AGNC Investment Corp. (NASDAQ:AGNC) Stake Raised by First Trust Advisors LP

First Trust Advisors LP raised its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 24.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,548,710 shares of the real estate investment trust's stock after acquiring an additional 301,737 shares during the quarter. First Trust Advisors LP owned approximately 0.17% of AGNC Investment worth $14,264,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. CIBC Asset Management Inc increased its stake in shares of AGNC Investment by 5.3% during the 4th quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust's stock valued at $197,000 after acquiring an additional 1,075 shares during the last quarter. Armstrong Advisory Group Inc. increased its position in AGNC Investment by 6.6% during the fourth quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust's stock worth $170,000 after purchasing an additional 1,150 shares during the last quarter. Advisory Services Network LLC raised its stake in AGNC Investment by 2.9% during 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 period. D.A. Davidson & CO. boosted its holdings in shares of AGNC Investment by 6.6% in the 4th quarter. D.A. Davidson & CO. now owns 23,517 shares of the real estate investment trust's stock valued at $217,000 after purchasing an additional 1,449 shares during the last quarter. Finally, Covestor Ltd grew its stake in shares of AGNC Investment by 19.4% during the 4th quarter. Covestor Ltd now owns 9,166 shares of the real estate investment trust's stock valued at $84,000 after buying an additional 1,489 shares during the period. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other AGNC Investment news, EVP Kenneth L. Pollack sold 17,500 shares of AGNC Investment stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $9.03, for a total transaction of $158,025.00. Following the sale, the executive vice president now owns 447,841 shares of the company's stock, valued at $4,044,004.23. The trade was a 3.76 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total transaction of $50,500.00. Following the sale, the director now owns 75,919 shares in the company, valued at approximately $766,781.90. This represents a 6.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 119,166 shares of company stock valued at $1,058,219. 0.42% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Jones Trading reduced their target price on AGNC Investment from $10.25 to $9.50 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. StockNews.com raised shares of AGNC Investment from a "sell" rating to a "hold" rating in a research report on Tuesday, February 25th. Keefe, Bruyette & Woods reduced 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 report on Wednesday, January 29th. Finally, Royal Bank of Canada dropped their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a research report on Tuesday. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $9.96.

AGNC Investment Stock Up 0.2 %

AGNC Investment stock traded up $0.02 during midday trading on Thursday, hitting $8.85. 12,102,719 shares of the stock were exchanged, compared to its average volume of 19,335,588. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.85. The firm has a market cap of $8.10 billion, a P/E ratio of 9.14 and a beta of 1.32. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The company has a 50 day moving average price of $9.47 and a two-hundred day moving average price of $9.64.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. The firm had revenue of $846.00 million during the quarter, compared to analyst estimates of $436.71 million. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. During the same period in the previous year, the company earned $0.58 earnings per share. On average, sell-side analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently announced a apr 25 dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 30th will be paid a $0.12 dividend. This represents a yield of 17.7%. The ex-dividend date of this dividend is Wednesday, April 30th. AGNC Investment's payout ratio is 360.00%.

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).