148,370 AGNC Investment Corp. $AGNC Shares Acquired by Lido Advisors LLC

Lido Advisors LLC increased its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 203.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 221,256 shares of the real estate investment trust’s stock after purchasing an additional 148,370 shares during the period. Lido Advisors LLC’s holdings in AGNC Investment were worth $2,007,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in AGNC. Delta Asset Management LLC TN acquired a new stake in AGNC Investment in the 2nd quarter worth about $25,000. Danske Bank A S purchased a new stake in AGNC Investment in the 2nd quarter valued at about $26,000. MCF Advisors LLC grew its holdings in AGNC Investment by 254.1% in the 2nd quarter. MCF Advisors LLC now owns 2,408 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 1,728 shares during the period. Osbon Capital Management LLC acquired a new position in shares of AGNC Investment during the 2nd quarter valued at about $28,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of AGNC Investment during the 2nd quarter valued at about $28,000. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Peter Federico sold 67,794 shares of the business’s stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $8.87, for a total transaction of $601,332.78. Following the completion of the sale, the chief executive officer owned 1,846,083 shares in the company, valued at approximately $16,374,756.21. The trade was a 3.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.40% of the company’s stock.

AGNC Investment Stock Performance

AGNC Investment stock traded up $0.03 during midday trading on Friday, reaching $8.23. The stock had a trading volume of 30,529,519 shares, compared to its average volume of 26,679,190. The stock’s 50-day simple moving average is $9.15 and its 200 day simple moving average is $10.34. AGNC Investment Corp. has a twelve month low of $8.04 and a twelve month high of $12.19. The stock has a market capitalization of $10.48 billion, a PE ratio of 823.82 and a beta of 1.40.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, October 19th. The real estate investment trust reported $0.37 EPS for the quarter, hitting the consensus estimate of $0.37. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.06 billion. AGNC Investment had a return on equity of 18.74% and a net margin of 2.45%. Equities analysts predict that AGNC Investment Corp. will post 1.56 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 9th. Stockholders of record on Monday, November 30th will be paid a $0.12 dividend. This represents a $1.44 annualized dividend and a dividend yield of 17.5%. The ex-dividend date of this dividend is Monday, November 30th. AGNC Investment’s payout ratio is currently 14,400.00%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on AGNC shares. Keefe, Bruyette & Woods cut their price objective on shares of AGNC Investment from $12.00 to $11.00 and set a “market perform” rating on the stock in a report on Wednesday, July 22nd. Barclays decreased their target price on shares of AGNC Investment from $10.00 to $9.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 21st. Piper Sandler lowered their target price on shares of AGNC Investment from $12.00 to $10.00 and set an “overweight” rating for the company in a report on Friday, October 9th. Weiss Ratings lowered shares of AGNC Investment from a “hold (c+)” rating to a “sell (d+)” rating in a research report on Friday, October 30th. Finally, Wells Fargo & Company dropped their price target on shares of AGNC Investment from $11.00 to $10.00 and set an “overweight” rating for the company in a research report on Wednesday, October 21st. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $10.12.

AGNC Investment Profile

AGNC Investment Corp. is a mortgage real estate investment trust that focuses primarily on investing in agency residential mortgage-backed securities. These securities are backed by mortgages and carry guarantees or support from U.S. government agencies or government-sponsored enterprises. The company’s portfolio includes mortgage pass-through securities and collateralized mortgage obligations. AGNC finances its investments and uses hedging strategies to manage risks associated with interest rates and mortgage markets.