CFO4Life Group LLC Purchases 9,806 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

CFO4Life Group LLC boosted its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 66.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,537 shares of the real estate investment trust’s stock after buying an additional 9,806 shares during the quarter. CFO4Life Group LLC’s holdings in AGNC Investment were worth $226,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in AGNC. Vaughan Nelson Investment Management L.P. grew its position in shares of AGNC Investment by 200.5% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock worth $151,113,000 after buying an additional 9,639,675 shares during the last quarter. Geode Capital Management LLC boosted its holdings in AGNC Investment by 2.0% in the third 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 acquiring an additional 242,640 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in AGNC Investment by 5.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,662,954 shares of the real estate investment trust’s stock valued at $80,392,000 after purchasing an additional 424,990 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in AGNC Investment by 8.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust’s stock worth $67,690,000 after purchasing an additional 581,352 shares in the last quarter. Finally, Equity Investment Corp lifted its position in shares of AGNC Investment by 2.1% in the 3rd quarter. Equity Investment Corp now owns 7,274,167 shares of the real estate investment trust’s stock worth $76,088,000 after purchasing an additional 149,775 shares during the period. Hedge funds and other institutional investors own 38.28% of the company’s stock.

Insider Buying and Selling

In related news, Director Frances Spark sold 5,000 shares of the stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction 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. This trade represents a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Bernice Bell sold 13,000 shares of the business’s stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the transaction, the chief financial officer now directly owns 372,226 shares of the company’s stock, valued at approximately $3,737,149.04. This trade represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. 0.52% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on AGNC. JPMorgan Chase & Co. decreased their price target on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research note on Monday, December 9th. Wells Fargo & Company decreased their target price on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Keefe, Bruyette & Woods dropped their price target on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research report on Wednesday, January 29th. Argus raised AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, AGNC Investment presently has an average rating of “Moderate Buy” and a consensus price target of $10.50.

AGNC Investment Trading Down 0.5 %

NASDAQ AGNC opened at $10.04 on Friday. AGNC Investment Corp. has a 12 month low of $8.92 and a 12 month high of $10.85. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average price is $9.96 and its 200-day moving average price is $9.93. The stock has a market cap of $9.19 billion, a P/E ratio of 10.35 and a beta of 1.50.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data 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%. As a group, equities analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

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 given a dividend of $0.12 per share. AGNC Investment’s dividend payout ratio (DPR) is currently 148.45%.

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).