Cibc World Markets Corp Buys 51,628 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Cibc World Markets Corp increased its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 25.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 258,414 shares of the real estate investment trust's stock after purchasing an additional 51,628 shares during the quarter. Cibc World Markets Corp's holdings in AGNC Investment were worth $2,380,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AGNC. Financial Life Planners bought a new position in AGNC Investment in the 4th quarter worth approximately $28,000. Point72 Asset Management L.P. bought a new position in shares of AGNC Investment during the third quarter worth $32,000. Spire Wealth Management grew its stake in AGNC Investment by 94.5% during the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 1,972 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in AGNC Investment by 775.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust's stock valued at $54,000 after acquiring an additional 515,148 shares during the last quarter. Finally, Avior Wealth Management LLC lifted its stake in AGNC Investment by 413.8% in the 4th quarter. Avior Wealth Management LLC now owns 8,853 shares of the real estate investment trust's stock worth $82,000 after purchasing an additional 7,130 shares in the last quarter. Institutional investors own 38.28% of the company's stock.

Wall Street Analyst Weigh In

AGNC has been the subject of a number of research analyst reports. Argus upgraded AGNC Investment to a "hold" rating in a research report on Tuesday, February 4th. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. StockNews.com raised AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. lowered their target price on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating for the company in a research report on Monday, December 9th. Finally, Wells Fargo & Company cut their target price on shares of AGNC Investment from $12.00 to $11.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $10.50.

Insider Buying and Selling

In other news, CFO Bernice Bell sold 13,000 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was 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. This represents a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Frances Spark sold 5,000 shares of the business'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 transaction, the director now owns 75,919 shares of the company's stock, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by corporate insiders.

AGNC Investment Trading Down 0.4 %

Shares of AGNC Investment stock traded down $0.04 on Monday, reaching $10.13. The company had a trading volume of 21,367,221 shares, compared to its average volume of 16,233,012. The firm 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 debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The firm's 50-day moving average price is $10.10 and its two-hundred day moving average price is $9.93. AGNC Investment Corp. has a 1 year low of $8.92 and a 1 year high of $10.85.

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

AGNC Investment Announces Dividend

The company also recently declared a mar 25 dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be issued a dividend of $0.12 per share. The ex-dividend date is Monday, March 31st. This represents a yield of 14.1%. 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).