Warren Street Wealth Advisors LLC Makes New $461,000 Investment in AGNC Investment Corp. $AGNC

Key Points

• Warren Street Wealth Advisors LLC has made a new investment of approximately $461,000 in AGNC Investment Corp., purchasing 50,217 shares of the real estate investment trust.
• AGNC Investment Corp. recently announced a dividend of $0.12 per share to be paid on October 9th, which represents a remarkable dividend yield of 1,471.0%.
• Several institutional investors have increased their stakes in AGNC Investment, with hedge funds collectively owning 38.28% of the stock.

Warren Street Wealth Advisors LLC bought a new stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 50,217 shares of the real estate investment trust's stock, valued at approximately $461,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. N.E.W. Advisory Services LLC purchased a new stake in shares of AGNC Investment in the 1st quarter valued at about $28,000. Larson Financial Group LLC lifted its holdings in shares of 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 purchasing an additional 2,519 shares during the last quarter. Trust Co. of Vermont lifted its holdings in shares of AGNC Investment by 1,003.0% in the 2nd quarter. Trust Co. of Vermont now owns 3,629 shares of the real estate investment trust's stock valued at $33,000 after purchasing an additional 3,300 shares during the last quarter. AlphaQuest LLC purchased a new stake in shares of AGNC Investment in the 1st quarter valued at about $34,000. Finally, VSM Wealth Advisory LLC purchased a new stake in shares of AGNC Investment in the 1st quarter valued at about $35,000. 38.28% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at AGNC Investment

In other news, Director Paul E. Mullings sold 11,000 shares of the business's stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $9.61, for a total transaction of $105,710.00. Following the sale, the director owned 128,511 shares of the company's stock, valued at $1,234,990.71. The trade was a 7.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John D. Fisk sold 20,278 shares of the business'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 value of $195,682.70. Following the sale, the director directly owned 112,685 shares in the company, valued at $1,087,410.25. This trade represents a 15.25% decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by insiders.

AGNC Investment Price Performance

Shares of NASDAQ:AGNC opened at $9.93 on Thursday. The business's 50 day simple moving average is $9.81 and its 200-day simple moving average is $9.37. The firm has a market capitalization of $10.34 billion, a price-to-earnings ratio of 29.21 and a beta of 1.32. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.33 and a quick ratio of 0.33. AGNC Investment Corp. has a 12 month low of $7.85 and a 12 month high of $10.63.

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). The firm had revenue of $830.00 million for the quarter, compared to analysts' expectations of $447.37 million. AGNC Investment had a return on equity of 19.32% and a net margin of 11.50%.During the same period last year, the firm earned $0.53 EPS. As a group, equities analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently declared a sep 25 dividend, which will be paid on Thursday, October 9th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a dividend yield of 1,471.0%. AGNC Investment's payout ratio is 423.53%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Keefe, Bruyette & Woods boosted their price target on AGNC Investment from $9.50 to $10.00 and gave the company an "outperform" rating in a research report on Thursday, July 10th. UBS Group boosted their price target on AGNC Investment from $9.50 to $9.75 and gave the company a "neutral" rating in a research report on Wednesday, September 3rd. Finally, Jones Trading restated a "buy" rating and issued a $9.50 price target on shares of AGNC Investment in a research report on Tuesday, July 22nd. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $9.63.

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).

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