Integrity Alliance LLC. bought a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 103,941 shares of the real estate investment trust's stock, valued at approximately $996,000.
Several other hedge funds also recently modified their holdings of AGNC. Kovack Advisors Inc. boosted its stake in AGNC Investment by 0.5% during the first quarter. Kovack Advisors Inc. now owns 222,310 shares of the real estate investment trust's stock valued at $2,130,000 after buying an additional 1,186 shares in the last quarter. CoreCap Advisors LLC lifted its stake in AGNC Investment by 34.8% during the fourth quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust's stock valued at $44,000 after purchasing an additional 1,229 shares during the last quarter. CreativeOne Wealth LLC lifted its stake in AGNC Investment by 9.7% during the first quarter. CreativeOne Wealth LLC now owns 13,986 shares of the real estate investment trust's stock valued at $134,000 after purchasing an additional 1,237 shares during the last quarter. MetLife Investment Management LLC boosted its holdings in AGNC Investment by 8.8% during the first quarter. MetLife Investment Management LLC now owns 15,548 shares of the real estate investment trust's stock worth $149,000 after buying an additional 1,256 shares in the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of AGNC Investment by 24.2% in the first quarter. IFP Advisors Inc now owns 6,479 shares of the real estate investment trust's stock valued at $62,000 after buying an additional 1,261 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.
AGNC Investment Price Performance
NASDAQ:AGNC traded down $0.03 during mid-day trading on Tuesday, hitting $10.17. The company's stock had a trading volume of 4,151,670 shares, compared to its average volume of 24,771,352. AGNC Investment Corp. has a fifty-two week low of $7.85 and a fifty-two week high of $10.85. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average of $9.67 and a 200-day moving average of $9.38. The company has a market capitalization of $10.59 billion, a price-to-earnings ratio of 29.90 and a beta of 1.30.
AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings data on Monday, July 21st. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.04). AGNC Investment had a return on equity of 19.32% and a net margin of 11.50%.The firm had revenue of $830.00 million for the quarter, compared to the consensus estimate of $447.37 million. During the same period in the prior year, the company posted $0.53 earnings per share. As a group, equities analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.
AGNC Investment Dividend Announcement
The company also recently disclosed a sep 25 dividend, which will be paid on Thursday, October 9th. Shareholders of record on Tuesday, September 30th will be given a $0.12 dividend. This represents a yield of 1,408.0%. The ex-dividend date is Tuesday, September 30th. AGNC Investment's dividend payout ratio (DPR) is presently 423.53%.
Insider Buying and Selling at AGNC Investment
In other AGNC Investment news, Director John D. Fisk sold 20,278 shares of the firm's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $9.65, for a total value of $195,682.70. Following the transaction, the director directly owned 112,685 shares of the company's stock, valued at approximately $1,087,410.25. This trade represents a 15.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul E. Mullings sold 11,000 shares of the company's stock in a transaction on Friday, July 25th. The shares were sold at an average price of $9.61, for a total transaction of $105,710.00. Following the sale, the director owned 128,511 shares of the company's stock, valued at $1,234,990.71. The trade was a 7.88% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.42% of the company's stock.
Analyst Ratings Changes
A number of equities analysts recently issued reports on AGNC shares. Jones Trading restated a "buy" rating and issued a $9.50 target price on shares of AGNC Investment in a report on Tuesday, July 22nd. UBS Group lifted their price target on AGNC Investment from $9.50 to $9.75 and gave the stock a "neutral" rating in a research note on Wednesday, September 3rd. Finally, Keefe, Bruyette & Woods upped their price target on shares of AGNC Investment from $9.50 to $10.00 and gave the company an "outperform" rating in a research report on Thursday, July 10th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $9.63.
Get Our Latest Stock Analysis on AGNC Investment
About AGNC Investment
(
Free Report)
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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