Evergreen Capital Management LLC Raises Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Evergreen Capital Management LLC raised its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 4,964.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 872,856 shares of the real estate investment trust's stock after buying an additional 855,621 shares during the quarter. Evergreen Capital Management LLC owned about 0.10% of AGNC Investment worth $8,142,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. FMR LLC grew its position in AGNC Investment by 2.0% during the third quarter. FMR LLC now owns 103,556 shares of the real estate investment trust's stock valued at $1,083,000 after buying an additional 1,999 shares during the period. HighTower Advisors LLC grew its position in shares of AGNC Investment by 2.6% during the 3rd quarter. HighTower Advisors LLC now owns 94,358 shares of the real estate investment trust's stock valued at $987,000 after acquiring an additional 2,385 shares during the period. Quantinno Capital Management LP increased its stake in shares of AGNC Investment by 30.9% in the 3rd quarter. Quantinno Capital Management LP now owns 15,289 shares of the real estate investment trust's stock worth $160,000 after purchasing an additional 3,607 shares in the last quarter. Orion Portfolio Solutions LLC bought a new position in AGNC Investment in the 3rd quarter worth $130,000. Finally, Public Employees Retirement System of Ohio lifted its position in AGNC Investment by 0.9% during the third quarter. Public Employees Retirement System of Ohio now owns 276,252 shares of the real estate investment trust's stock valued at $2,890,000 after purchasing an additional 2,365 shares in the last quarter. 38.28% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other 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 value of $130,520.00. Following the transaction, the chief financial officer now directly owns 372,226 shares in the company, valued at approximately $3,737,149.04. This trade represents a 3.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction dated 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 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 disclosure for this sale can be found here. 0.42% of the stock is owned by insiders.

AGNC Investment Trading Up 0.5 %

Shares of AGNC traded up $0.04 during trading hours on Friday, reaching $8.34. 39,122,252 shares of the company traded hands, compared to its average volume of 18,663,875. The firm has a market cap of $7.63 billion, a price-to-earnings ratio of 8.60 and a beta of 1.32. AGNC Investment Corp. has a 12-month low of $7.85 and a 12-month high of $10.85. The stock's fifty day moving average price is $9.78 and its 200 day moving average price is $9.74. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 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%. Sell-side analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently disclosed a apr 25 dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 30th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a dividend yield of 17.7%. AGNC Investment's payout ratio is currently 148.45%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Wells Fargo & Company reduced their price target on AGNC Investment from $12.00 to $11.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Royal Bank of Canada reissued an "outperform" rating and set a $11.00 price objective on shares of AGNC Investment in a report on Thursday, January 30th. JPMorgan Chase & Co. decreased their price target on shares of AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research note on Wednesday. Argus upgraded AGNC Investment to a "hold" rating in a report on Tuesday, February 4th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $10.36.

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).