Thompson Siegel & Walmsley LLC boosted its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 13.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,792,319 shares of the real estate investment trust's stock after buying an additional 211,950 shares during the quarter. Thompson Siegel & Walmsley LLC owned approximately 0.20% of AGNC Investment worth $18,748,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in AGNC. Riverview Trust Co purchased a new stake in shares of AGNC Investment in the third quarter valued at approximately $25,000. Ashton Thomas Private Wealth LLC bought a new stake in AGNC Investment during the 2nd quarter valued at $31,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of AGNC Investment by 52.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust's stock worth $35,000 after buying an additional 1,255 shares during the period. Blue Trust Inc. grew its position in shares of AGNC Investment by 315.9% during the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust's stock worth $37,000 after buying an additional 2,966 shares in the last quarter. Finally, LRI Investments LLC bought a new stake in shares of AGNC Investment in the first quarter valued at about $38,000. 38.28% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on the company. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research note on Wednesday, August 28th. Royal Bank of Canada raised their price target on shares of 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 research note on Saturday, October 19th. Maxim Group downgraded shares of AGNC Investment from a "buy" rating to a "hold" rating in a research note on Wednesday, July 24th. Finally, Keefe, Bruyette & Woods upped their price target on AGNC Investment from $10.00 to $10.25 and gave the stock an "outperform" rating in a research report on Thursday, July 25th. One 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 company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $10.33.
View Our Latest Analysis on AGNC
AGNC Investment Stock Performance
Shares of AGNC traded up $0.04 during trading hours on Thursday, reaching $9.69. 8,904,368 shares of the company traded hands, compared to its average volume of 14,075,298. The stock has a market capitalization of $8.58 billion, a P/E ratio of 6.73 and a beta of 1.47. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The business has a fifty day moving average price of $10.06 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 posted its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. The firm had revenue of $756.00 million for the quarter, compared to analysts' expectations of $219.50 million. During the same quarter in the previous year, the firm posted $0.65 EPS. Equities analysts anticipate that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.
AGNC Investment Announces Dividend
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. This represents a yield of 14.9%. The ex-dividend date of this dividend is Friday, November 29th. AGNC Investment's dividend payout ratio is presently 100.00%.
AGNC Investment Company Profile
(
Free Report)
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).
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