UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 26.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,424,258 shares of the real estate investment trust's stock after purchasing an additional 511,564 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.27% of AGNC Investment worth $22,327,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the company. Barclays PLC boosted its stake in shares of AGNC Investment by 4.8% during the 3rd quarter. Barclays PLC now owns 1,552,969 shares of the real estate investment trust's stock worth $16,242,000 after acquiring an additional 71,330 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of AGNC Investment by 5.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 203,670 shares of the real estate investment trust's stock worth $1,876,000 after acquiring an additional 10,031 shares in the last quarter. Avior Wealth Management LLC boosted its stake in shares of AGNC Investment by 413.8% during the 4th quarter. Avior Wealth Management LLC now owns 8,853 shares of the real estate investment trust's stock worth $82,000 after acquiring an additional 7,130 shares in the last quarter. PFG Investments LLC lifted its stake in AGNC Investment by 58.7% in the 4th quarter. PFG Investments LLC now owns 209,350 shares of the real estate investment trust's stock valued at $1,928,000 after buying an additional 77,439 shares in the last quarter. Finally, KBC Group NV lifted its stake in AGNC Investment by 67.7% in the 4th quarter. KBC Group NV now owns 30,317 shares of the real estate investment trust's stock valued at $279,000 after buying an additional 12,234 shares in the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.
AGNC Investment Price Performance
AGNC traded up $0.03 during trading on Thursday, reaching $9.11. The company's stock had a trading volume of 35,069,210 shares, compared to its average volume of 20,867,373. The firm has a fifty day simple moving average of $8.92 and a two-hundred day simple moving average of $9.51. The company has a market cap of $9.30 billion, a price-to-earnings ratio of 9.39 and a beta of 1.30. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. 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 announced its quarterly earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. The business had revenue of $846.00 million during the quarter, compared to the consensus estimate of $436.71 million. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. During the same quarter last year, the firm earned $0.58 EPS. As a group, analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current year.
AGNC Investment Dividend Announcement
The company also recently declared a may 25 dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 30th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, May 30th. This represents a dividend yield of 16.2%. AGNC Investment's dividend payout ratio is currently 360.00%.
Insider Transactions at AGNC Investment
In other AGNC Investment news, CEO Peter J. Federico sold 48,333 shares of the firm's stock in a transaction that occurred on Friday, April 25th. The shares were sold at an average price of $8.70, for a total value of $420,497.10. Following the completion of the transaction, the chief executive officer now owns 1,691,421 shares of the company's stock, valued at $14,715,362.70. This trade represents a 2.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Bernice Bell sold 8,000 shares of the firm's 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 completion of the transaction, the executive vice president now directly owns 374,019 shares of the company's stock, valued at $3,321,288.72. This 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 worth $1,228,039 in the last 90 days. Insiders own 0.42% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the stock. Keefe, Bruyette & Woods decreased their price target on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research note on Wednesday, January 29th. Wells Fargo & Company decreased their price target on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Royal Bank of Canada decreased their price target on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 29th. JPMorgan Chase & Co. decreased their price target on shares of AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Finally, Argus reaffirmed a "hold" rating on shares of AGNC Investment in a research note on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, AGNC Investment has an average rating of "Moderate Buy" and a consensus price target of $9.96.
Get Our Latest Stock Report on AGNC Investment
AGNC Investment Company Profile
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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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