Thompson Siegel & Walmsley LLC grew its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 5.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,897,569 shares of the real estate investment trust's stock after acquiring an additional 105,250 shares during the period. Thompson Siegel & Walmsley LLC owned about 0.21% of AGNC Investment worth $17,477,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of AGNC. Vaughan Nelson Investment Management L.P. grew its stake in AGNC Investment by 200.5% during the 3rd 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 purchasing an additional 9,639,675 shares in the last quarter. PL Capital Advisors LLC lifted 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 worth $50,332,000 after buying an additional 4,871,584 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of AGNC Investment during the 4th quarter worth about $39,840,000. Natixis Advisors LLC increased its holdings in shares of AGNC Investment by 314.8% in the 3rd quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust's stock valued at $40,196,000 after acquiring an additional 2,916,345 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in AGNC Investment by 115.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,912,694 shares of the real estate investment trust's stock worth $20,007,000 after purchasing an additional 1,023,275 shares in the last quarter. Hedge funds and other institutional investors own 38.28% of the company's stock.
Analyst Ratings Changes
Several brokerages have issued reports on AGNC. Keefe, Bruyette & Woods dropped their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a report on Wednesday, January 29th. StockNews.com upgraded AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Wells Fargo & Company lowered 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, Royal Bank of Canada reiterated an "outperform" rating and issued a $11.00 price target on shares of AGNC Investment in a research report on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $10.50.
View Our Latest Research Report on AGNC Investment
AGNC Investment Price Performance
AGNC Investment stock traded up $0.20 during midday trading on Friday, reaching $10.24. The company's stock had a trading volume of 18,400,834 shares, compared to its average volume of 16,016,722. The stock's 50 day simple moving average is $9.98 and its 200 day simple moving average is $9.93. 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 firm has a market capitalization of $9.37 billion, a PE ratio of 10.56 and a beta of 1.50. AGNC Investment Corp. has a fifty-two week low of $8.92 and a fifty-two week high of $10.85.
AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) 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, equities research analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current year.
AGNC Investment Announces Dividend
The company also recently disclosed a mar 25 dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a yield of 14.1%. AGNC Investment's dividend payout ratio is presently 148.45%.
Insiders Place Their Bets
In related news, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction of $50,500.00. Following the completion of the sale, the director now owns 75,919 shares in the company, valued at approximately $766,781.90. This trade represents a 6.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the business's stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total transaction of $130,520.00. Following the completion of the transaction, the chief financial officer now directly owns 372,226 shares of the company's stock, 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. 0.52% of the stock is owned by company insiders.
About AGNC Investment
(
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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