AGNC Investment Corp. (NASDAQ:AGNC) Shares Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC grew its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 5.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,682,998 shares of the real estate investment trust's stock after purchasing an additional 395,796 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 1.14% of AGNC Investment worth $75,370,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Coppell Advisory Solutions Corp. purchased a new stake in AGNC Investment during the 4th quarter valued at $27,000. Coppell Advisory Solutions LLC purchased a new position in AGNC Investment during the 2nd quarter valued at about $29,000. Worth Asset Management LLC bought a new position in AGNC Investment during the 1st quarter valued at approximately $35,000. Bruce G. Allen Investments LLC purchased a new stake in AGNC Investment in the 4th quarter worth approximately $37,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in AGNC Investment by 128.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,580 shares of the real estate investment trust's stock worth $37,000 after acquiring an additional 2,015 shares during the period. Institutional investors own 38.28% of the company's stock.

AGNC Investment Stock Performance

Shares of AGNC Investment stock traded down $0.46 during trading on Wednesday, hitting $9.32. 22,372,261 shares of the company's stock traded hands, compared to its average volume of 11,732,884. AGNC Investment Corp. has a 1 year low of $6.81 and a 1 year high of $10.64. The business has a 50-day simple moving average of $9.60 and a 200-day simple moving average of $9.26. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26. The stock has a market capitalization of $6.48 billion, a P/E ratio of 932.93 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings results on Monday, January 29th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.11. AGNC Investment had a net margin of 7.59% and a return on equity of 28.02%. The firm had revenue of $640.00 million for the quarter, compared to the consensus estimate of $570.42 million. During the same quarter last year, the firm posted $0.74 EPS. As a group, analysts forecast that AGNC Investment Corp. will post 2.16 EPS for the current year.

AGNC Investment Announces Dividend

The business also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be paid a dividend of $0.12 per share. AGNC Investment's dividend payout ratio is presently 14,414.41%.

Wall Street Analysts Forecast Growth

AGNC has been the subject of a number of research reports. Compass Point initiated coverage on shares of AGNC Investment in a research note on Tuesday, February 20th. They issued a "buy" rating and a $10.25 price target for the company. Royal Bank of Canada dropped their price target on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research report on Thursday, January 25th. StockNews.com upgraded AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, March 12th. Jonestrading initiated coverage on AGNC Investment in a research note on Friday, March 22nd. They issued a "buy" rating and a $10.75 target price on the stock. Finally, Keefe, Bruyette & Woods upped their price target on shares of AGNC Investment from $8.50 to $10.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 13th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, AGNC Investment has a consensus rating of "Moderate Buy" and an average price target of $9.93.

Insider Activity

In related news, CFO Bernice Bell sold 10,000 shares of the company's stock in a transaction on Friday, January 26th. The stock was sold at an average price of $9.85, for a total transaction of $98,500.00. Following the completion of the sale, the chief financial officer now owns 287,282 shares in the company, valued at $2,829,727.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.43% of the company's stock.

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).