SLT Holdings LLC Invests $92,000 in AGNC Investment Corp. (NASDAQ:AGNC)

SLT Holdings LLC acquired a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC) in the fourth quarter, HoldingsChannel reports. The fund acquired 10,000 shares of the real estate investment trust’s stock, valued at approximately $92,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Financial Life Planners acquired a new stake in shares of AGNC Investment during the 4th quarter worth $28,000. Point72 Asset Management L.P. acquired a new stake in AGNC Investment in the 3rd quarter valued at $32,000. Spire Wealth Management increased its holdings in AGNC Investment by 94.5% in the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 1,972 shares in the last quarter. Huntington National Bank increased its holdings in AGNC Investment by 105.7% in the 3rd quarter. Huntington National Bank now owns 6,705 shares of the real estate investment trust’s stock valued at $70,000 after purchasing an additional 3,445 shares in the last quarter. Finally, Avior Wealth Management LLC increased its holdings in AGNC Investment by 413.8% in the 4th quarter. Avior Wealth Management LLC now owns 8,853 shares of the real estate investment trust’s stock valued at $82,000 after purchasing an additional 7,130 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on AGNC shares. JPMorgan Chase & Co. lowered their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a report on Monday, December 9th. StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, February 25th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. Royal Bank of Canada reissued an “outperform” rating and issued a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. Finally, Wells Fargo & Company decreased their price objective 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. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $10.50.

Insider Transactions at AGNC Investment

In related news, Director Frances Spark sold 5,000 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total transaction of $50,500.00. Following the sale, the director now owns 75,919 shares in the company, valued at $766,781.90. This represents a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the sale, the chief financial officer now owns 372,226 shares in the company, valued at approximately $3,737,149.04. This trade represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.52% of the company’s stock.

AGNC Investment Stock Performance

Shares of AGNC stock opened at $10.38 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. AGNC Investment Corp. has a one year low of $8.92 and a one year high of $10.85. The company’s 50-day simple moving average is $9.91 and its 200-day simple moving average is $9.93. The stock has a market capitalization of $9.50 billion, a price-to-earnings ratio of 10.70 and a beta of 1.50.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. Equities 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 declared a feb 25 dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, February 28th. This represents a dividend yield of 13.8%. AGNC Investment’s payout ratio is 148.45%.

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).