Atria Wealth Solutions Inc. Acquires 41,158 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Atria Wealth Solutions Inc. increased its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 41.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 140,033 shares of the real estate investment trust’s stock after purchasing an additional 41,158 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in AGNC Investment were worth $1,377,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of AGNC. Vaughan Nelson Investment Management L.P. bought a new position in shares of AGNC Investment during the fourth quarter valued at $38,593,000. Clearbridge Investments LLC lifted its holdings in shares of AGNC Investment by 85.6% during the third quarter. Clearbridge Investments LLC now owns 7,301,298 shares of the real estate investment trust’s stock valued at $68,924,000 after purchasing an additional 3,367,112 shares in the last quarter. Dupree Financial Group LLC bought a new position in shares of AGNC Investment during the fourth quarter valued at $21,370,000. Artemis Investment Management LLP bought a new position in shares of AGNC Investment during the fourth quarter valued at $10,648,000. Finally, Wellington Management Group LLP lifted its holdings in shares of AGNC Investment by 1,401.6% during the third quarter. Wellington Management Group LLP now owns 1,112,977 shares of the real estate investment trust’s stock valued at $10,507,000 after purchasing an additional 1,038,856 shares in the last quarter. 38.28% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on AGNC shares. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a report on Thursday, April 18th. Compass Point started coverage on AGNC Investment in a report on Tuesday, February 20th. They issued a “buy” rating and a $10.25 target price on the stock. Barclays increased their target price on AGNC Investment from $8.00 to $9.00 and gave the company an “equal weight” rating in a report on Monday, January 22nd. StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, March 12th. Finally, Keefe, Bruyette & Woods lowered their target price on AGNC Investment from $10.00 to $9.50 and set an “outperform” rating on the stock in a report on Wednesday, April 24th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, AGNC Investment has an average rating of “Moderate Buy” and an average target price of $9.79.

AGNC Investment Stock Up 1.1 %

NASDAQ AGNC opened at $9.25 on Thursday. The stock’s 50-day moving average price is $9.54 and its 200-day moving average price is $9.27. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 52 week low of $6.81 and a 52 week high of $10.64. The company has a market capitalization of $6.43 billion, a P/E ratio of 10.16 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.02. AGNC Investment had a return on equity of 27.92% and a net margin of 32.12%. The firm had revenue of $642.00 million during the quarter, compared to analysts’ expectations of $568.38 million. During the same quarter last year, the business posted $0.70 earnings per share. On average, equities research analysts predict that AGNC Investment Corp. will post 2.1 earnings per share for the current year.

AGNC Investment Announces Dividend

The firm also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 30th will be given a dividend of $0.12 per share. This represents a dividend yield of 15.4%. The ex-dividend date of this dividend is Monday, April 29th. AGNC Investment’s dividend payout ratio is currently 158.24%.

Insider Buying and Selling

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total transaction of $46,750.00. Following the completion of the transaction, the director now owns 75,545 shares in the company, valued at approximately $706,345.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.43% 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).