J.W. Cole Advisors Inc. boosted its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 47.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 253,140 shares of the real estate investment trust's stock after buying an additional 81,292 shares during the period. J.W. Cole Advisors Inc.'s holdings in AGNC Investment were worth $2,425,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Farringdon Capital Ltd. acquired a new stake in shares of AGNC Investment in the 4th quarter valued at $639,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of AGNC Investment by 96.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 110,113 shares of the real estate investment trust's stock valued at $1,014,000 after purchasing an additional 54,049 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of AGNC Investment by 10.0% in the 4th quarter. Sei Investments Co. now owns 408,004 shares of the real estate investment trust's stock valued at $3,758,000 after purchasing an additional 37,150 shares in the last quarter. KBC Group NV boosted its holdings in shares of AGNC Investment by 10.2% in the 1st quarter. KBC Group NV now owns 33,398 shares of the real estate investment trust's stock valued at $320,000 after purchasing an additional 3,081 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its holdings in shares of AGNC Investment by 14.1% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 19,991 shares of the real estate investment trust's stock valued at $192,000 after purchasing an additional 2,465 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at AGNC Investment
In related news, EVP Bernice Bell sold 8,000 shares of the company's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $8.88, for a total value of $71,040.00. Following the transaction, the executive vice president owned 374,019 shares in the company, valued at approximately $3,321,288.72. This represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Peter J. Federico sold 48,333 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 1,643,088 shares in the company, valued at approximately $14,590,621.44. The trade was a 2.86% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 139,384 shares of company stock worth $1,228,039 in the last ninety days. Company insiders own 0.42% of the company's stock.
AGNC Investment Stock Down 0.2%
AGNC stock opened at $9.23 on Tuesday. The stock's 50 day simple moving average is $9.19 and its 200 day simple moving average is $9.43. 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 debt-to-equity ratio of 0.01, a quick ratio of 0.28 and a current ratio of 0.28. The company has a market cap of $9.42 billion, a P/E ratio of 23.08 and a beta of 1.28.
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 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.04). AGNC Investment had a return on equity of 20.36% and a net margin of 14.91%. The company 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 firm posted $0.53 earnings per share. On average, research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.
AGNC Investment Dividend Announcement
The firm also recently announced a jul 25 dividend, which will be paid on Monday, August 11th. Stockholders of record on Thursday, July 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Thursday, July 31st. This represents a dividend yield of 15.2%. AGNC Investment's payout ratio is presently 360.00%.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the company. UBS Group raised their target price on AGNC Investment from $8.50 to $9.50 and gave the company a "neutral" rating in a report on Thursday, July 10th. Wall Street Zen downgraded AGNC Investment from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. Jones Trading dropped their target price on AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Wells Fargo & Company cut their price target on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Finally, JPMorgan Chase & Co. cut their price target on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, AGNC Investment has a consensus rating of "Hold" and a consensus target price of $9.79.
Get Our Latest Stock Report 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).
Further Reading
Want to see what other hedge funds are holding AGNC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AGNC Investment Corp. (NASDAQ:AGNC - Free Report).

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