Armstrong Advisory Group Inc. Increases Stake in AGNC Investment Corp. (NASDAQ:AGNC)

Armstrong Advisory Group Inc. boosted its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 6.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,505 shares of the real estate investment trust’s stock after purchasing an additional 1,150 shares during the period. Armstrong Advisory Group Inc.’s holdings in AGNC Investment were worth $170,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. grew its holdings in shares of AGNC Investment by 2.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,768,305 shares of the real estate investment trust’s stock valued at $70,796,000 after buying an additional 162,152 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew its stake in AGNC Investment by 200.5% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock valued at $151,113,000 after purchasing an additional 9,639,675 shares during the last quarter. Barclays PLC grew its stake in AGNC Investment by 4.8% during the 3rd quarter. Barclays PLC now owns 1,552,969 shares of the real estate investment trust’s stock valued at $16,242,000 after purchasing an additional 71,330 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of AGNC Investment by 2.0% in the third quarter. Geode Capital Management LLC now owns 12,303,616 shares of the real estate investment trust’s stock valued at $128,730,000 after purchasing an additional 242,640 shares during the period. Finally, US Bancorp DE lifted its holdings in shares of AGNC Investment by 279.0% during the third quarter. US Bancorp DE now owns 239,493 shares of the real estate investment trust’s stock worth $2,505,000 after purchasing an additional 176,301 shares during the period. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Trading Up 1.7 %

AGNC stock opened at $9.55 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 52-week low of $8.92 and a 52-week high of $10.85. The company’s 50-day simple moving average is $9.49 and its 200-day simple moving average is $9.90. The firm has a market cap of $8.46 billion, a P/E ratio of 6.63 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.43 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.04). The business had revenue of $756.00 million during the quarter, compared to analyst estimates of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same period in the previous year, the business posted $0.65 earnings per share. As a group, equities analysts forecast that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be issued a dividend of $0.12 per share. This represents a yield of 15.5%. The ex-dividend date is Friday, January 31st. AGNC Investment’s payout ratio is 100.00%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. JPMorgan Chase & Co. reduced their target price on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a report on Monday, December 9th. Finally, Wells Fargo & Company raised shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $10.00 to $12.00 in a report on Friday, September 20th. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, AGNC Investment currently has an average rating of “Moderate Buy” and a consensus target price of $10.44.

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).