Creative Financial Designs Inc. ADV Trims Stock Position in AGNC Investment Corp. (NASDAQ:AGNC)

Creative Financial Designs Inc. ADV decreased its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 28.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,856 shares of the real estate investment trust’s stock after selling 7,461 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in AGNC Investment were worth $197,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CIBC Asset Management Inc grew its stake in shares of AGNC Investment by 5.4% during the 2nd quarter. CIBC Asset Management Inc now owns 19,712 shares of the real estate investment trust’s stock worth $188,000 after purchasing an additional 1,012 shares during the period. Avantax Advisory Services Inc. boosted its holdings in AGNC Investment by 6.7% during the first quarter. Avantax Advisory Services Inc. now owns 16,847 shares of the real estate investment trust’s stock worth $167,000 after buying an additional 1,059 shares in the last quarter. Paragon Capital Management Ltd grew its position in AGNC Investment by 3.6% during the third quarter. Paragon Capital Management Ltd now owns 30,717 shares of the real estate investment trust’s stock valued at $321,000 after buying an additional 1,071 shares during the period. Highlander Capital Management LLC increased its holdings in AGNC Investment by 8.1% in the first quarter. Highlander Capital Management LLC now owns 15,940 shares of the real estate investment trust’s stock valued at $158,000 after buying an additional 1,200 shares in the last quarter. Finally, Oak Thistle LLC raised its position in shares of AGNC Investment by 4.9% in the second quarter. Oak Thistle LLC now owns 26,815 shares of the real estate investment trust’s stock worth $256,000 after acquiring an additional 1,251 shares during the period. 38.28% of the stock is owned by institutional investors and hedge funds.

AGNC Investment Price Performance

NASDAQ:AGNC opened at $9.31 on Monday. AGNC Investment Corp. has a one year low of $7.85 and a one year high of $10.85. The stock has a market cap of $7.28 billion, a PE ratio of 6.47 and a beta of 1.47. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.27 and a current ratio of 0.27. The stock has a 50 day moving average price of $10.23 and a 200 day moving average price of $9.94.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). The company had revenue of $756.00 million during the quarter, compared to analyst estimates of $219.50 million. AGNC Investment had a return on equity of 24.40% and a net margin of 42.19%. During the same period last year, the business earned $0.65 earnings per share. Equities research analysts expect that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently announced a oct 24 dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be issued a $0.12 dividend. The ex-dividend date is Thursday, October 31st. This represents a yield of 14%. AGNC Investment’s payout ratio is 100.00%.

Analyst Ratings Changes

Several equities analysts recently weighed in on AGNC shares. StockNews.com lowered AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. Compass Point upped their target price on AGNC Investment from $10.25 to $11.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Maxim Group cut shares of AGNC Investment from a “buy” rating to a “hold” rating in a research note on Wednesday, July 24th. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Wednesday, August 28th. Finally, Royal Bank of Canada lifted their target price on shares of AGNC Investment from $10.00 to $11.00 and gave the company an “outperform” rating in a research report on Friday, August 16th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $10.33.

Insider Activity

In other news, CFO Bernice Bell sold 5,000 shares of AGNC Investment stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $10.07, for a total transaction of $50,350.00. Following the sale, the chief financial officer now owns 298,182 shares of the company’s stock, valued at approximately $3,002,692.74. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.52% of the company’s stock.

AGNC Investment 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).