AGNC Investment Corp. (NASDAQ:AGNC) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC lifted its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,303,616 shares of the real estate investment trust's stock after purchasing an additional 242,640 shares during the period. Geode Capital Management LLC owned approximately 1.39% of AGNC Investment worth $128,730,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Vaughan Nelson Investment Management L.P. raised its position in AGNC Investment by 200.5% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust's stock worth $151,113,000 after acquiring an additional 9,639,675 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of AGNC Investment by 2.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 8,237,964 shares of the real estate investment trust's stock worth $86,169,000 after purchasing an additional 189,444 shares during the last quarter. Equity Investment Corp lifted its stake in AGNC Investment by 2.1% in the 3rd quarter. Equity Investment Corp now owns 7,274,167 shares of the real estate investment trust's stock valued at $76,088,000 after buying an additional 149,775 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in AGNC Investment by 2.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,768,305 shares of the real estate investment trust's stock valued at $70,796,000 after buying an additional 162,152 shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in AGNC Investment by 1.0% during the second quarter. Victory Capital Management Inc. now owns 5,316,724 shares of the real estate investment trust's stock worth $50,722,000 after buying an additional 54,153 shares in the last quarter. Hedge funds and other institutional investors own 38.28% of the company's stock.

AGNC Investment Trading Down 2.7 %

AGNC Investment stock traded down $0.26 during midday trading on Wednesday, reaching $9.31. The stock had a trading volume of 20,930,645 shares, compared to its average volume of 14,125,353. The stock has a market capitalization of $8.25 billion, a PE ratio of 6.47 and a beta of 1.47. 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 stock's 50-day simple moving average is $9.78 and its 200 day simple moving average is $9.96. AGNC Investment Corp. has a twelve month low of $8.92 and a twelve month high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.47 by ($0.04). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. 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. Analysts expect that AGNC Investment Corp. will post 1.94 EPS for the current year.

AGNC Investment Dividend Announcement

The firm also recently announced a dec 24 dividend, which will be paid on Friday, January 10th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a dividend yield of 15.1%. AGNC Investment's payout ratio is 100.00%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research report on Wednesday, August 28th. StockNews.com downgraded shares of AGNC Investment from a "hold" rating to a "sell" rating in a research note on Saturday, October 19th. Wells Fargo & Company upgraded AGNC Investment from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $10.00 to $12.00 in a report on Friday, September 20th. Finally, JPMorgan Chase & Co. decreased their price objective on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a report on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $10.44.

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).