AGNC Investment Corp. (NASDAQ:AGNC) Position Raised by Victory Capital Management Inc.

Victory Capital Management Inc. raised its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 150.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,175,807 shares of the real estate investment trust's stock after acquiring an additional 3,109,966 shares during the period. Victory Capital Management Inc. owned approximately 0.77% of AGNC Investment worth $50,775,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Bruce G. Allen Investments LLC purchased a new stake in shares of AGNC Investment in the fourth quarter worth $37,000. CENTRAL TRUST Co purchased a new stake in shares of AGNC Investment during the fourth quarter valued at $46,000. Allworth Financial LP boosted its position in shares of AGNC Investment by 76.5% during the fourth quarter. Allworth Financial LP now owns 4,836 shares of the real estate investment trust's stock valued at $47,000 after buying an additional 2,096 shares during the last quarter. Carmichael Hill & Associates Inc. boosted its position in shares of AGNC Investment by 66.8% during the third quarter. Carmichael Hill & Associates Inc. now owns 6,066 shares of the real estate investment trust's stock valued at $57,000 after buying an additional 2,429 shares during the last quarter. Finally, Private Trust Co. NA boosted its position in shares of AGNC Investment by 110.8% during the fourth quarter. Private Trust Co. NA now owns 6,377 shares of the real estate investment trust's stock valued at $63,000 after buying an additional 3,352 shares during the last quarter. 38.28% of the stock is owned by hedge funds and other institutional investors.

AGNC Investment Stock Up 1.1 %

Shares of NASDAQ AGNC traded up $0.10 during mid-day trading on Friday, reaching $9.40. 12,486,834 shares of the company were exchanged, compared to its average volume of 12,360,452. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.01. The stock has a market cap of $6.53 billion, a price-to-earnings ratio of 10.33 and a beta of 1.45. AGNC Investment Corp. has a 1 year low of $6.81 and a 1 year high of $10.64. The firm has a 50-day moving average of $9.53 and a 200 day moving average of $9.28.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued 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. The firm had revenue of $642.00 million during the quarter, compared to analysts' expectations of $568.38 million. AGNC Investment had a return on equity of 27.92% and a net margin of 32.12%. During the same period in the prior year, the business posted $0.70 EPS. On average, research analysts expect that AGNC Investment Corp. will post 2.1 earnings per share for the current year.

AGNC Investment Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts recently commented on AGNC shares. StockNews.com raised AGNC Investment from a "sell" rating to a "hold" rating in a research report on Tuesday, March 12th. Barclays raised their target price on AGNC Investment from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research report on Monday, January 22nd. Compass Point initiated coverage on AGNC Investment in a research report on Tuesday, February 20th. They issued a "buy" rating and a $10.25 target price on the stock. Keefe, Bruyette & Woods dropped their target price on AGNC Investment from $10.00 to $9.50 and set an "outperform" rating on the stock in a research report on Wednesday, April 24th. Finally, Jonestrading decreased their price objective on AGNC Investment from $10.75 to $10.25 and set a "buy" rating on the stock in a research note on Tuesday, April 23rd. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $9.79.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total value of $46,750.00. Following the completion of the sale, the director now directly owns 75,545 shares in the company, valued at $706,345.75. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.52% of the stock is currently owned by company insiders.

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).