AGNC Investment Corp. $AGNC Shares Purchased by Ethic Inc.

Ethic Inc. increased its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 7.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 77,340 shares of the real estate investment trust’s stock after acquiring an additional 5,587 shares during the period. Ethic Inc.’s holdings in AGNC Investment were worth $734,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Hsbc Holdings PLC grew its holdings in AGNC Investment by 5.6% during the fourth quarter. Hsbc Holdings PLC now owns 18,259 shares of the real estate investment trust’s stock worth $168,000 after acquiring an additional 970 shares during the period. Kovack Advisors Inc. grew its holdings in AGNC Investment by 0.5% during the first quarter. Kovack Advisors Inc. now owns 222,310 shares of the real estate investment trust’s stock worth $2,130,000 after acquiring an additional 1,186 shares during the period. CoreCap Advisors LLC grew its holdings in AGNC Investment by 34.8% during the fourth quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 1,229 shares during the period. IFP Advisors Inc grew its holdings in AGNC Investment by 24.2% during the first quarter. IFP Advisors Inc now owns 6,479 shares of the real estate investment trust’s stock worth $62,000 after acquiring an additional 1,261 shares during the period. Finally, HB Wealth Management LLC grew its holdings in AGNC Investment by 9.2% during the first quarter. HB Wealth Management LLC now owns 15,316 shares of the real estate investment trust’s stock worth $147,000 after acquiring an additional 1,296 shares during the period. 38.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on AGNC shares. Wall Street Zen lowered AGNC Investment from a “hold” rating to a “sell” rating in a report on Tuesday, May 6th. UBS Group lifted their price target on AGNC Investment from $8.50 to $9.50 and gave the stock a “neutral” rating in a research note on Thursday, July 10th. Argus reissued a “hold” rating on shares of AGNC Investment in a research note on Tuesday, April 29th. Royal Bank Of Canada dropped their price target on AGNC Investment from $11.00 to $10.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 29th. Finally, Jones Trading reissued a “buy” rating and issued a $9.50 price target on shares of AGNC Investment in a research note on Tuesday, July 22nd. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $9.58.

AGNC Investment Trading Up 1.0%

Shares of NASDAQ AGNC opened at $9.71 on Thursday. AGNC Investment Corp. has a one year low of $7.85 and a one year high of $10.85. The firm has a market capitalization of $10.12 billion, a PE ratio of 28.56 and a beta of 1.28. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average price of $9.42 and a two-hundred day moving average price of $9.43.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Monday, July 21st. The real estate investment trust reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). AGNC Investment had a return on equity of 19.32% and a net margin of 11.50%.The business had revenue of $830.00 million for the quarter, compared to analyst estimates of $447.37 million. During the same quarter in the previous year, the business posted $0.53 earnings per share. As a group, analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Friday, August 29th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, August 29th. This represents a c) dividend on an annualized basis and a yield of 14.8%. AGNC Investment’s dividend payout ratio (DPR) is presently 423.53%.

Insider Transactions at AGNC Investment

In other news, Director Paul E. Mullings sold 11,000 shares of AGNC Investment stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $9.61, for a total transaction of $105,710.00. Following the completion of the sale, the director directly owned 128,511 shares in the company, valued at $1,234,990.71. The trade was a 7.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John D. Fisk sold 20,278 shares of AGNC Investment stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $9.65, for a total value of $195,682.70. Following the sale, the director owned 112,685 shares of the company’s stock, valued at approximately $1,087,410.25. This represents a 15.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.42% 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).