Wealth Enhancement Advisory Services LLC Purchases 54,049 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Wealth Enhancement Advisory Services LLC boosted its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 96.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 110,113 shares of the real estate investment trust's stock after purchasing an additional 54,049 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in AGNC Investment were worth $1,014,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hsbc Holdings PLC increased its stake in AGNC Investment by 5.6% in the 4th quarter. Hsbc Holdings PLC now owns 18,259 shares of the real estate investment trust's stock valued at $168,000 after buying an additional 970 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in AGNC Investment by 5.3% during the fourth quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust's stock worth $197,000 after acquiring an additional 1,075 shares during the period. CoreCap Advisors LLC boosted its position in AGNC Investment by 34.8% in the fourth quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust's stock worth $44,000 after purchasing an additional 1,229 shares during the last quarter. Advisory Services Network LLC boosted its position in AGNC Investment by 2.9% in the fourth quarter. Advisory Services Network LLC now owns 46,399 shares of the real estate investment trust's stock worth $427,000 after purchasing an additional 1,303 shares during the last quarter. Finally, MetLife Investment Management LLC grew its stake in AGNC Investment by 10.5% in the 4th quarter. MetLife Investment Management LLC now owns 14,292 shares of the real estate investment trust's stock valued at $132,000 after purchasing an additional 1,359 shares during the period. Institutional investors own 38.28% of the company's stock.

AGNC Investment Price Performance

AGNC traded up $0.08 during trading on Thursday, reaching $9.40. The stock had a trading volume of 17,578,636 shares, compared to its average volume of 21,424,820. 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 business has a 50-day moving average of $8.82 and a 200-day moving average of $9.47. AGNC Investment Corp. has a one year low of $7.85 and a one year high of $10.85. The stock has a market cap of $9.59 billion, a PE ratio of 9.69 and a beta of 1.29.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. The company had revenue of $846.00 million during the quarter, compared to the consensus estimate 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 previous year, the company posted $0.58 EPS. As a group, equities research analysts anticipate that AGNC Investment Corp. will post 1.61 EPS 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 paid a $0.12 dividend. AGNC Investment's dividend payout ratio is presently 360.00%.

Insider Buying and Selling at AGNC Investment

In other news, EVP Kenneth L. Pollack sold 17,500 shares of AGNC Investment stock in a transaction that occurred on Tuesday, April 29th. The stock was sold at an average price of $9.03, for a total value of $158,025.00. Following the sale, the executive vice president now directly owns 447,841 shares in the company, valued at approximately $4,044,004.23. This trade represents a 3.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Peter J. Federico sold 48,333 shares of the business'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 transaction, the chief executive officer now directly owns 1,691,421 shares in the company, valued at $14,715,362.70. This trade represents a 2.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 139,384 shares of company stock worth $1,228,039 over the last three months. Company insiders own 0.42% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on AGNC. Argus reiterated a "hold" rating on shares of AGNC Investment in a research note on Tuesday, April 29th. Keefe, Bruyette & Woods lowered their price target on shares of AGNC Investment from $10.25 to $9.50 and set an "outperform" rating on the stock in a report on Tuesday, June 3rd. Jones Trading lowered their target price on AGNC Investment from $10.25 to $9.50 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. JPMorgan Chase & Co. decreased their price objective on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Finally, Wells Fargo & Company dropped their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, AGNC Investment currently has an average rating of "Moderate Buy" and a consensus price target of $9.75.

About AGNC Investment

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).