Franklin Resources Inc. Has $6.06 Million Stock Position in AGNC Investment Corp. (NASDAQ:AGNC)

Franklin Resources Inc. raised its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 35.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 584,370 shares of the real estate investment trust's stock after purchasing an additional 154,029 shares during the period. Franklin Resources Inc. owned about 0.07% of AGNC Investment worth $6,060,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vaughan Nelson Investment Management L.P. grew its position in shares of AGNC Investment by 200.5% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust's stock valued at $151,113,000 after buying an additional 9,639,675 shares during the last quarter. Natixis Advisors LLC grew its holdings in shares of AGNC Investment by 314.8% during the third quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust's stock valued at $40,196,000 after purchasing an additional 2,916,345 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of AGNC Investment during the 3rd quarter worth approximately $17,463,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of AGNC Investment by 115.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,912,694 shares of the real estate investment trust's stock worth $20,007,000 after purchasing an additional 1,023,275 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its position in AGNC Investment by 945.2% during the 3rd quarter. International Assets Investment Management LLC now owns 1,072,039 shares of the real estate investment trust's stock valued at $102,489,000 after purchasing an additional 969,475 shares during the period. 38.28% of the stock is owned by institutional investors and hedge funds.

AGNC Investment Price Performance

Shares of NASDAQ AGNC remained flat at $9.45 during mid-day trading on Monday. 14,501,820 shares of the company were exchanged, compared to its average volume of 14,236,501. The firm has a market capitalization of $8.37 billion, a price-to-earnings ratio of 6.56 and a beta of 1.47. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. AGNC Investment Corp. has a fifty-two week low of $8.92 and a fifty-two week high of $10.85. The company has a fifty day moving average of $9.69 and a two-hundred day moving average of $9.95.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings data 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 analyst estimates of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same quarter last year, the company earned $0.65 EPS. As a group, analysts predict that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently announced a dec 24 dividend, which will be paid on Friday, January 10th. Investors of record on Tuesday, December 31st will be issued a $0.12 dividend. The ex-dividend date is Tuesday, December 31st. This represents a dividend yield of 15.1%. AGNC Investment's payout ratio is currently 100.00%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on AGNC shares. Wells Fargo & Company raised AGNC Investment from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $10.00 to $12.00 in a research report on Friday, September 20th. StockNews.com downgraded shares of AGNC Investment from a "hold" rating to a "sell" rating in a research report on Saturday, October 19th. JPMorgan Chase & Co. decreased their target price on shares of 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, JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a report on Wednesday, August 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $10.44.

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).