Nuveen Asset Management LLC Buys 284,154 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Nuveen Asset Management LLC grew its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 10.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,896,972 shares of the real estate investment trust's stock after acquiring an additional 284,154 shares during the quarter. Nuveen Asset Management LLC owned 0.33% of AGNC Investment worth $26,681,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in AGNC Investment by 70.2% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,817,384 shares of the real estate investment trust's stock worth $16,738,000 after acquiring an additional 749,712 shares in the last quarter. Jacobs Asset Management LLC boosted its holdings in AGNC Investment by 50.1% in the fourth quarter. Jacobs Asset Management LLC now owns 375,300 shares of the real estate investment trust's stock worth $3,457,000 after acquiring an additional 125,300 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in AGNC Investment by 6.3% in the fourth quarter. Janus Henderson Group PLC now owns 342,851 shares of the real estate investment trust's stock worth $3,156,000 after acquiring an additional 20,300 shares in the last quarter. Jefferies Financial Group Inc. boosted its holdings in AGNC Investment by 19.6% in the fourth quarter. Jefferies Financial Group Inc. now owns 49,433 shares of the real estate investment trust's stock worth $455,000 after acquiring an additional 8,103 shares in the last quarter. Finally, Graham Capital Management L.P. bought a new stake in AGNC Investment in the fourth quarter worth $1,382,000. 38.28% of the stock is owned by institutional investors.

AGNC Investment Stock Up 0.1%

AGNC stock opened at $8.81 on Friday. AGNC Investment Corp. has a fifty-two week low of $7.85 and a fifty-two week high of $10.85. The business's 50-day moving average is $9.03 and its two-hundred day moving average is $9.52. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The company has a market cap of $8.99 billion, a price-to-earnings ratio of 9.08 and a beta of 1.30.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.03. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. The company had revenue of $846.00 million for the quarter, compared to the consensus estimate of $436.71 million. During the same quarter in the prior year, the company earned $0.58 earnings per share. As a group, analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently announced a may 25 dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Friday, May 30th will be issued a $0.12 dividend. This represents a yield of 16.2%. The ex-dividend date is Friday, May 30th. AGNC Investment's dividend payout ratio is 360.00%.

Wall Street Analysts Forecast Growth

Several research firms have commented on AGNC. Argus reissued a "hold" rating on shares of AGNC Investment in a report on Tuesday, April 29th. JPMorgan Chase & Co. lowered their price target on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Wells Fargo & Company lowered their price target on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Keefe, Bruyette & Woods lowered their price target on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a report on Wednesday, January 29th. Finally, Jones Trading lowered their price target on AGNC Investment from $10.25 to $9.50 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $9.96.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, EVP Bernice Bell sold 8,000 shares of the company's stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $8.88, for a total value of $71,040.00. Following the completion of the sale, the executive vice president now owns 374,019 shares in the company, valued at $3,321,288.72. This represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Kenneth L. Pollack sold 17,500 shares of the company's stock in a transaction dated Tuesday, April 29th. The stock was sold at an average price of $9.03, for a total value of $158,025.00. Following the completion of the sale, the executive vice president now owns 447,841 shares of the company's stock, valued at approximately $4,044,004.23. The trade was a 3.76% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 139,384 shares of company stock valued at $1,228,039. 0.42% of the stock is owned by company insiders.

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.