18,308 Shares in AGNC Investment Corp. (NASDAQ:AGNC) Bought by Kingstone Capital Partners Texas LLC

Kingstone Capital Partners Texas LLC acquired a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 18,308 shares of the real estate investment trust’s stock, valued at approximately $169,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of AGNC Investment by 14.1% during the 4th quarter. Vanguard Group Inc. now owns 83,316,872 shares of the real estate investment trust’s stock valued at $767,348,000 after purchasing an additional 10,316,999 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of AGNC Investment by 18.8% in the 4th quarter. Geode Capital Management LLC now owns 14,614,721 shares of the real estate investment trust’s stock valued at $134,645,000 after acquiring an additional 2,311,105 shares during the last quarter. Norges Bank bought a new position in shares of AGNC Investment in the 4th quarter valued at about $87,269,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of AGNC Investment by 5.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,662,954 shares of the real estate investment trust’s stock valued at $80,392,000 after acquiring an additional 424,990 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of AGNC Investment by 8.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust’s stock valued at $67,690,000 after acquiring an additional 581,352 shares during the last quarter. Institutional investors own 38.28% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Keefe, Bruyette & Woods lowered their price target on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a report on Wednesday, January 29th. Argus reaffirmed a “hold” rating on shares of AGNC Investment in a report on Tuesday, April 29th. Wall Street Zen downgraded shares of AGNC Investment from a “hold” rating to a “sell” rating in a report on Tuesday, May 6th. Royal Bank of Canada lowered their price target on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating for the company in a report on Tuesday, April 29th. Finally, JPMorgan Chase & Co. lowered their price target on shares of AGNC Investment from $9.50 to $8.50 and set an “overweight” rating for the company in a report on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $9.96.

AGNC Investment Stock Up 0.3%

Shares of NASDAQ AGNC opened at $8.84 on Friday. 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 cap of $9.02 billion, a P/E ratio of 9.11 and a beta of 1.30. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.85. The firm has a 50-day simple moving average of $9.00 and a two-hundred day simple moving average of $9.52.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. The business had revenue of $846.00 million during the quarter, compared to the consensus estimate of $436.71 million. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. During the same quarter last year, the firm earned $0.58 earnings per share. Research analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The business also recently announced a may 25 dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 30th will be given a dividend of $0.12 per share. This represents a dividend yield of 16.2%. The ex-dividend date is Friday, May 30th. AGNC Investment’s dividend payout ratio (DPR) is presently 360.00%.

Insider Transactions at AGNC Investment

In other news, Director Donna Blank sold 17,218 shares of the firm’s stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $8.67, for a total transaction of $149,280.06. Following the transaction, the director now directly owns 90,345 shares of the company’s stock, valued at approximately $783,291.15. This trade represents a 16.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Bernice Bell sold 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $8.88, for a total transaction of $71,040.00. Following the transaction, the executive vice president now directly owns 374,019 shares in the company, valued at approximately $3,321,288.72. This trade represents a 2.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 139,384 shares of company stock valued at $1,228,039. 0.42% of the stock is currently owned by company insiders.

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).