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Beck Capital Management LLC Boosts Stake in AGNC Investment Corp. (NASDAQ:AGNC)

AGNC Investment logo with Finance background

Beck Capital Management LLC grew its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 10.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 591,169 shares of the real estate investment trust's stock after buying an additional 53,882 shares during the quarter. AGNC Investment comprises 1.7% of Beck Capital Management LLC's investment portfolio, making the stock its 18th biggest holding. Beck Capital Management LLC owned 0.07% of AGNC Investment worth $6,184,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Riverview Trust Co acquired a new position in AGNC Investment during the third quarter worth about $25,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of AGNC Investment in the 2nd quarter worth approximately $31,000. Northwestern Mutual Wealth Management Co. increased its stake in 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 valued at $35,000 after purchasing an additional 1,255 shares in the last quarter. Blue Trust Inc. raised its holdings in AGNC Investment by 315.9% during the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 2,966 shares during the last quarter. Finally, Quarry LP boosted its position in AGNC Investment by 75.6% during the second quarter. Quarry LP now owns 5,285 shares of the real estate investment trust's stock worth $50,000 after purchasing an additional 2,275 shares in the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on AGNC. StockNews.com cut AGNC Investment from a "hold" rating to a "sell" rating in a research report on Saturday, October 19th. Royal Bank of Canada upped 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. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a research note on Wednesday, August 28th. Finally, Wells Fargo & Company raised AGNC Investment from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $10.00 to $12.00 in a research note on Friday, September 20th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, AGNC Investment currently has a consensus rating of "Moderate Buy" and a consensus price target of $10.33.

View Our Latest Stock Analysis on AGNC

AGNC Investment Trading Down 0.6 %

Shares of AGNC stock traded down $0.06 during mid-day trading on Monday, hitting $9.60. 14,337,151 shares of the company's stock were exchanged, compared to its average volume of 14,090,075. The stock has a market cap of $8.50 billion, a price-to-earnings ratio of 6.67 and a beta of 1.47. The stock has a 50-day simple moving average of $9.95 and a two-hundred day simple moving average of $9.97. AGNC Investment Corp. has a fifty-two week low of $8.85 and a fifty-two week high of $10.85. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01.

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 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.04). The business had revenue of $756.00 million during the quarter, compared to analysts' expectations of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same quarter last year, the firm earned $0.65 EPS. Equities analysts expect that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Investors 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 (DPR) is 100.00%.

AGNC Investment 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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Institutional Ownership by Quarter for AGNC Investment (NASDAQ:AGNC)

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