Jackson Thornton Wealth Management LLC Makes New Investment in AGNC Investment Corp. (NASDAQ:AGNC)

Jackson Thornton Wealth Management LLC purchased a new position in AGNC Investment Corp. (NASDAQ:AGNC) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 12,303 shares of the real estate investment trust’s stock, valued at approximately $113,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in AGNC Investment by 14.1% during the 4th quarter. Vanguard Group Inc. now owns 83,316,872 shares of the real estate investment trust’s stock worth $767,348,000 after buying an additional 10,316,999 shares during the period. LPL Financial LLC raised its holdings in AGNC Investment by 11.9% during the 4th quarter. LPL Financial LLC now owns 1,238,895 shares of the real estate investment trust’s stock worth $11,410,000 after buying an additional 131,954 shares during the period. Samalin Investment Counsel LLC raised its holdings in AGNC Investment by 6.1% during the 4th quarter. Samalin Investment Counsel LLC now owns 61,600 shares of the real estate investment trust’s stock worth $567,000 after buying an additional 3,551 shares during the period. Simplify Asset Management Inc. raised its holdings in AGNC Investment by 8.8% during the 4th quarter. Simplify Asset Management Inc. now owns 143,550 shares of the real estate investment trust’s stock worth $1,322,000 after buying an additional 11,550 shares during the period. Finally, Fox Run Management L.L.C. raised its holdings in AGNC Investment by 102.2% during the 4th quarter. Fox Run Management L.L.C. now owns 32,143 shares of the real estate investment trust’s stock worth $296,000 after buying an additional 16,245 shares during the period. 38.28% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on the company. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. Keefe, Bruyette & Woods cut their price objective on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a report on Wednesday, January 29th. Argus upgraded AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $11.00 target price 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. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $10.50.

AGNC Investment Trading Down 1.2 %

Shares of NASDAQ AGNC opened at $10.17 on Monday. The stock has a market cap of $9.31 billion, a price-to-earnings ratio of 10.48 and a beta of 1.50. The business has a 50 day simple moving average of $10.10 and a 200 day simple moving average of $9.93. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85. 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 (NASDAQ:AGNC) last announced 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 net margin of 29.26% and a return on equity of 21.92%. On average, research analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

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

Insider Activity at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the completion of the sale, the chief financial officer now owns 372,226 shares of the company’s stock, valued at $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frances Spark sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total value of $50,500.00. Following the sale, the director now directly owns 75,919 shares of the company’s stock, valued at $766,781.90. The trade was a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by company insiders.

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).