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

Commonwealth Equity Services LLC increased its position in AGNC Investment Corp. (NASDAQ:AGNC) by 4.7% in the fourth quarter, Holdings Channel reports. The firm owned 722,434 shares of the real estate investment trust’s stock after purchasing an additional 32,115 shares during the quarter. Commonwealth Equity Services LLC’s holdings in AGNC Investment were worth $6,654,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. CFO4Life Group LLC boosted its stake in AGNC Investment by 66.6% in the fourth quarter. CFO4Life Group LLC now owns 24,537 shares of the real estate investment trust’s stock valued at $226,000 after acquiring an additional 9,806 shares during the period. Swiss National Bank boosted its stake in AGNC Investment by 7.1% in the fourth quarter. Swiss National Bank now owns 1,538,900 shares of the real estate investment trust’s stock valued at $14,173,000 after acquiring an additional 102,400 shares during the period. Avantax Advisory Services Inc. boosted its stake in AGNC Investment by 27.3% in the fourth quarter. Avantax Advisory Services Inc. now owns 73,898 shares of the real estate investment trust’s stock valued at $681,000 after acquiring an additional 15,850 shares during the period. EverSource Wealth Advisors LLC boosted its stake in AGNC Investment by 21.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 9,949 shares of the real estate investment trust’s stock valued at $92,000 after acquiring an additional 1,776 shares during the period. Finally, HighTower Advisors LLC boosted its stake in AGNC Investment by 9.1% in the fourth quarter. HighTower Advisors LLC now owns 102,955 shares of the real estate investment trust’s stock valued at $948,000 after acquiring an additional 8,597 shares during the period. 38.28% of the stock is currently owned by institutional investors and hedge funds.

AGNC Investment Price Performance

Shares of NASDAQ:AGNC opened at $10.17 on Friday. The stock has a market cap of $9.31 billion, a price-to-earnings ratio of 10.48 and a beta of 1.50. AGNC Investment Corp. has a 12 month low of $8.92 and a 12 month high of $10.85. The stock’s 50 day moving average price is $10.10 and its 200 day moving average price 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 (NASDAQ:AGNC) last posted its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) 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 declared a mar 25 dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st will be issued a $0.12 dividend. The ex-dividend date is Monday, March 31st. This represents a dividend yield of 14.1%. AGNC Investment’s dividend payout ratio is currently 148.45%.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction that occurred 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 directly owns 372,226 shares in the company, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction of $50,500.00. Following the transaction, the director now owns 75,919 shares in the company, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on AGNC. JPMorgan Chase & Co. cut their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a report on Monday, December 9th. Wells Fargo & Company cut their price target on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Argus raised AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $11.00 price target on shares of AGNC Investment in a report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, AGNC Investment 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).