AGNC Investment Corp. (NASDAQ:AGNC) Stock Position Lifted by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD grew its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 15.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 486,010 shares of the real estate investment trust's stock after buying an additional 66,289 shares during the quarter. Price T Rowe Associates Inc. MD owned 0.05% of AGNC Investment worth $4,477,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in AGNC. Alpine Global Management LLC acquired a new position in AGNC Investment during the fourth quarter worth about $107,000. Hsbc Holdings PLC boosted its position in shares of AGNC Investment by 5.6% in the 4th quarter. Hsbc Holdings PLC now owns 18,259 shares of the real estate investment trust's stock worth $168,000 after buying an additional 970 shares in the last quarter. OneDigital Investment Advisors LLC grew its stake in AGNC Investment by 24.1% in the 4th quarter. OneDigital Investment Advisors LLC now owns 21,337 shares of the real estate investment trust's stock valued at $197,000 after acquiring an additional 4,147 shares during the last quarter. Stifel Financial Corp increased its holdings in AGNC Investment by 22.6% during the 4th quarter. Stifel Financial Corp now owns 810,183 shares of the real estate investment trust's stock valued at $7,462,000 after acquiring an additional 149,448 shares in the last quarter. Finally, Transce3nd LLC acquired a new position in AGNC Investment during the fourth quarter worth about $1,109,000. Hedge funds and other institutional investors own 38.28% of the company's stock.

AGNC Investment Stock Performance

NASDAQ:AGNC traded up $0.08 during midday trading on Wednesday, reaching $8.76. 14,596,278 shares of the company traded hands, compared to its average volume of 19,592,230. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. AGNC Investment Corp. has a twelve month low of $7.85 and a twelve month high of $10.85. The company has a fifty day moving average price of $9.33 and a 200 day moving average price of $9.58. The firm has a market capitalization of $8.02 billion, a price-to-earnings ratio of 9.02 and a beta of 1.30.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings results on Monday, April 21st. The real estate investment trust reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. The company had revenue of $846.00 million for the quarter, compared to analyst estimates of $436.71 million. During the same quarter last year, the business earned $0.58 earnings per share. On average, analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently disclosed a apr 25 dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 30th will be paid a dividend of $0.12 per share. This represents a dividend yield of 17.7%. The ex-dividend date is Wednesday, April 30th. AGNC Investment's dividend payout ratio is currently 360.00%.

Insider Activity at AGNC Investment

In related news, CEO Peter J. Federico sold 48,333 shares of AGNC Investment stock in a transaction on Friday, April 25th. The stock was sold at an average price of $8.70, for a total value of $420,497.10. Following the transaction, the chief executive officer now directly owns 1,691,421 shares in the company, valued at $14,715,362.70. The trade was a 2.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Bernice Bell sold 8,000 shares of the business's stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $8.88, for a total value of $71,040.00. Following the sale, the executive vice president now owns 374,019 shares in the company, valued at approximately $3,321,288.72. The trade was a 2.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 122,166 shares of company stock worth $1,078,759 in the last 90 days. Corporate insiders own 0.42% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on AGNC. Jones Trading cut their price objective on AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Keefe, Bruyette & Woods reduced their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research report on Wednesday, January 29th. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Wells Fargo & Company lowered their price objective on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Finally, Royal Bank of Canada cut their price target on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $9.96.

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).