Advisors Asset Management Inc. Increases Stock Position in AGNC Investment Corp. (NASDAQ:AGNC)

Advisors Asset Management Inc. increased its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 27.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,248,619 shares of the real estate investment trust's stock after acquiring an additional 268,549 shares during the period. Advisors Asset Management Inc. owned about 0.14% of AGNC Investment worth $13,061,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. CIBC Asset Management Inc boosted its holdings in AGNC Investment by 5.4% in the 2nd quarter. CIBC Asset Management Inc now owns 19,712 shares of the real estate investment trust's stock worth $188,000 after buying an additional 1,012 shares during the period. Avantax Advisory Services Inc. lifted its position in shares of AGNC Investment by 6.7% during the first quarter. Avantax Advisory Services Inc. now owns 16,847 shares of the real estate investment trust's stock worth $167,000 after acquiring an additional 1,059 shares in the last quarter. Paragon Capital Management Ltd boosted its holdings in shares of AGNC Investment by 3.6% in the third quarter. Paragon Capital Management Ltd now owns 30,717 shares of the real estate investment trust's stock worth $321,000 after acquiring an additional 1,071 shares during the period. Highlander Capital Management LLC grew its position in shares of AGNC Investment by 8.1% in the first quarter. Highlander Capital Management LLC now owns 15,940 shares of the real estate investment trust's stock valued at $158,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Oak Thistle LLC raised its stake in shares of AGNC Investment by 4.9% during the 2nd quarter. Oak Thistle LLC now owns 26,815 shares of the real estate investment trust's stock valued at $256,000 after purchasing an additional 1,251 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.

AGNC Investment Price Performance

AGNC stock traded down $0.02 during mid-day trading on Wednesday, hitting $9.65. 15,250,250 shares of the stock were exchanged, compared to its average volume of 14,090,838. 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 stock has a market capitalization of $8.55 billion, a price-to-earnings ratio of 6.71 and a beta of 1.47. The business has a fifty day moving average price of $10.07 and a 200 day moving average price of $9.97. AGNC Investment Corp. has a 12 month low of $8.57 and a 12 month high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 EPS for the quarter, missing analysts' consensus estimates of $0.47 by ($0.04). The business had revenue of $756.00 million for 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 business earned $0.65 earnings per share. On average, sell-side analysts anticipate that AGNC Investment Corp. will post 1.94 EPS for the current 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 given a dividend of $0.12 per share. The ex-dividend date is Friday, November 29th. This represents a yield of 14.9%. AGNC Investment's payout ratio is 100.00%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Royal Bank of Canada lifted their target price on AGNC Investment from $10.00 to $11.00 and gave the company an "outperform" rating in a report on Friday, August 16th. StockNews.com lowered shares of AGNC Investment from a "hold" rating to a "sell" rating in a report on Saturday, October 19th. Compass Point raised their price target on shares of AGNC Investment from $10.25 to $11.00 and gave the company a "buy" rating in a report on Wednesday, July 24th. Maxim Group cut shares of AGNC Investment from a "buy" rating to a "hold" rating in a report on Wednesday, July 24th. Finally, JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a research note on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, four have assigned 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 price target 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).