AGNC Investment Corp. (NASDAQ:AGNC) Stock Position Raised by Magnus Financial Group LLC

Magnus Financial Group LLC grew its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 189.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,885 shares of the real estate investment trust’s stock after buying an additional 20,206 shares during the quarter. Magnus Financial Group LLC’s holdings in AGNC Investment were worth $284,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in AGNC. Vaughan Nelson Investment Management L.P. lifted its stake in AGNC Investment by 200.5% in the third 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 acquiring an additional 9,639,675 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of AGNC Investment by 2.0% during the 3rd 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 in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of AGNC Investment by 2.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 8,237,964 shares of the real estate investment trust’s stock valued at $86,169,000 after purchasing an additional 189,444 shares during the last quarter. Equity Investment Corp increased its position in AGNC Investment by 2.1% during the third quarter. Equity Investment Corp now owns 7,274,167 shares of the real estate investment trust’s stock worth $76,088,000 after buying an additional 149,775 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in 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 in the last quarter. Institutional investors own 38.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. JPMorgan Chase & Co. decreased their target price on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research report on Monday, December 9th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat, AGNC Investment presently has a consensus rating of “Moderate Buy” and a consensus price target of $10.64.

AGNC Investment Stock Performance

Shares of NASDAQ AGNC opened at $9.71 on Thursday. AGNC Investment Corp. has a 12 month low of $8.92 and a 12 month high of $10.85. The company has a market cap of $8.60 billion, a P/E ratio of 6.74 and a beta of 1.47. The business’s 50 day moving average is $9.50 and its two-hundred day moving average is $9.90. 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 (NASDAQ:AGNC) last announced 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). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. The company had revenue of $756.00 million for the quarter, compared to the consensus estimate of $219.50 million. During the same period last year, the firm posted $0.65 EPS. On average, equities analysts expect that AGNC Investment Corp. will post 1.94 EPS for the current year.

AGNC Investment Announces Dividend

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

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).