GoalVest Advisory LLC Purchases 94,498 Shares of AGNC Investment Corp. $AGNC

Key Points

• GoalVest Advisory sharply increased its AGNC Investment position by 3,855.5% in the second quarter, acquiring 94,498 additional shares for a total holding of 96,949 shares valued at approximately $1.06 million.
• AGNC reported quarterly EPS of $0.40, exceeding analysts’ $0.38 estimate, while the stock traded at $10.84 with a market capitalization of about $12.85 billion.
• The company declared a monthly $0.12 dividend, equivalent to a 13.3% annualized yield. Analysts maintain a consensus “Hold” rating with an average price target of $11.11.

GoalVest Advisory LLC raised its position in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 3,855.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 96,949 shares of the real estate investment trust's stock after acquiring an additional 94,498 shares during the period. GoalVest Advisory LLC's holdings in AGNC Investment were worth $1,057,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Avion Wealth increased its position in shares of AGNC Investment by 286.3% during the first quarter. Avion Wealth now owns 2,727 shares of the real estate investment trust's stock valued at $27,000 after purchasing an additional 2,021 shares during the period. Sound Income Strategies LLC lifted its position in AGNC Investment by 61.1% in the fourth quarter. Sound Income Strategies LLC now owns 2,762 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 1,048 shares during the period. Flagship Harbor Advisors LLC bought a new position in AGNC Investment in the fourth quarter worth $33,000. National Bank of Canada FI boosted its stake in AGNC Investment by 100.9% during the third quarter. National Bank of Canada FI now owns 3,365 shares of the real estate investment trust's stock worth $33,000 after buying an additional 1,690 shares in the last quarter. Finally, WealthCollab LLC acquired a new stake in AGNC Investment during the third quarter worth $33,000. Institutional investors own 38.28% of the company's stock.

Insider Activity at AGNC Investment

In other news, EVP Bernice Bell sold 5,000 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $11.00, for a total transaction of $55,000.00. Following the sale, the executive vice president owned 406,947 shares in the company, valued at approximately $4,476,417. This represents a 1.21% 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. Insiders own 0.40% of the company's stock.

AGNC Investment Trading Up 2.2%

NASDAQ:AGNC opened at $10.84 on Friday. The stock has a market capitalization of $12.85 billion, a P/E ratio of 5.71 and a beta of 1.32. AGNC Investment Corp. has a 1 year low of $9.31 and a 1 year high of $12.19. The firm has a 50 day moving average of $10.69 and a 200-day moving average of $10.78.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly earnings results on Monday, July 20th. The real estate investment trust reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.02. AGNC Investment had a return on equity of 17.96% and a net margin of 57.94%.The business had revenue of $305.00 million for the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the company earned ($0.17) EPS. As a group, analysts forecast that AGNC Investment Corp. will post 1.6 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 13.3%. AGNC Investment's payout ratio is currently 75.79%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AGNC. UBS Group increased their price objective on shares of AGNC Investment from $10.50 to $11.00 and gave the company a "neutral" rating in a research note on Friday, April 24th. Piper Sandler lifted their target price on shares of AGNC Investment from $11.50 to $12.00 and gave the company an "overweight" rating in a research report on Thursday, July 2nd. Wall Street Zen raised shares of AGNC Investment from a "sell" rating to a "hold" rating in a research note on Saturday, April 25th. Royal Bank Of Canada reissued an "outperform" rating and issued a $12.00 price target on shares of AGNC Investment in a research report on Friday, April 24th. Finally, Compass Point lowered shares of AGNC Investment from a "buy" rating to a "neutral" rating and set a $11.50 price target for the company. in a research report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $11.11.

AGNC Investment Company Profile

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC's investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.

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