Advisors Asset Management Inc. Has $2.16 Million Stock Position in AGNC Investment Corp. (NASDAQ:AGNC)

Advisors Asset Management Inc. increased its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 209.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 229,005 shares of the real estate investment trust's stock after buying an additional 154,925 shares during the quarter. Advisors Asset Management Inc.'s holdings in AGNC Investment were worth $2,162,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in AGNC. Norges Bank bought a new stake in AGNC Investment during the 4th quarter worth approximately $56,213,000. Virginia Retirement Systems ET AL bought a new position in shares of AGNC Investment in the second quarter valued at approximately $52,644,000. Clearbridge Investments LLC grew its holdings in shares of AGNC Investment by 85.6% in the third quarter. Clearbridge Investments LLC now owns 7,301,298 shares of the real estate investment trust's stock valued at $68,924,000 after acquiring an additional 3,367,112 shares in the last quarter. Millennium Management LLC grew its holdings in shares of AGNC Investment by 86.5% in the fourth quarter. Millennium Management LLC now owns 6,506,730 shares of the real estate investment trust's stock valued at $67,345,000 after acquiring an additional 3,018,383 shares in the last quarter. Finally, Davidson Investment Advisors bought a new position in shares of AGNC Investment in the second quarter valued at approximately $20,739,000. 38.86% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Keefe, Bruyette & Woods upped their target price on AGNC Investment from $8.50 to $10.00 and gave the company an "outperform" rating in a report on Wednesday, December 13th. Barclays upped their price objective on AGNC Investment from $8.00 to $9.00 and gave the company an "equal weight" rating in a research note on Monday, January 22nd. Compass Point began coverage on AGNC Investment in a research note on Tuesday, February 20th. They issued a "buy" rating and a $10.25 price objective on the stock. UBS Group reiterated a "neutral" rating and issued a $9.00 price objective on shares of AGNC Investment in a research note on Wednesday, December 6th. Finally, 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 note on Thursday, January 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $9.96.

AGNC Investment Trading Up 0.5 %

NASDAQ:AGNC opened at $9.63 on Friday. The company has a market cap of $6.69 billion, a P/E ratio of 963.96 and a beta of 1.45. The stock's fifty day moving average price is $9.62 and its two-hundred day moving average price is $9.29. AGNC Investment Corp. has a 1 year low of $6.81 and a 1 year high of $10.86. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its earnings results on Monday, January 29th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.11. AGNC Investment had a return on equity of 28.02% and a net margin of 7.59%. The firm had revenue of $640.00 million for the quarter, compared to the consensus estimate of $570.42 million. During the same quarter in the prior year, the business posted $0.74 earnings per share. As a group, analysts expect that AGNC Investment Corp. will post 2.09 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently disclosed a feb 24 dividend, which will be paid on Monday, March 11th. Investors of record on Thursday, February 29th will be given a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a dividend yield of 15.1%. AGNC Investment's dividend payout ratio (DPR) is presently 14,414.41%.

Insider Buying and Selling

In related news, CFO Bernice Bell sold 10,000 shares of the stock in a transaction on Friday, January 26th. The stock was sold at an average price of $9.85, for a total value of $98,500.00. Following the sale, the chief financial officer now owns 287,282 shares in the company, valued at $2,829,727.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.52% of the stock is currently owned by company insiders.

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).

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