AGNC Investment Corp. $AGNC Shares Acquired by Sei Investments Co.

Sei Investments Co. boosted its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 12.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 472,417 shares of the real estate investment trust’s stock after buying an additional 50,909 shares during the period. Sei Investments Co.’s holdings in AGNC Investment were worth $4,738,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AGNC. Avion Wealth lifted its stake in AGNC Investment by 286.3% during the first quarter. Avion Wealth now owns 2,727 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 2,021 shares during the last quarter. Sound Income Strategies LLC boosted its stake in AGNC Investment by 61.1% in the 4th quarter. Sound Income Strategies LLC now owns 2,762 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,048 shares during the period. Flagship Harbor Advisors LLC purchased a new position in shares of AGNC Investment during the fourth quarter valued at $33,000. National Bank of Canada FI increased its holdings in shares of AGNC Investment by 100.9% in the 3rd quarter. National Bank of Canada FI now owns 3,365 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 1,690 shares during the period. Finally, WealthCollab LLC purchased a new stake in AGNC Investment in the 3rd quarter worth approximately $33,000. 38.28% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other AGNC Investment news, EVP Bernice Bell sold 5,000 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $11.00, for a total value of $55,000.00. Following the transaction, the executive vice president owned 406,947 shares in the company, valued at approximately $4,476,417. This represents a 1.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

AGNC has been the subject of several recent research reports. Royal Bank Of Canada reissued an “outperform” rating and issued a $12.00 price target on shares of AGNC Investment in a research note on Friday, April 24th. Keefe, Bruyette & Woods dropped their price objective on shares of AGNC Investment from $12.00 to $11.00 and set a “market perform” rating for the company in a research note on Wednesday, July 22nd. UBS Group lifted their price target on shares of AGNC Investment from $10.50 to $11.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Compass Point cut AGNC Investment from a “buy” rating to a “neutral” rating and set a $11.50 target price on the stock. in a report on Friday, July 17th. Finally, Piper Sandler raised their price target on shares of AGNC Investment from $11.50 to $12.00 and gave the company an “overweight” rating in a report on Thursday, July 2nd. Three research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, AGNC Investment presently has a consensus rating of “Hold” and a consensus target price of $11.11.

AGNC Investment Price Performance

AGNC Investment stock opened at $10.67 on Thursday. The firm has a market cap of $12.65 billion, a PE ratio of 5.62 and a beta of 1.32. The stock’s fifty day moving average price is $10.68 and its two-hundred day moving average price is $10.78. AGNC Investment Corp. has a one year low of $9.31 and a one year high of $12.19.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings results on Monday, July 20th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.02. AGNC Investment had a net margin of 57.94% and a return on equity of 17.96%. The business had revenue of $305.00 million for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the business posted ($0.17) EPS. Sell-side analysts expect that AGNC Investment Corp. will post 1.6 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 11th. Investors of record on Friday, July 31st will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) annualized dividend and a yield of 13.5%. AGNC Investment’s dividend payout ratio (DPR) is currently 75.79%.

AGNC Investment Profile

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.