J.W. Cole Advisors Inc. Increases Stake in AGNC Investment Corp. (NASDAQ:AGNC)

J.W. Cole Advisors Inc. raised its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 47.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 253,140 shares of the real estate investment trust's stock after acquiring an additional 81,292 shares during the quarter. J.W. Cole Advisors Inc.'s holdings in AGNC Investment were worth $2,425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Fourth Dimension Wealth LLC purchased a new position in AGNC Investment during the fourth quarter valued at approximately $26,000. National Bank of Canada FI lifted its stake in shares of AGNC Investment by 112.7% during the 4th quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock valued at $32,000 after buying an additional 1,832 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of AGNC Investment by 326.3% in the first quarter. Larson Financial Group LLC now owns 3,291 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 2,519 shares in the last quarter. Rossby Financial LCC purchased a new position in shares of AGNC Investment in the first quarter valued at about $38,000. Finally, CoreCap Advisors LLC lifted its position in shares of AGNC Investment by 34.8% in the fourth quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust's stock valued at $44,000 after acquiring an additional 1,229 shares in the last quarter. Hedge funds and other institutional investors own 38.28% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on AGNC shares. JPMorgan Chase & Co. lowered their price objective on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Wall Street Zen cut AGNC Investment from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. Royal Bank Of Canada lowered their target price on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. Wells Fargo & Company lowered their target price on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Finally, UBS Group boosted their price target on shares of AGNC Investment from $8.50 to $9.50 and gave the stock a "neutral" rating in a research note on Thursday, July 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $9.58.

Insiders Place Their Bets

In related news, EVP Kenneth L. Pollack sold 17,500 shares of the firm's stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $9.03, for a total value of $158,025.00. Following the transaction, the executive vice president owned 447,841 shares of the company's stock, valued at $4,044,004.23. This trade represents a 3.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Bernice Bell sold 8,000 shares of the firm'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 transaction of $71,040.00. Following the transaction, the executive vice president directly owned 374,019 shares in the company, valued at approximately $3,321,288.72. This trade represents a 2.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 91,051 shares of company stock worth $807,542. 0.42% of the stock is currently owned by company insiders.

AGNC Investment Trading Down 0.3%

AGNC stock traded down $0.03 during midday trading on Friday, reaching $9.60. 4,868,123 shares of the company traded hands, compared to its average volume of 26,386,523. The business has a 50 day moving average of $9.22 and a 200-day moving average of $9.43. AGNC Investment Corp. has a 52-week low of $7.85 and a 52-week high of $10.85. The firm has a market capitalization of $9.79 billion, a price-to-earnings ratio of 28.25 and a beta of 1.28. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.28 and a current ratio of 0.28.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its earnings results 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 net margin of 11.50% and a return on equity of 19.63%. The firm had revenue of $830.00 million during the quarter, compared to analysts' expectations of $447.37 million. During the same period in the prior year, the company posted $0.53 EPS. As a group, sell-side 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 declared a jul 25 dividend, which will be paid on Monday, August 11th. Stockholders of record on Thursday, July 31st will be issued a $0.12 dividend. The ex-dividend date is Thursday, July 31st. This represents a dividend yield of 15.2%. AGNC Investment's payout ratio is 423.53%.

AGNC Investment Profile

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).