Farringdon Capital Ltd. Invests $639,000 in AGNC Investment Corp. (NASDAQ:AGNC)

Farringdon Capital Ltd. bought a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 69,368 shares of the real estate investment trust's stock, valued at approximately $639,000.

Other hedge funds have also recently modified their holdings of the company. Financial Life Planners purchased a new stake in AGNC Investment during the 4th quarter worth approximately $28,000. National Bank of Canada FI boosted its stake in shares of AGNC Investment by 112.7% in the fourth quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 1,832 shares during the last quarter. Spire Wealth Management increased its position in shares of AGNC Investment by 94.5% during the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 1,972 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in AGNC Investment by 775.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust's stock valued at $54,000 after purchasing an additional 515,148 shares during the last quarter. Finally, Front Row Advisors LLC lifted its holdings in AGNC Investment by 75.0% in the 4th quarter. Front Row Advisors LLC now owns 7,000 shares of the real estate investment trust's stock valued at $65,000 after purchasing an additional 3,000 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

Analyst Upgrades and Downgrades

AGNC has been the subject of a number of recent research reports. StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a research report on Tuesday, February 25th. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. Royal Bank of Canada restated an "outperform" rating and set a $11.00 target price on shares of AGNC Investment in a report on Thursday, January 30th. JPMorgan Chase & Co. cut their price target on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating for the company in a report on Wednesday. Finally, Keefe, Bruyette & Woods lowered their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research note on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $10.36.

AGNC Investment Trading Up 0.5 %

AGNC traded up $0.04 during mid-day trading on Friday, hitting $8.34. 39,122,252 shares of the stock were exchanged, compared to its average volume of 18,687,434. The firm's fifty day moving average is $9.74 and its two-hundred day moving average is $9.72. AGNC Investment Corp. has a 1-year low of $7.85 and a 1-year high of $10.85. The company has a market cap of $7.63 billion, a PE ratio of 8.60 and a beta of 1.32. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. Equities analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently disclosed a apr 25 dividend, which will be paid on Friday, May 9th. Stockholders of record on Wednesday, April 30th will be given a dividend of $0.12 per share. This represents a dividend yield of 17.7%. The ex-dividend date of this dividend is Wednesday, April 30th. AGNC Investment's dividend payout ratio is currently 148.45%.

Insider Activity

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the sale, the chief financial officer now directly owns 372,226 shares of the company's stock, valued at approximately $3,737,149.04. This represents a 3.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction of $50,500.00. Following the sale, the director now directly owns 75,919 shares of the company's stock, valued at approximately $766,781.90. This trade represents a 6.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.42% of the company's stock.

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).