Royal Bank of Canada Has $18.81 Million Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Royal Bank of Canada lifted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 11.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,042,516 shares of the real estate investment trust's stock after buying an additional 217,239 shares during the quarter. Royal Bank of Canada owned about 0.23% of AGNC Investment worth $18,811,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC boosted its holdings in shares of AGNC Investment by 4.8% during the third quarter. Barclays PLC now owns 1,552,969 shares of the real estate investment trust's stock worth $16,242,000 after purchasing an additional 71,330 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of 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 valued at $67,690,000 after acquiring an additional 581,352 shares in the last quarter. Farringdon Capital Ltd. bought a new position in shares of AGNC Investment in the fourth quarter worth approximately $639,000. Yousif Capital Management LLC lifted its holdings in shares of AGNC Investment by 4.8% during the fourth quarter. Yousif Capital Management LLC now owns 33,854 shares of the real estate investment trust's stock valued at $312,000 after purchasing an additional 1,551 shares in the last quarter. Finally, Fortitude Advisory Group L.L.C. boosted its holdings in shares of AGNC Investment by 87.6% during the 4th quarter. Fortitude Advisory Group L.L.C. now owns 98,144 shares of the real estate investment trust's stock valued at $904,000 after acquiring an additional 45,815 shares during the last quarter. Institutional investors own 38.28% of the company's stock.

Insider Buying and Selling at AGNC Investment

In other news, CEO Peter J. Federico sold 48,333 shares of the company's stock in a transaction dated Friday, April 25th. The stock was sold at an average price of $8.70, for a total value of $420,497.10. Following the transaction, the chief executive officer now owns 1,691,421 shares in the company, valued at $14,715,362.70. This represents a 2.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Bernice Bell sold 8,000 shares of the stock in a transaction on 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 now owns 374,019 shares in the company, valued at approximately $3,321,288.72. This trade represents a 2.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,384 shares of company stock valued at $1,228,039 over the last 90 days. 0.42% of the stock is owned by corporate insiders.

AGNC Investment Stock Performance

NASDAQ AGNC traded down $0.09 on Friday, reaching $8.91. The stock had a trading volume of 6,923,242 shares, compared to its average volume of 20,847,188. AGNC Investment Corp. has a 12-month low of $7.85 and a 12-month high of $10.85. 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 stock has a market cap of $9.09 billion, a P/E ratio of 9.18 and a beta of 1.30. The business's 50-day moving average price is $8.90 and its 200 day moving average price is $9.50.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released 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 firm had revenue of $846.00 million during the quarter, compared to analysts' expectations of $436.71 million. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. During the same quarter in the prior year, the business posted $0.58 earnings per share. As a group, equities analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The firm also recently declared a may 25 dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Friday, May 30th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a yield of 16.2%. AGNC Investment's dividend payout ratio (DPR) is 360.00%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on AGNC shares. Wall Street Zen downgraded shares of AGNC Investment from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. JPMorgan Chase & Co. lowered their price objective on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Argus reissued a "hold" rating on shares of AGNC Investment in a research note on Tuesday, April 29th. Wells Fargo & Company lowered their price target on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Finally, Jones Trading lowered their price target 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. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $9.96.

AGNC Investment Company 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).