AGNC Investment Corp. (NASDAQ:AGNC) Stake Increased by PL Capital Advisors LLC

PL Capital Advisors LLC raised its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 210.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 620,772 shares of the real estate investment trust's stock after buying an additional 420,672 shares during the period. AGNC Investment comprises approximately 2.1% of PL Capital Advisors LLC's holdings, making the stock its 16th largest position. PL Capital Advisors LLC owned approximately 0.09% of AGNC Investment worth $6,090,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Kovack Advisors Inc. raised its stake in AGNC Investment by 23.5% during the 4th quarter. Kovack Advisors Inc. now owns 209,194 shares of the real estate investment trust's stock valued at $2,052,000 after buying an additional 39,816 shares during the last quarter. State of New Jersey Common Pension Fund D raised its stake in AGNC Investment by 7.5% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 313,028 shares of the real estate investment trust's stock valued at $3,071,000 after buying an additional 21,896 shares during the last quarter. Atria Wealth Solutions Inc. raised its stake in AGNC Investment by 41.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 140,033 shares of the real estate investment trust's stock valued at $1,377,000 after buying an additional 41,158 shares during the last quarter. Alaska Permanent Fund Corp increased its stake in shares of AGNC Investment by 1.9% in the 4th quarter. Alaska Permanent Fund Corp now owns 242,635 shares of the real estate investment trust's stock worth $2,380,000 after purchasing an additional 4,535 shares in the last quarter. Finally, Yousif Capital Management LLC increased its stake in shares of AGNC Investment by 6.5% in the 4th quarter. Yousif Capital Management LLC now owns 34,271 shares of the real estate investment trust's stock worth $336,000 after purchasing an additional 2,090 shares in the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AGNC. Royal Bank of Canada reduced their price objective on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a research note 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. Barclays upped their price objective on AGNC Investment from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research note on Monday, January 22nd. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research note on Thursday, April 18th. Finally, Jonestrading reduced their price objective on AGNC Investment from $10.75 to $10.25 and set a "buy" rating for the company in a research note on Tuesday, April 23rd. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $9.79.

Insider Transactions at AGNC Investment

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

AGNC Investment Trading Up 1.0 %

AGNC Investment stock traded up $0.09 during midday trading on Friday, reaching $9.33. The stock had a trading volume of 13,154,097 shares, compared to its average volume of 10,943,930. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 52-week low of $6.81 and a 52-week high of $10.64. The firm has a market cap of $6.48 billion, a price-to-earnings ratio of 10.25 and a beta of 1.45. The company has a fifty day moving average of $9.55 and a 200 day moving average of $9.27.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings data on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share for the quarter, topping 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 company had revenue of $642.00 million for the quarter, compared to analyst estimates of $568.38 million. During the same period in the prior year, the company posted $0.70 EPS. On average, analysts anticipate that AGNC Investment Corp. will post 2.1 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently disclosed a apr 24 dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 30th will be given a $0.12 dividend. This represents a yield of 15.4%. The ex-dividend date is Monday, April 29th. AGNC Investment's dividend payout ratio (DPR) is currently 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).