Nomura Holdings Inc. Has $446,000 Stock Position in AGNC Investment Corp. $AGNC

Key Points

• Nomura Holdings Inc. significantly reduced its stake in AGNC Investment Corp. by 92.4%, now owning only 46,606 shares after selling 566,908 shares in the first quarter.
• AGNC Investment recently announced a monthly dividend of $0.12, representing an annualized yield of 14.1%, with the ex-dividend date set for August 29th.
• Analysts have updated price targets for AGNC Investment, with a consensus average target of $9.63 and multiple analysts issuing "buy" ratings.

Nomura Holdings Inc. decreased its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 92.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,606 shares of the real estate investment trust's stock after selling 566,908 shares during the quarter. Nomura Holdings Inc.'s holdings in AGNC Investment were worth $446,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Fourth Dimension Wealth LLC acquired a new position in AGNC Investment in the fourth quarter worth about $26,000. N.E.W. Advisory Services LLC acquired a new position in shares of AGNC Investment in the 1st quarter worth approximately $28,000. Larson Financial Group LLC lifted its position in shares of AGNC Investment by 326.3% during the 1st quarter. Larson Financial Group LLC now owns 3,291 shares of the real estate investment trust's stock worth $32,000 after buying an additional 2,519 shares during the period. AlphaQuest LLC acquired a new stake in AGNC Investment in the 1st quarter valued at $34,000. Finally, VSM Wealth Advisory LLC bought a new stake in AGNC Investment in the first quarter valued at $35,000. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at AGNC Investment

In other AGNC Investment news, Director Paul E. Mullings sold 11,000 shares of the company's stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $9.61, for a total transaction of $105,710.00. Following the transaction, the director directly owned 128,511 shares in the company, valued at approximately $1,234,990.71. This represents a 7.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John D. Fisk sold 20,278 shares of AGNC Investment stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $9.65, for a total transaction of $195,682.70. Following the sale, the director owned 112,685 shares of the company's stock, valued at approximately $1,087,410.25. This represents a 15.25% decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on AGNC shares. Jones Trading reissued a "buy" rating and set a $9.50 price objective on shares of AGNC Investment in a report on Tuesday, July 22nd. UBS Group increased their target price on shares of AGNC Investment from $9.50 to $9.75 and gave the stock a "neutral" rating in a research report on Wednesday, September 3rd. Finally, Keefe, Bruyette & Woods lifted their price target on shares of AGNC Investment from $9.50 to $10.00 and gave the company an "outperform" rating in a 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.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $9.63.

AGNC Investment Price Performance

Shares of AGNC stock traded down $0.10 during trading hours on Wednesday, hitting $10.25. 26,265,805 shares of the company's stock were exchanged, compared to its average volume of 17,943,532. AGNC Investment Corp. has a 52 week low of $7.85 and a 52 week high of $10.85. The stock has a market cap of $10.68 billion, a price-to-earnings ratio of 30.15 and a beta of 1.30. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.33 and a quick ratio of 0.33. The stock's 50-day moving average is $9.63 and its 200-day moving average is $9.40.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $0.38 earnings per share (EPS) 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 company had revenue of $830.00 million for the quarter, compared to analyst estimates of $447.37 million. During the same quarter last year, the company earned $0.53 EPS. As a group, research analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 29th will be given a dividend of $0.12 per share. This represents a c) dividend on an annualized basis and a dividend yield of 14.0%. The ex-dividend date is Friday, August 29th. AGNC Investment's dividend payout ratio is presently 423.53%.

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).