AGNC Investment Corp. (NASDAQ:AGNC) Shares Bought by PFG Investments LLC

PFG Investments LLC boosted its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 880.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 129,501 shares of the real estate investment trust's stock after buying an additional 116,299 shares during the quarter. PFG Investments LLC's holdings in AGNC Investment were worth $1,282,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AGNC. SG Americas Securities LLC grew its position in AGNC Investment by 136.4% during the third quarter. SG Americas Securities LLC now owns 27,950 shares of the real estate investment trust's stock worth $264,000 after buying an additional 16,125 shares during the period. KG&L Capital Management LLC grew its position in shares of AGNC Investment by 67.1% in the third quarter. KG&L Capital Management LLC now owns 65,970 shares of the real estate investment trust's stock valued at $623,000 after purchasing an additional 26,485 shares during the last quarter. All Season Financial Advisors Inc. grew its position in shares of AGNC Investment by 5.7% in the third quarter. All Season Financial Advisors Inc. now owns 59,862 shares of the real estate investment trust's stock valued at $565,000 after purchasing an additional 3,251 shares during the last quarter. Xponance Inc. grew its position in shares of AGNC Investment by 71.9% in the third quarter. Xponance Inc. now owns 34,191 shares of the real estate investment trust's stock valued at $323,000 after purchasing an additional 14,304 shares during the last quarter. Finally, Raymond James & Associates grew its position in shares of AGNC Investment by 1.1% in the third quarter. Raymond James & Associates now owns 1,078,421 shares of the real estate investment trust's stock valued at $10,180,000 after purchasing an additional 11,459 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AGNC has been the topic of several research reports. Compass Point assumed coverage on shares of AGNC Investment in a research report on Tuesday, February 20th. They issued a "buy" rating and a $10.25 price target on the stock. Royal Bank of Canada reduced their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research note on Thursday, January 25th. StockNews.com raised shares of AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, March 12th. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a research note on Thursday, April 18th. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an "outperform" rating on the stock in a research note on Wednesday. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, AGNC Investment presently has a consensus rating of "Moderate Buy" and a consensus price target of $9.79.

Insider Activity

In other news, Director Frances Spark sold 5,000 shares of the firm's stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $9.35, for a total value of $46,750.00. Following the transaction, the director now owns 75,545 shares of the company's stock, valued at approximately $706,345.75. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.52% of the company's stock.

AGNC Investment Trading Up 1.0 %

NASDAQ:AGNC traded up $0.09 during trading hours on Friday, reaching $9.33. 13,154,097 shares of the company were exchanged, compared to its average volume of 10,943,930. 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 firm has a market cap of $6.48 billion, a price-to-earnings ratio of 10.25 and a beta of 1.45. AGNC Investment Corp. has a 52-week low of $6.81 and a 52-week high of $10.64. The stock has a 50 day simple moving average of $9.55 and a 200 day simple moving average of $9.26.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.02. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. The business had revenue of $642.00 million for the quarter, compared to the consensus estimate of $568.38 million. During the same quarter last year, the firm posted $0.70 EPS. As a group, analysts predict that AGNC Investment Corp. will post 2.18 EPS for the current year.

AGNC Investment Dividend Announcement

The firm also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th will be paid a $0.12 dividend. This represents a dividend yield of 15.4%. The ex-dividend date is Monday, April 29th. AGNC Investment's dividend payout ratio is presently 158.24%.

AGNC Investment 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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.