AGNC Investment Corp. $AGNC Shares Purchased by MGO One Seven LLC

MGO One Seven LLC increased its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 481.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 109,315 shares of the real estate investment trust’s stock after purchasing an additional 90,511 shares during the quarter. MGO One Seven LLC’s holdings in AGNC Investment were worth $1,005,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of AGNC. Kovack Advisors Inc. raised its position in AGNC Investment by 0.5% in 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 in the last quarter. CreativeOne Wealth LLC increased its position in shares of AGNC Investment by 9.7% in the first quarter. CreativeOne Wealth LLC now owns 13,986 shares of the real estate investment trust’s stock valued at $134,000 after buying an additional 1,237 shares in the last quarter. MetLife Investment Management LLC increased its position in shares of AGNC Investment by 8.8% in the first quarter. MetLife Investment Management LLC now owns 15,548 shares of the real estate investment trust’s stock valued at $149,000 after buying an additional 1,256 shares in the last quarter. IFP Advisors Inc increased its position in shares of AGNC Investment by 24.2% in the first quarter. IFP Advisors Inc now owns 6,479 shares of the real estate investment trust’s stock valued at $62,000 after buying an additional 1,261 shares in the last quarter. Finally, HB Wealth Management LLC increased its position in shares of AGNC Investment by 9.2% in the first quarter. HB Wealth Management LLC now owns 15,316 shares of the real estate investment trust’s stock valued at $147,000 after buying an additional 1,296 shares in the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.

AGNC Investment Trading Down 1.0%

AGNC Investment stock opened at $9.92 on Friday. The stock has a market cap of $10.33 billion, a PE ratio of 29.18 and a beta of 1.32. The stock has a 50-day moving average price of $9.90 and a 200 day moving average price of $9.37. AGNC Investment Corp. has a 52 week low of $7.85 and a 52 week high of $10.63. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $0.38 earnings per share (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 during the quarter, compared to analyst estimates of $447.37 million. During the same period in the previous year, the business posted $0.53 earnings per share. Equities research 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 declared a oct 25 dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be paid a $0.12 dividend. This represents a yield of 1,417.0%. The ex-dividend date of this dividend is Friday, October 31st. AGNC Investment’s dividend payout ratio (DPR) is presently 423.53%.

Insider Transactions at AGNC Investment

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on AGNC shares. Piper Sandler raised their price target on AGNC Investment from $10.00 to $10.50 and gave the company an “overweight” rating in a research report on Wednesday, October 8th. UBS Group raised their price target on AGNC Investment from $9.50 to $9.75 and gave the company a “neutral” rating in a research report on Wednesday, September 3rd. Keefe, Bruyette & Woods raised their price target on AGNC Investment from $9.50 to $10.00 and gave the company an “outperform” rating in a research report on Thursday, July 10th. Jones Trading restated a “buy” rating and issued a $9.50 price target on shares of AGNC Investment in a research report on Tuesday, July 22nd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of AGNC Investment in a research report on Wednesday, October 8th. Six equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $9.75.

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).