Beck Capital Management LLC Has $6.18 Million Stake in AGNC Investment Corp. (NASDAQ:AGNC)

Beck Capital Management LLC raised its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 10.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 591,169 shares of the real estate investment trust’s stock after acquiring an additional 53,882 shares during the quarter. AGNC Investment makes up 1.7% of Beck Capital Management LLC’s portfolio, making the stock its 18th largest holding. Beck Capital Management LLC owned about 0.07% of AGNC Investment worth $6,184,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its stake in AGNC Investment by 2.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,768,305 shares of the real estate investment trust’s stock worth $70,796,000 after purchasing an additional 162,152 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in AGNC Investment by 200.5% during 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 acquiring an additional 9,639,675 shares during the last quarter. US Bancorp DE increased its position in AGNC Investment by 279.0% in the 3rd quarter. US Bancorp DE now owns 239,493 shares of the real estate investment trust’s stock valued at $2,505,000 after acquiring an additional 176,301 shares in the last quarter. Equity Investment Corp raised its stake in shares of AGNC Investment by 2.1% in the third quarter. Equity Investment Corp now owns 7,274,167 shares of the real estate investment trust’s stock worth $76,088,000 after acquiring an additional 149,775 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of AGNC Investment by 945.2% during the third quarter. International Assets Investment Management LLC now owns 1,072,039 shares of the real estate investment trust’s stock worth $102,489,000 after purchasing an additional 969,475 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Stock Performance

AGNC opened at $9.66 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The company has a market capitalization of $8.56 billion, a price-to-earnings ratio of 6.71 and a beta of 1.47. The business’s 50-day moving average price is $9.95 and its two-hundred day moving average price is $9.97. AGNC Investment Corp. has a 1 year low of $8.79 and a 1 year high of $10.85.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.04). The firm had revenue of $756.00 million during the quarter, compared to the consensus estimate of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same quarter in the previous year, the firm posted $0.65 EPS. Equities analysts expect that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 29th will be paid a $0.12 dividend. The ex-dividend date is Friday, November 29th. This represents a yield of 14.9%. AGNC Investment’s payout ratio is currently 100.00%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Wells Fargo & Company upgraded shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $10.00 to $12.00 in a research report on Friday, September 20th. StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a report on Wednesday, August 28th. Finally, Royal Bank of Canada upped their target price on shares of AGNC Investment from $10.00 to $11.00 and gave the company an “outperform” rating in a research report on Friday, August 16th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, AGNC Investment presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.33.

About AGNC Investment

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).