MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Acquires 749,712 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 70.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,817,384 shares of the real estate investment trust's stock after acquiring an additional 749,712 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.21% of AGNC Investment worth $16,738,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AGNC. Barclays PLC lifted its stake in AGNC Investment by 4.8% in the third 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 during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of AGNC Investment by 7.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 59,963 shares of the real estate investment trust's stock valued at $552,000 after purchasing an additional 3,899 shares in the last quarter. Brookstone Capital Management lifted its position in shares of AGNC Investment by 47.2% in the 4th quarter. Brookstone Capital Management now owns 15,583 shares of the real estate investment trust's stock worth $144,000 after purchasing an additional 4,994 shares during the period. Fifth Third Wealth Advisors LLC bought a new position in shares of AGNC Investment during the fourth quarter valued at approximately $103,000. Finally, Park Avenue Securities LLC increased its holdings in AGNC Investment by 139.4% during the fourth quarter. Park Avenue Securities LLC now owns 28,595 shares of the real estate investment trust's stock valued at $263,000 after buying an additional 16,651 shares during the period. Institutional investors own 38.28% of the company's stock.

Wall Street Analysts Forecast Growth

AGNC has been the subject of a number of analyst reports. Keefe, Bruyette & Woods lowered their target price on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. Royal Bank of Canada dropped their price objective on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 29th. Argus reiterated a "hold" rating on shares of AGNC Investment in a report on Tuesday, April 29th. Jones Trading decreased their price target on shares of AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Finally, Wells Fargo & Company cut their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $9.96.

Insider Buying and Selling at AGNC Investment

In related news, Director Donna Blank sold 17,218 shares of the firm's stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $8.67, for a total transaction of $149,280.06. Following the completion of the transaction, the director now owns 90,345 shares of the company's stock, valued at $783,291.15. This trade represents a 16.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Peter J. Federico sold 48,333 shares of the company's stock in a transaction on Friday, April 25th. The shares were sold at an average price of $8.70, for a total transaction of $420,497.10. Following the completion of the sale, the chief executive officer now directly owns 1,691,421 shares in the company, valued at approximately $14,715,362.70. The trade was a 2.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 139,384 shares of company stock worth $1,228,039. 0.42% of the stock is currently owned by insiders.

AGNC Investment Stock Performance

Shares of AGNC Investment stock opened at $9.08 on Friday. The company has a 50 day moving average price of $9.14 and a 200 day moving average price of $9.54. The firm has a market capitalization of $9.27 billion, a P/E ratio of 9.36 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 52 week low of $7.85 and a 52 week high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.03. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. The business had revenue of $846.00 million for the quarter, compared to analyst estimates of $436.71 million. During the same quarter in the prior year, the business posted $0.58 EPS. Sell-side analysts expect 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. Shareholders of record on Friday, May 30th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, May 30th. This represents a yield of 16.2%. AGNC Investment's dividend payout ratio is currently 360.00%.

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).

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