AGNC Investment Corp. (NASDAQ:AGNC) Shares Purchased by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. grew its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 5.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,030,123 shares of the real estate investment trust's stock after purchasing an additional 54,209 shares during the period. AGNC Investment makes up about 1.2% of Pekin Hardy Strauss Inc.'s holdings, making the stock its 12th biggest position. Pekin Hardy Strauss Inc. owned approximately 0.11% of AGNC Investment worth $9,869,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. U.S. Capital Wealth Advisors LLC raised its holdings in AGNC Investment by 24.0% during the first quarter. U.S. Capital Wealth Advisors LLC now owns 142,229 shares of the real estate investment trust's stock worth $1,363,000 after purchasing an additional 27,540 shares during the last quarter. TD Private Client Wealth LLC increased its position in shares of AGNC Investment by 42.2% in the first quarter. TD Private Client Wealth LLC now owns 14,683 shares of the real estate investment trust's stock valued at $141,000 after buying an additional 4,361 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of AGNC Investment by 8.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,565,671 shares of the real estate investment trust's stock worth $14,999,000 after buying an additional 121,592 shares during the last quarter. Penserra Capital Management LLC boosted its position in shares of AGNC Investment by 14.4% in the 1st quarter. Penserra Capital Management LLC now owns 170,862 shares of the real estate investment trust's stock worth $1,636,000 after buying an additional 21,563 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of AGNC Investment by 6.0% in the 1st quarter. Bank of New York Mellon Corp now owns 2,979,319 shares of the real estate investment trust's stock worth $28,542,000 after buying an additional 167,805 shares in the last quarter. 38.28% of the stock is owned by hedge funds and other institutional investors.

AGNC Investment Trading Up 0.6%

NASDAQ AGNC traded up $0.06 during mid-day trading on Tuesday, reaching $9.42. 20,190,827 shares of the stock were exchanged, compared to its average volume of 22,195,777. The business's fifty day simple moving average is $9.09 and its 200 day simple moving average is $9.43. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.28 and a current ratio of 0.28. The stock has a market capitalization of $9.61 billion, a PE ratio of 23.55 and a beta of 1.28. AGNC Investment Corp. has a 1-year low of $7.85 and a 1-year high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. The business had revenue of $846.00 million for the quarter, compared to analysts' expectations of $436.71 million. AGNC Investment had a return on equity of 20.36% and a net margin of 14.91%. During the same quarter last year, the firm earned $0.58 earnings per share. On average, research analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently declared a jun 25 dividend, which will be paid on Thursday, July 10th. Shareholders of record on Monday, June 30th will be issued a $0.12 dividend. This represents a yield of 15.5%. The ex-dividend date is Monday, June 30th. AGNC Investment's dividend payout ratio (DPR) is 360.00%.

Analysts Set New Price Targets

Several equities analysts have weighed in on AGNC shares. Argus restated a "hold" rating on shares of AGNC Investment in a report on Tuesday, April 29th. JPMorgan Chase & Co. dropped 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 note on Wednesday, April 16th. Wells Fargo & Company reduced their target price on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Jones Trading dropped their price target on AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Finally, Keefe, Bruyette & Woods cut their price target on AGNC Investment from $10.25 to $9.50 and set an "outperform" rating for the company in a report on Tuesday, June 3rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, AGNC Investment presently has an average rating of "Moderate Buy" and an average target price of $9.75.

Insider Activity at AGNC Investment

In other AGNC Investment news, EVP Bernice Bell sold 8,000 shares of the stock in a transaction that occurred on Thursday, May 1st. The shares were 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 of the company's stock, valued at $3,321,288.72. This trade represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Peter J. Federico sold 48,333 shares of AGNC Investment stock in a transaction on Monday, April 28th. The shares were sold at an average price of $8.88, for a total transaction of $429,197.04. Following the completion of the transaction, the chief executive officer owned 1,643,088 shares in the company, valued at approximately $14,590,621.44. This trade represents a 2.86% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 139,384 shares of company stock worth $1,228,039. 0.42% of the stock is owned by insiders.

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).