65,393 Shares in AGNC Investment Corp. (NASDAQ:AGNC) Acquired by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC purchased a new position in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 65,393 shares of the real estate investment trust's stock, valued at approximately $626,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its holdings in AGNC Investment by 8.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust's stock worth $67,690,000 after purchasing an additional 581,352 shares in the last quarter. Farringdon Capital Ltd. acquired a new stake in AGNC Investment during the fourth quarter worth approximately $639,000. Wealth Enhancement Advisory Services LLC raised its holdings in AGNC Investment by 96.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 110,113 shares of the real estate investment trust's stock worth $1,014,000 after purchasing an additional 54,049 shares in the last quarter. Sei Investments Co. raised its holdings in AGNC Investment by 10.0% during the fourth quarter. Sei Investments Co. now owns 408,004 shares of the real estate investment trust's stock worth $3,758,000 after purchasing an additional 37,150 shares in the last quarter. Finally, KBC Group NV raised its holdings in AGNC Investment by 10.2% during the first quarter. KBC Group NV now owns 33,398 shares of the real estate investment trust's stock worth $320,000 after purchasing an additional 3,081 shares in the last quarter. Hedge funds and other institutional investors own 38.28% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on AGNC shares. JPMorgan Chase & Co. cut their price objective on shares of AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. UBS Group lifted their target price on shares of AGNC Investment from $8.50 to $9.50 and gave the company a "neutral" rating in a report on Thursday. Argus reaffirmed a "hold" rating on shares of AGNC Investment in a report on Tuesday, April 29th. Wells Fargo & Company cut 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, Wall Street Zen cut shares of AGNC Investment from a "hold" rating to a "sell" rating in a research note on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $9.79.

Insider Activity

In other news, EVP Kenneth L. Pollack sold 17,500 shares of the stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $9.03, for a total transaction of $158,025.00. Following the transaction, the executive vice president directly owned 447,841 shares in the company, valued at $4,044,004.23. This represents a 3.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Bernice Bell sold 8,000 shares of the stock in a transaction dated 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 owned 374,019 shares in the company, valued at approximately $3,321,288.72. The trade was a 2.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 139,384 shares of company stock valued at $1,228,039 in the last 90 days. Company insiders own 0.42% of the company's stock.

AGNC Investment Price Performance

Shares of AGNC Investment stock traded down $0.05 on Friday, hitting $9.41. The company's stock had a trading volume of 7,521,659 shares, compared to its average volume of 22,183,599. AGNC Investment Corp. has a 52-week low of $7.85 and a 52-week high of $10.85. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average price of $9.13 and a 200-day moving average price of $9.43. The company has a market capitalization of $9.60 billion, a P/E ratio of 23.49 and a beta of 1.28.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.03. The company had revenue of $846.00 million for the quarter, compared to analyst estimates of $436.71 million. AGNC Investment had a net margin of 14.91% and a return on equity of 20.36%. During the same period in the prior year, the firm earned $0.58 EPS. On average, equities research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently announced a jul 25 dividend, which will be paid on Monday, August 11th. Shareholders of record on Thursday, July 31st will be issued a $0.12 dividend. The ex-dividend date is Thursday, July 31st. This represents a yield of 15.2%. AGNC Investment's dividend payout ratio (DPR) is 360.00%.

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).