AlphaCentric Advisors LLC Purchases Shares of 38,596 AGNC Investment Corp. (NASDAQ:AGNC)

AlphaCentric Advisors LLC acquired a new position in AGNC Investment Corp. (NASDAQ:AGNC – Get Rating) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 38,596 shares of the real estate investment trust’s stock, valued at approximately $325,000.

Other large investors have also recently modified their holdings of the company. Strs Ohio grew its stake in shares of AGNC Investment by 36.7% in the second quarter. Strs Ohio now owns 198,330 shares of the real estate investment trust’s stock worth $2,195,000 after purchasing an additional 53,296 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of AGNC Investment by 221.1% in the third quarter. International Assets Investment Management LLC now owns 36,042 shares of the real estate investment trust’s stock worth $303,000 after purchasing an additional 24,817 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of AGNC Investment in the third quarter worth about $127,000. Cetera Investment Advisers grew its stake in shares of AGNC Investment by 49.8% in the second quarter. Cetera Investment Advisers now owns 49,371 shares of the real estate investment trust’s stock worth $547,000 after purchasing an additional 16,420 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. grew its stake in shares of AGNC Investment by 87.5% in the third quarter. Newbridge Financial Services Group Inc. now owns 21,973 shares of the real estate investment trust’s stock worth $185,000 after purchasing an additional 10,253 shares during the last quarter. Hedge funds and other institutional investors own 40.87% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on AGNC. UBS Group cut their price objective on AGNC Investment to $8.50 in a research report on Friday, November 4th. Barclays lifted their price objective on AGNC Investment from $9.00 to $12.00 in a research report on Friday, January 6th. BTIG Research cut their price objective on AGNC Investment from $9.50 to $9.00 in a research report on Wednesday, October 26th. StockNews.com began coverage on AGNC Investment in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Finally, Maxim Group lifted their price objective on AGNC Investment from $9.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $10.85.

AGNC Investment Stock Up 2.0 %

NASDAQ AGNC traded up $0.24 during mid-day trading on Thursday, reaching $12.19. The stock had a trading volume of 5,968,101 shares, compared to its average volume of 11,315,623. AGNC Investment Corp. has a 1 year low of $7.30 and a 1 year high of $14.66. The company has a fifty day moving average price of $10.64 and a 200 day moving average price of $10.51. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.25 and a quick ratio of 0.25.

AGNC Investment (NASDAQ:AGNC – Get Rating) last issued its quarterly earnings data on Tuesday, January 31st. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.09. AGNC Investment had a negative net margin of 80.24% and a positive return on equity of 26.52%. The firm had revenue of $25.00 million during the quarter, compared to the consensus estimate of $415.17 million. During the same quarter in the previous year, the firm posted $0.75 EPS. The company’s revenue for the quarter was down 89.9% compared to the same quarter last year. Analysts anticipate that AGNC Investment Corp. will post 2.23 EPS for the current year.

AGNC Investment Dividend Announcement

The company also recently announced a jan 23 dividend, which will be paid on Thursday, February 9th. Investors of record on Tuesday, January 31st will be issued a $0.12 dividend. This represents a yield of 12.7%. The ex-dividend date is Monday, January 30th. AGNC Investment’s dividend payout ratio is currently -56.69%.

AGNC Investment Profile

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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).