Global Assets Advisory LLC Makes New Investment in AGNC Investment Corp. (NASDAQ:AGNC)

Global Assets Advisory LLC bought 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 Form 13F filing with the Securities and Exchange Commission. The fund bought 177,419 shares of the real estate investment trust's stock, valued at approximately $1,592,000.

A number of other institutional investors have also added to or reduced their stakes in AGNC. Fourth Dimension Wealth LLC purchased a new position in AGNC Investment during the 4th quarter valued at $26,000. National Bank of Canada FI increased its holdings in shares of AGNC Investment by 112.7% during the fourth quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 1,832 shares in the last quarter. CoreCap Advisors LLC raised its position in shares of AGNC Investment by 34.8% in the 4th 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 raised its position in shares of AGNC Investment by 150.0% in 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 purchasing an additional 3,000 shares during the last quarter. Finally, Front Row Advisors LLC boosted its stake in AGNC Investment by 75.0% in the 4th 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 in the last quarter. Institutional investors own 38.28% of the company's stock.

AGNC Investment Price Performance

Shares of AGNC stock traded up $0.09 on Thursday, reaching $9.32. The company's stock had a trading volume of 20,226,862 shares, compared to its average volume of 21,873,896. The stock's fifty day simple moving average is $8.97 and its 200-day simple moving average is $9.44. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.85. The company has a market capitalization of $9.51 billion, a price-to-earnings ratio of 23.30 and a beta of 1.29. 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 (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 for the quarter, topping the consensus estimate of $0.41 by $0.03. The company had revenue of $846.00 million for the quarter, compared to analysts' expectations of $436.71 million. AGNC Investment had a return on equity of 20.36% and a net margin of 14.91%. During the same period in the previous year, the firm posted $0.58 earnings per share. Analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

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 issued a $0.12 dividend. This represents a dividend yield of 15.5%. The ex-dividend date is Monday, June 30th. AGNC Investment's payout ratio is presently 360.00%.

Insider Buying and Selling

In other AGNC Investment news, Director Donna Blank sold 17,218 shares of the firm's stock in a transaction that occurred 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 directly owns 90,345 shares in the company, valued at $783,291.15. This trade represents a 16.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Peter J. Federico sold 48,333 shares of the company'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 owns 1,691,421 shares in the company, 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. Insiders have sold 139,384 shares of company stock valued at $1,228,039 in the last 90 days. Company insiders own 0.42% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on AGNC shares. Jones Trading reduced their target price 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 dropped their price target on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 29th. JPMorgan Chase & Co. lowered their price objective on shares of AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Wall Street Zen lowered shares of AGNC Investment from a "hold" rating to a "sell" rating in a research report on Tuesday, May 6th. Finally, Wells Fargo & Company reduced their target price 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. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus 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).