Federated Hermes Inc. Has $1.23 Million Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Federated Hermes Inc. decreased its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 44.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 133,946 shares of the real estate investment trust's stock after selling 109,230 shares during the quarter. Federated Hermes Inc.'s holdings in AGNC Investment were worth $1,234,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. CIBC Asset Management Inc grew its holdings in AGNC Investment by 5.3% during the 4th quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust's stock worth $197,000 after acquiring an additional 1,075 shares during the last quarter. Armstrong Advisory Group Inc. increased its holdings in shares of AGNC Investment by 6.6% in the fourth quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust's stock valued at $170,000 after purchasing an additional 1,150 shares in the last quarter. D.A. Davidson & CO. raised its position in AGNC Investment by 6.6% in the 4th quarter. D.A. Davidson & CO. now owns 23,517 shares of the real estate investment trust's stock worth $217,000 after purchasing an additional 1,449 shares during the last quarter. Yousif Capital Management LLC lifted its holdings in AGNC Investment by 4.8% during the 4th quarter. Yousif Capital Management LLC now owns 33,854 shares of the real estate investment trust's stock worth $312,000 after buying an additional 1,551 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in shares of AGNC Investment by 21.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 9,949 shares of the real estate investment trust's stock valued at $92,000 after buying an additional 1,776 shares during the period. Institutional investors own 38.28% of the company's stock.

Insiders Place Their Bets

In related news, Director Frances Spark sold 5,000 shares of the firm'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 completion of the transaction, the director now directly owns 75,919 shares of the company's stock, valued at approximately $766,781.90. This trade represents a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Bernice Bell sold 13,000 shares of the stock in a transaction on Thursday, January 30th. The shares were 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 owns 372,226 shares of the company's stock, valued at approximately $3,737,149.04. This represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.42% of the company's stock.

AGNC Investment Stock Up 0.5 %

AGNC traded up $0.04 during trading on Friday, hitting $8.34. The company had a trading volume of 39,122,252 shares, compared to its average volume of 18,687,434. The firm's 50-day moving average price is $9.74 and its 200 day moving average price is $9.72. The company has a market capitalization of $7.63 billion, a PE ratio of 8.60 and a beta of 1.32. 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 Corp. has a one year low of $7.85 and a one 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 earnings per share (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%. As a group, equities analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

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

Analysts Set New Price Targets

Several research firms recently issued reports on AGNC. Royal Bank of Canada reiterated an "outperform" rating and issued a $11.00 price target on shares of AGNC Investment in a report on Thursday, January 30th. Argus raised shares of AGNC Investment to a "hold" rating in a research note on Tuesday, February 4th. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Wells Fargo & Company decreased their price objective on AGNC Investment from $12.00 to $11.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Finally, StockNews.com upgraded AGNC Investment from a "sell" rating to a "hold" rating in a research report on Tuesday, February 25th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $10.36.

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).