Atria Wealth Solutions Inc. Increases Stock Position in AGNC Investment Corp. (NASDAQ:AGNC)

Atria Wealth Solutions Inc. increased its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 10.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 452,530 shares of the real estate investment trust's stock after purchasing an additional 43,082 shares during the period. Atria Wealth Solutions Inc. owned 0.05% of AGNC Investment worth $4,204,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. D.A. Davidson & CO. increased its stake in AGNC Investment by 6.6% in the fourth quarter. D.A. Davidson & CO. now owns 23,517 shares of the real estate investment trust's stock valued at $217,000 after purchasing an additional 1,449 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in shares of AGNC Investment by 5.3% in the 4th quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust's stock valued at $197,000 after buying an additional 1,075 shares in the last quarter. Sanctuary Advisors LLC grew its position in shares of AGNC Investment by 12.6% in the 4th quarter. Sanctuary Advisors LLC now owns 44,953 shares of the real estate investment trust's stock valued at $453,000 after buying an additional 5,022 shares during the last quarter. Retirement Income Solutions Inc raised its stake in AGNC Investment by 27.3% during the 4th quarter. Retirement Income Solutions Inc now owns 13,380 shares of the real estate investment trust's stock worth $123,000 after acquiring an additional 2,873 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its position in AGNC Investment by 14.5% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 255,789 shares of the real estate investment trust's stock valued at $2,356,000 after acquiring an additional 32,481 shares during the last quarter. Hedge funds and other institutional investors own 38.28% of the company's stock.

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Insider Activity

In related news, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction on Thursday, January 30th. The stock was 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 approximately $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Frances Spark sold 5,000 shares of the company's stock in a transaction 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 disclosure for this sale can be found here. Insiders own 0.52% of the company's stock.

Analysts Set New Price Targets

AGNC has been the topic of several research reports. Royal Bank of Canada reaffirmed an "outperform" rating and set a $11.00 price objective on shares of AGNC Investment in a report on Thursday, January 30th. Argus upgraded AGNC Investment to a "hold" rating in a research note on Tuesday, February 4th. Keefe, Bruyette & Woods reduced their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a research note on Wednesday, January 29th. JPMorgan Chase & Co. lowered their target price on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a research report on Monday, December 9th. Finally, JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. 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 company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $10.50.

AGNC Investment Stock Performance

AGNC traded down $0.05 during trading on Monday, hitting $10.49. The stock had a trading volume of 24,653,350 shares, compared to its average volume of 19,781,752. The firm has a market capitalization of $9.29 billion, a P/E ratio of 10.81 and a beta of 1.48. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. AGNC Investment Corp. has a twelve month low of $8.92 and a twelve month high of $10.85. The company's 50-day moving average price is $9.74 and its 200 day moving average price is $9.91.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued 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, equities research analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently announced a feb 25 dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.12 per share. This represents a dividend yield of 13.8%. The ex-dividend date of this dividend is Friday, February 28th. AGNC Investment's dividend payout ratio (DPR) is 148.46%.

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).