ORG Wealth Partners LLC grew its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 1,590.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,127 shares of the real estate investment trust's stock after acquiring an additional 120,549 shares during the period. ORG Wealth Partners LLC's holdings in AGNC Investment were worth $1,227,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of AGNC Investment by 14.1% in the fourth quarter. Vanguard Group Inc. now owns 83,316,872 shares of the real estate investment trust's stock worth $767,348,000 after acquiring an additional 10,316,999 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its stake in shares of AGNC Investment by 18.0% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 16,996,741 shares of the real estate investment trust's stock worth $162,828,000 after acquiring an additional 2,589,020 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of AGNC Investment by 18.8% during the 4th quarter. Geode Capital Management LLC now owns 14,614,721 shares of the real estate investment trust's stock worth $134,645,000 after purchasing an additional 2,311,105 shares during the last quarter. Norges Bank purchased a new stake in shares of AGNC Investment during the 4th quarter worth $87,269,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of AGNC Investment by 8.6% during the 4th 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 during the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.
AGNC Investment Stock Performance
AGNC traded down $0.02 on Friday, reaching $9.24. The company had a trading volume of 32,314,776 shares, compared to its average volume of 21,710,286. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.85. The stock has a market capitalization of $9.43 billion, a PE ratio of 23.10 and a beta of 1.29. 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 stock has a 50-day moving average price of $8.92 and a 200-day moving average price of $9.45.
AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly 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 net margin of 14.91% and a return on equity of 20.36%. The firm had revenue of $846.00 million during the quarter, compared to analysts' expectations of $436.71 million. During the same period in the previous year, the company earned $0.58 earnings per share. As a group, research analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.
AGNC Investment Dividend Announcement
The firm also recently announced a jun 25 dividend, which will be paid on Thursday, July 10th. Stockholders of record on Monday, June 30th will be issued a $0.12 dividend. The ex-dividend date is Monday, June 30th. This represents a dividend yield of 15.5%. AGNC Investment's payout ratio is 360.00%.
Insider Activity
In other AGNC Investment news, Director Donna Blank sold 17,218 shares of the company's stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $8.67, for a total transaction of $149,280.06. Following the transaction, the director now directly owns 90,345 shares in the company, valued at approximately $783,291.15. This represents a 16.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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 transaction of $158,025.00. Following the transaction, the executive vice president now owns 447,841 shares in the company, valued at $4,044,004.23. The trade was a 3.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 139,384 shares of company stock valued at $1,228,039. Insiders own 0.42% of the company's stock.
Analyst Ratings Changes
Several research firms have recently issued reports on AGNC. Argus reaffirmed a "hold" rating on shares of AGNC Investment in a research report on Tuesday, April 29th. Wall Street Zen cut shares of AGNC Investment from a "hold" rating to a "sell" rating in a research report on Tuesday, May 6th. Jones Trading decreased their price objective on shares of AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. JPMorgan Chase & Co. decreased their price objective on shares of AGNC Investment from $9.50 to $8.50 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Finally, Wells Fargo & Company decreased their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, AGNC Investment presently has an average rating of "Moderate Buy" and an average target price of $9.75.
View Our Latest 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).
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