Commonwealth Equity Services LLC Boosts Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Commonwealth Equity Services LLC grew its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 4.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 722,434 shares of the real estate investment trust's stock after buying an additional 32,115 shares during the period. Commonwealth Equity Services LLC owned approximately 0.08% of AGNC Investment worth $6,654,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Geode Capital Management LLC lifted its position in AGNC Investment by 2.0% in the third quarter. Geode Capital Management LLC now owns 12,303,616 shares of the real estate investment trust's stock worth $128,730,000 after buying an additional 242,640 shares during the last quarter. 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 worth $80,392,000 after acquiring an additional 424,990 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of AGNC Investment by 8.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust's stock worth $67,690,000 after purchasing an additional 581,352 shares during the period. PL Capital Advisors LLC grew its holdings in AGNC Investment by 821.0% during the 4th quarter. PL Capital Advisors LLC now owns 5,464,956 shares of the real estate investment trust's stock valued at $50,332,000 after purchasing an additional 4,871,584 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in AGNC Investment by 13.4% in the 4th quarter. Victory Capital Management Inc. now owns 4,870,678 shares of the real estate investment trust's stock worth $44,859,000 after purchasing an additional 575,292 shares during the period. 38.28% of the stock is currently owned by institutional investors.

AGNC Investment Stock Down 2.0 %

Shares of NASDAQ AGNC traded down $0.20 during mid-day trading on Tuesday, reaching $9.93. 30,048,738 shares of the company were exchanged, compared to its average volume of 16,232,693. AGNC Investment Corp. has a 1 year low of $8.92 and a 1 year high of $10.85. The firm has a 50-day moving average of $10.12 and a 200 day moving average of $9.93. The stock has a market cap of $9.09 billion, a price-to-earnings ratio of 10.24 and a beta of 1.50. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01.

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

AGNC Investment Dividend Announcement

The company also recently declared a mar 25 dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st will be issued a $0.12 dividend. This represents a yield of 14.1%. The ex-dividend date of this dividend is Monday, March 31st. AGNC Investment's dividend payout ratio is currently 148.45%.

Insider Activity

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

Analyst Ratings Changes

A number of analysts have weighed in on the company. Royal Bank of Canada reiterated an "outperform" rating and issued a $11.00 target price on shares of AGNC Investment in a research note on Thursday, January 30th. JPMorgan Chase & Co. reduced their price target on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a research note on Monday, December 9th. Keefe, Bruyette & Woods lowered their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a research report on Wednesday, January 29th. Wells Fargo & Company reduced their target price on shares of AGNC Investment from $12.00 to $11.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Finally, StockNews.com raised shares of AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, AGNC Investment presently has an average rating of "Moderate Buy" and a consensus price target of $10.50.

AGNC Investment Company 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).