AGNC Investment Corp. (NASDAQ:AGNC) Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 4.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 722,434 shares of the real estate investment trust’s stock after acquiring an additional 32,115 shares during the period. Commonwealth Equity Services LLC owned 0.08% of AGNC Investment worth $6,654,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AGNC. Atria Investments Inc raised its holdings in AGNC Investment by 5.4% in the 3rd quarter. Atria Investments Inc now owns 30,506 shares of the real estate investment trust’s stock valued at $319,000 after acquiring an additional 1,564 shares during the last quarter. OneDigital Investment Advisors LLC acquired a new position in AGNC Investment in the 3rd quarter valued at $180,000. Thrivent Financial for Lutherans raised its holdings in AGNC Investment by 3,409.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 696,095 shares of the real estate investment trust’s stock valued at $7,281,000 after acquiring an additional 676,259 shares during the last quarter. Swiss National Bank raised its holdings in AGNC Investment by 5.0% in the 3rd quarter. Swiss National Bank now owns 1,436,500 shares of the real estate investment trust’s stock valued at $15,026,000 after acquiring an additional 68,300 shares during the last quarter. Finally, Pathstone Holdings LLC increased its holdings in shares of AGNC Investment by 17.8% during the 3rd quarter. Pathstone Holdings LLC now owns 210,477 shares of the real estate investment trust’s stock worth $2,224,000 after buying an additional 31,787 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on AGNC. JPMorgan Chase & Co. cut their target price on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research report on Monday, December 9th. Wells Fargo & Company cut their target price on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Argus raised AGNC Investment to a “hold” rating in a research report on Tuesday, February 4th. Keefe, Bruyette & Woods cut their target price 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. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $11.00 target price on shares of AGNC Investment in a research report on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $10.50.

Insider Activity

In related news, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the transaction, the director now directly owns 75,919 shares in the company, valued at approximately $766,781.90. This trade represents a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the transaction, the chief financial officer now owns 372,226 shares of the company’s stock, 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. Insiders own 0.42% of the company’s stock.

AGNC Investment Trading Down 1.2 %

NASDAQ:AGNC opened at $10.17 on Friday. The business’s 50-day moving average is $10.10 and its two-hundred day moving average is $9.93. 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 12 month low of $8.92 and a 12 month high of $10.85. The firm has a market capitalization of $9.31 billion, a PE ratio of 10.48 and a beta of 1.50.

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%. Research analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently announced a mar 25 dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.12 per share. The ex-dividend date is Monday, March 31st. This represents a dividend yield of 14.1%. AGNC Investment’s dividend payout ratio is presently 148.45%.

About AGNC Investment

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).