BNP Paribas Financial Markets Has $9.93 Million Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

BNP Paribas Financial Markets increased its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 383.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 949,369 shares of the real estate investment trust's stock after acquiring an additional 753,102 shares during the quarter. BNP Paribas Financial Markets owned about 0.11% of AGNC Investment worth $9,930,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. CIBC Asset Management Inc lifted its stake in shares of AGNC Investment by 5.4% in the 2nd quarter. CIBC Asset Management Inc now owns 19,712 shares of the real estate investment trust's stock valued at $188,000 after purchasing an additional 1,012 shares during the period. Paragon Capital Management Ltd increased its holdings in AGNC Investment by 3.6% in the third quarter. Paragon Capital Management Ltd now owns 30,717 shares of the real estate investment trust's stock valued at $321,000 after purchasing an additional 1,071 shares during the last quarter. Oak Thistle LLC lifted its stake in AGNC Investment by 4.9% in the second quarter. Oak Thistle LLC now owns 26,815 shares of the real estate investment trust's stock valued at $256,000 after buying an additional 1,251 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in AGNC Investment by 52.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust's stock worth $35,000 after buying an additional 1,255 shares during the last quarter. Finally, Hollencrest Capital Management grew its position in shares of AGNC Investment by 0.6% during the 3rd quarter. Hollencrest Capital Management now owns 222,450 shares of the real estate investment trust's stock worth $2,327,000 after buying an additional 1,290 shares during the period. Institutional investors own 38.28% of the company's stock.

AGNC Investment Stock Down 0.6 %

Shares of NASDAQ:AGNC traded down $0.06 during midday trading on Monday, reaching $9.60. The company had a trading volume of 14,334,175 shares, compared to its average volume of 14,090,075. The business's 50 day moving average price is $9.95 and its 200 day moving average price is $9.97. AGNC Investment Corp. has a 1-year low of $8.85 and a 1-year 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. The stock has a market cap of $8.50 billion, a PE ratio of 6.67 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). The firm had revenue of $756.00 million during the quarter, compared to the consensus estimate of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same period in the prior year, the business posted $0.65 earnings per share. Research analysts forecast that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently announced a nov 24 dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 29th will be paid a $0.12 dividend. The ex-dividend date is Friday, November 29th. This represents a yield of 14.9%. AGNC Investment's dividend payout ratio (DPR) is currently 100.00%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Royal Bank of Canada upped their target price on shares of AGNC Investment from $10.00 to $11.00 and gave the company an "outperform" rating in a research note on Friday, August 16th. Wells Fargo & Company raised AGNC Investment from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $10.00 to $12.00 in a research note on Friday, September 20th. StockNews.com cut AGNC Investment from a "hold" rating to a "sell" rating in a research note on Saturday, October 19th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research report on Wednesday, August 28th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, AGNC Investment has a consensus rating of "Moderate Buy" and a consensus price target of $10.33.

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).