AGNC Investment Corp. (NASDAQ:AGNC) Shares Bought by Summit Trail Advisors LLC

Summit Trail Advisors LLC boosted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 42.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 14,456 shares of the real estate investment trust’s stock after buying an additional 4,315 shares during the quarter. Summit Trail Advisors LLC’s holdings in AGNC Investment were worth $135,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AGNC. AQR Capital Management LLC acquired a new position in shares of AGNC Investment in the second quarter valued at approximately $163,000. Sanctuary Advisors LLC acquired a new position in shares of AGNC Investment in the second quarter valued at approximately $365,000. CWM LLC raised its position in shares of AGNC Investment by 20.3% in the third quarter. CWM LLC now owns 103,459 shares of the real estate investment trust’s stock valued at $1,082,000 after buying an additional 17,429 shares during the last quarter. Creative Planning raised its position in shares of AGNC Investment by 11.7% in the third quarter. Creative Planning now owns 189,905 shares of the real estate investment trust’s stock valued at $1,984,000 after buying an additional 19,965 shares during the last quarter. Finally, Magnus Financial Group LLC acquired a new position in shares of AGNC Investment in the third quarter valued at approximately $112,000. Institutional investors and hedge funds own 38.28% of the company’s stock.

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 on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total transaction of $50,500.00. Following the transaction, the director now directly owns 75,919 shares in the company, valued at $766,781.90. This represents a 6.18 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Bernice Bell sold 13,000 shares of the stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total transaction of $130,520.00. Following the transaction, the chief financial officer now owns 372,226 shares in the company, valued at $3,737,149.04. This trade represents a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by insiders.

AGNC Investment Price Performance

Shares of AGNC stock opened at $10.32 on Friday. The company has a market capitalization of $9.14 billion, a PE ratio of 10.64 and a beta of 1.48. The firm has a fifty day simple moving average of $9.62 and a 200-day simple moving average of $9.89. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a twelve month low of $8.92 and a twelve month high of $10.85.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. Equities research analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently disclosed a feb 25 dividend, which will be paid on Tuesday, March 11th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.12 per share. AGNC Investment’s dividend payout ratio (DPR) is 148.46%.

Analyst Ratings Changes

Several brokerages recently commented on AGNC. StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Argus raised shares of AGNC Investment to a “hold” rating in a research report on Tuesday, February 4th. Keefe, Bruyette & Woods dropped their price target on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a research report on Wednesday, January 29th. Wells Fargo & Company dropped their price target on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $10.50.

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).