Stifel Financial Corp Boosts Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Stifel Financial Corp raised its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 22.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 810,183 shares of the real estate investment trust's stock after buying an additional 149,448 shares during the quarter. Stifel Financial Corp owned about 0.09% of AGNC Investment worth $7,462,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Life Planners acquired a new stake in AGNC Investment in the fourth quarter valued at $28,000. National Bank of Canada FI grew its stake in AGNC Investment by 112.7% in the 4th 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 period. Spire Wealth Management boosted its stake in AGNC Investment by 94.5% in the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock worth $37,000 after buying an additional 1,972 shares during the last quarter. Strategic Investment Solutions Inc. IL raised its stake in AGNC Investment by 150.0% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 5,000 shares of the real estate investment trust's stock worth $46,000 after purchasing an additional 3,000 shares during the period. Finally, Front Row Advisors LLC boosted its holdings in AGNC Investment by 75.0% in the fourth quarter. Front Row Advisors LLC now owns 7,000 shares of the real estate investment trust's stock valued at $65,000 after acquiring an additional 3,000 shares during the last quarter. Hedge funds and other institutional investors own 38.28% of the company's stock.

Insider Buying and Selling at AGNC Investment

In related news, CEO Peter J. Federico sold 48,333 shares of the business's stock in a transaction that occurred on Friday, April 25th. The shares were sold at an average price of $8.70, for a total transaction of $420,497.10. Following the completion of the sale, the chief executive officer now directly owns 1,691,421 shares in the company, valued at approximately $14,715,362.70. The trade was a 2.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Kenneth L. Pollack sold 17,500 shares of AGNC Investment stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $9.03, for a total value of $158,025.00. Following the transaction, the executive vice president now directly owns 447,841 shares in the company, valued at approximately $4,044,004.23. The trade was a 3.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 132,166 shares of company stock worth $1,188,739. 0.42% of the stock is owned by insiders.

AGNC Investment Stock Performance

NASDAQ AGNC traded up $0.05 during trading on Tuesday, hitting $9.07. 37,478,608 shares of the company's stock traded hands, compared to its average volume of 19,275,911. The stock has a market capitalization of $8.30 billion, a price-to-earnings ratio of 9.35 and a beta of 1.32. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The business has a 50 day moving average of $9.50 and a 200-day moving average of $9.64. AGNC Investment Corp. has a 12-month low of $7.85 and a 12-month high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its earnings results 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. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. The company had revenue of $846.00 million during the quarter, compared to analyst estimates of $436.71 million. During the same period in the previous year, the business earned $0.58 earnings per share. As a group, equities research analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently disclosed a apr 25 dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.12 per share. This represents a yield of 17.7%. The ex-dividend date is Wednesday, April 30th. AGNC Investment's dividend payout ratio is currently 360.00%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on AGNC shares. StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. Royal Bank of Canada dropped their price target on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research note on Tuesday. Argus restated a "hold" rating on shares of AGNC Investment in a research report on Tuesday. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Finally, Jones Trading dropped their price target on AGNC Investment from $10.25 to $9.50 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, AGNC Investment currently has a consensus rating of "Moderate Buy" and a consensus price target of $9.96.

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).