Boston Partners Sells 41,253 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Boston Partners decreased its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 3.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,055,308 shares of the real estate investment trust's stock after selling 41,253 shares during the period. Boston Partners owned approximately 0.12% of AGNC Investment worth $9,723,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC lifted its position in shares of AGNC Investment by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 12,303,616 shares of the real estate investment trust's stock valued at $128,730,000 after acquiring an additional 242,640 shares during the period. Allspring Global Investments Holdings LLC lifted its position in AGNC Investment by 5.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,662,954 shares of the real estate investment trust's stock worth $80,392,000 after purchasing an additional 424,990 shares during the period. Charles Schwab Investment Management Inc. grew its stake in AGNC Investment by 8.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust's stock worth $67,690,000 after buying an additional 581,352 shares in the last quarter. PL Capital Advisors LLC raised its position in shares of AGNC Investment by 821.0% in the 4th quarter. PL Capital Advisors LLC now owns 5,464,956 shares of the real estate investment trust's stock valued at $50,332,000 after buying an additional 4,871,584 shares in the last quarter. Finally, Victory Capital Management Inc. raised its position in AGNC Investment by 13.4% during the fourth quarter. Victory Capital Management Inc. now owns 4,870,678 shares of the real estate investment trust's stock valued at $44,859,000 after purchasing an additional 575,292 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

Analyst Ratings Changes

AGNC has been the topic of a number of recent analyst reports. Wells Fargo & Company decreased their target price on AGNC Investment from $12.00 to $11.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods lowered their price target on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. Argus upgraded AGNC Investment to a "hold" rating in a research report on Tuesday, February 4th. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $11.00 price target on shares of AGNC Investment in a research note on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $10.50.

AGNC Investment Stock Down 0.4 %

Shares of AGNC stock traded down $0.04 on Monday, reaching $10.13. 21,372,738 shares of the company were exchanged, compared to its average volume of 16,233,097. AGNC Investment Corp. has a one year low of $8.92 and a one year high of $10.85. The company has a market cap of $9.27 billion, a price-to-earnings ratio of 10.44 and a beta of 1.50. The company has a 50-day moving average of $10.10 and a 200-day moving average of $9.93. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. Analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently declared a mar 25 dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a dividend yield of 14.1%. AGNC Investment's dividend payout ratio is presently 148.45%.

Insider Transactions at AGNC Investment

In other AGNC Investment 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 value of $50,500.00. Following the completion of the transaction, the director now owns 75,919 shares in the company, valued at $766,781.90. This trade represents a 6.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the stock in a transaction dated 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 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 ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is owned by corporate insiders.

About AGNC Investment

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).