AGNC Investment Corp. (NASDAQ:AGNC) Shares Acquired by Allworth Financial LP

Allworth Financial LP raised its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 5,488.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 317,736 shares of the real estate investment trust's stock after acquiring an additional 312,050 shares during the period. Allworth Financial LP's holdings in AGNC Investment were worth $3,085,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of AGNC. Principal Securities Inc. raised its holdings in AGNC Investment by 7.5% during the 4th quarter. Principal Securities Inc. now owns 57,859 shares of the real estate investment trust's stock valued at $533,000 after buying an additional 4,015 shares during the period. Rhumbline Advisers raised its holdings in AGNC Investment by 4.8% during the 4th quarter. Rhumbline Advisers now owns 729,565 shares of the real estate investment trust's stock valued at $6,719,000 after buying an additional 33,700 shares during the period. Blue Trust Inc. raised its holdings in AGNC Investment by 304.6% during the 4th quarter. Blue Trust Inc. now owns 15,800 shares of the real estate investment trust's stock valued at $146,000 after buying an additional 11,895 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in AGNC Investment by 5.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,662,954 shares of the real estate investment trust's stock valued at $80,392,000 after buying an additional 424,990 shares during the period. Finally, Summit Trail Advisors LLC raised its holdings in AGNC Investment by 42.6% during the 4th quarter. Summit Trail Advisors LLC now owns 14,456 shares of the real estate investment trust's stock valued at $135,000 after buying an additional 4,315 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.

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Insider Activity at AGNC Investment

In related news, Director Frances Spark sold 5,000 shares of the firm's 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 sale, the director now owns 75,919 shares of the company's stock, valued at $766,781.90. This trade represents a 6.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Bernice Bell sold 13,000 shares of the firm's stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the sale, the chief financial officer now directly owns 372,226 shares in the company, valued at approximately $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 corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on AGNC shares. Argus upgraded AGNC Investment to a "hold" rating in a report on Tuesday, February 4th. Wells Fargo & Company reduced their target price on AGNC Investment from $12.00 to $11.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Keefe, Bruyette & Woods reduced their target price on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research note on Wednesday, January 29th. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. reduced their target price on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a research note on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $10.50.

AGNC Investment Stock Up 0.1 %

Shares of AGNC traded up $0.01 during midday trading on Friday, reaching $10.54. 32,458,184 shares of the stock were exchanged, compared to its average volume of 19,638,191. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The company's 50 day moving average is $9.72 and its two-hundred day moving average is $9.91. The company has a market capitalization of $9.33 billion, a P/E ratio of 10.87 and a beta of 1.48.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly 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 return on equity of 21.92% and a net margin of 29.26%. On average, sell-side analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

The company also recently declared a feb 25 dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th will be given a dividend of $0.12 per share. This represents a dividend yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment's payout ratio is 148.45%.

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).