Universal Beteiligungs und Servicegesellschaft mbH Makes New $1.18 Million Investment in AGNC Investment Corp. (NASDAQ:AGNC)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH has acquired a new stake in AGNC Investment Corp., purchasing 122,712 shares for approximately $1.18 million in the first quarter.
• AGNC Investment recently reported earnings of $0.38 per share, which fell short of analysts' expectations of $0.42 per share, along with a substantial dividend announcement yielding 1,520.0%.
• Analysts maintain a mixed outlook on AGNC Investment, with ratings ranging from sell to buy, and a consensus target price of approximately $9.58.

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 122,712 shares of the real estate investment trust's stock, valued at approximately $1,176,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fourth Dimension Wealth LLC purchased a new stake in shares of AGNC Investment during the fourth quarter worth about $26,000. Larson Financial Group LLC raised its holdings in AGNC Investment by 326.3% in the 1st quarter. Larson Financial Group LLC now owns 3,291 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 2,519 shares during the last quarter. National Bank of Canada FI lifted its stake in shares of AGNC Investment by 112.7% during the 4th quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock worth $32,000 after purchasing an additional 1,832 shares during the period. VSM Wealth Advisory LLC acquired a new position in shares of AGNC Investment during the 1st quarter valued at about $35,000. Finally, Rossby Financial LCC acquired a new position in shares of AGNC Investment in the 1st quarter valued at $38,000. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at AGNC Investment

In other news, Director John D. Fisk sold 20,278 shares of the company's stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $9.65, for a total transaction of $195,682.70. Following the sale, the director owned 112,685 shares in the company, valued at $1,087,410.25. This represents a 15.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Paul E. Mullings sold 11,000 shares of the company's stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $9.61, for a total transaction of $105,710.00. Following the completion of the sale, the director directly owned 128,511 shares in the company, valued at approximately $1,234,990.71. The trade was a 7.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.42% of the company's stock.

AGNC Investment Price Performance

Shares of AGNC stock traded down $0.03 during mid-day trading on Tuesday, reaching $9.60. The company's stock had a trading volume of 13,687,378 shares, compared to its average volume of 26,198,875. The company has a market cap of $9.80 billion, a P/E ratio of 28.24 and a beta of 1.28. The firm's 50-day moving average is $9.31 and its two-hundred day moving average is $9.45. AGNC Investment Corp. has a 1-year low of $7.85 and a 1-year high of $10.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.28 and a current ratio of 0.28.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $0.38 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.04). AGNC Investment had a net margin of 11.50% and a return on equity of 19.63%. The company had revenue of $830.00 million during the quarter, compared to analyst estimates of $447.37 million. During the same period in the prior year, the firm earned $0.53 EPS. On average, research analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

The business also recently disclosed a jul 25 dividend, which will be paid on Monday, August 11th. Investors of record on Thursday, July 31st will be issued a $0.12 dividend. This represents a yield of 1,520.0%. The ex-dividend date is Thursday, July 31st. AGNC Investment's dividend payout ratio is currently 423.53%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AGNC. Jones Trading reiterated a "buy" rating and set a $9.50 target price on shares of AGNC Investment in a report on Tuesday, July 22nd. Keefe, Bruyette & Woods upped their price objective on AGNC Investment from $9.50 to $10.00 and gave the stock an "outperform" rating in a research note on Thursday, July 10th. JPMorgan Chase & Co. dropped their target price on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Royal Bank Of Canada cut their price objective on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. Finally, Wells Fargo & Company reduced their price target 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 equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $9.58.

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).