Quantinno Capital Management LP Increases Stock Holdings in AGNC Investment Corp. $AGNC

Quantinno Capital Management LP boosted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 26.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 359,328 shares of the real estate investment trust’s stock after buying an additional 74,226 shares during the period. Quantinno Capital Management LP’s holdings in AGNC Investment were worth $3,604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AGNC. Vanguard Group Inc. increased its holdings in shares of AGNC Investment by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 97,745,127 shares of the real estate investment trust’s stock valued at $1,047,828,000 after acquiring an additional 1,304,782 shares in the last quarter. Geode Capital Management LLC boosted its stake in AGNC Investment by 5.8% in the 4th quarter. Geode Capital Management LLC now owns 29,097,741 shares of the real estate investment trust’s stock worth $312,275,000 after purchasing an additional 1,596,244 shares in the last quarter. State Street Corp boosted its stake in AGNC Investment by 6.4% in the 4th quarter. State Street Corp now owns 18,245,939 shares of the real estate investment trust’s stock worth $197,774,000 after purchasing an additional 1,090,374 shares in the last quarter. Norges Bank purchased a new stake in AGNC Investment during the 4th quarter worth approximately $141,830,000. Finally, Morgan Stanley grew its position in AGNC Investment by 24.3% during the 4th quarter. Morgan Stanley now owns 7,491,585 shares of the real estate investment trust’s stock worth $80,310,000 after purchasing an additional 1,462,468 shares during the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

AGNC Investment Trading Up 2.2%

AGNC opened at $10.84 on Friday. AGNC Investment Corp. has a 12-month low of $9.31 and a 12-month high of $12.19. The firm has a 50 day moving average of $10.69 and a two-hundred day moving average of $10.78. The firm has a market capitalization of $12.85 billion, a PE ratio of 5.71 and a beta of 1.32.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Monday, July 20th. The real estate investment trust reported $0.40 EPS for the quarter, beating 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 the consensus estimate of $1.06 billion. During the same period in the prior year, the firm earned ($0.17) EPS. As a group, analysts predict that AGNC Investment Corp. will post 1.6 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 13.3%. AGNC Investment’s dividend payout ratio (DPR) is presently 75.79%.

Wall Street Analyst Weigh In

AGNC has been the topic of a number of recent analyst reports. UBS Group upped their price target on shares of AGNC Investment from $10.50 to $11.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Wall Street Zen raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Wells Fargo & Company cut their target price on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, July 23rd. Royal Bank Of Canada reissued an “outperform” rating and issued a $12.00 target price on shares of AGNC Investment in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $11.50 price target (up from $11.00) on shares of AGNC Investment in a research report on Friday, July 17th. Three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $11.11.

Insider Buying and Selling at AGNC Investment

In other news, EVP Bernice Bell sold 5,000 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $11.00, for a total value of $55,000.00. Following the completion of the transaction, the executive vice president owned 406,947 shares of the company’s stock, valued at $4,476,417. The trade was a 1.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.40% of the company’s stock.

AGNC Investment Company 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.