Janney Montgomery Scott LLC Has $2.39 Million Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Janney Montgomery Scott LLC grew its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 22.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 249,127 shares of the real estate investment trust's stock after purchasing an additional 45,457 shares during the period. Janney Montgomery Scott LLC's holdings in AGNC Investment were worth $2,387,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Mission Wealth Management LP acquired a new position in shares of AGNC Investment during the 1st quarter worth approximately $154,000. Brighton Jones LLC acquired a new position in shares of AGNC Investment during the 1st quarter worth approximately $141,000. Dynamic Advisor Solutions LLC grew its position in shares of AGNC Investment by 83.9% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 67,571 shares of the real estate investment trust's stock worth $647,000 after purchasing an additional 30,835 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its position in shares of AGNC Investment by 18.0% during the 1st 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 purchasing an additional 2,589,020 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of AGNC Investment by 6.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 117,763 shares of the real estate investment trust's stock worth $1,128,000 after purchasing an additional 7,650 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

Analysts Set New Price Targets

AGNC has been the topic of a number of analyst reports. Argus restated a "hold" rating on shares of AGNC Investment in a research report on Tuesday, April 29th. Keefe, Bruyette & Woods cut their price target on shares of AGNC Investment from $10.25 to $9.50 and set an "outperform" rating for the company in a report on Tuesday, June 3rd. Royal Bank Of Canada cut their price target on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a report on Tuesday, April 29th. Jones Trading cut their price target on shares of AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Finally, Wells Fargo & Company cut their price target 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 investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $9.75.

Insider Activity at AGNC Investment

In other news, CEO Peter J. Federico sold 48,333 shares of the firm's stock in a transaction 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 completion of the transaction, the chief executive officer now owns 1,691,421 shares of the company's stock, valued at approximately $14,715,362.70. This trade represents a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Donna Blank sold 17,218 shares of the firm's stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $8.67, for a total transaction of $149,280.06. Following the transaction, the director now directly owns 90,345 shares of the company's stock, valued at $783,291.15. The trade was a 16.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 139,384 shares of company stock valued at $1,228,039 in the last quarter. Insiders own 0.42% of the company's stock.

AGNC Investment Price Performance

Shares of NASDAQ:AGNC opened at $9.23 on Thursday. The company has a market cap of $9.42 billion, a price-to-earnings ratio of 23.08 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. The firm has a 50 day simple moving average of $8.97 and a 200 day simple moving average of $9.44. AGNC Investment Corp. has a one year low of $7.85 and a one year high of $10.85.

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 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. The business had revenue of $846.00 million during the quarter, compared to the consensus estimate 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 prior year, the firm earned $0.58 EPS. Research analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

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

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).

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