Wells Fargo & Company decreased their price target on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. 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. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $9.75.

Insider Activity at AGNC Investment

In other AGNC Investment news, CEO Peter J. Federico sold 48,333 shares of the business's stock in a transaction on Monday, April 28th. The shares were sold at an average price of $8.88, for a total value of $429,197.04. Following the sale, the chief executive officer now owns 1,643,088 shares in the company, valued at $14,590,621.44. The trade was a 2.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kenneth L. Pollack sold 17,500 shares of the business'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 sale, the executive vice president now owns 447,841 shares in the company, valued at approximately $4,044,004.23. The trade was a 3.76% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 139,384 shares of company stock worth $1,228,039. 0.42% of the stock is owned by corporate 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).