Geode Capital Management LLC Has $134.65 Million Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Geode Capital Management LLC increased its position in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 18.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,614,721 shares of the real estate investment trust's stock after buying an additional 2,311,105 shares during the quarter. Geode Capital Management LLC owned about 1.65% of AGNC Investment worth $134,645,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Financial Life Planners acquired a new position in AGNC Investment in the fourth quarter worth approximately $28,000. Point72 Asset Management L.P. acquired a new position in shares of AGNC Investment during the 3rd quarter worth $32,000. National Bank of Canada FI raised its holdings in shares of AGNC Investment by 112.7% during the 4th quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 1,832 shares in the last quarter. Spire Wealth Management raised its holdings in shares of AGNC Investment by 94.5% during the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 1,972 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its stake in shares of 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 purchasing an additional 515,148 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

AGNC Investment Stock Performance

Shares of AGNC stock traded up $0.23 during mid-day trading on Friday, reaching $8.35. The stock had a trading volume of 56,220,673 shares, compared to its average volume of 18,207,956. AGNC Investment Corp. has a one year low of $7.85 and a one year high of $10.85. The firm has a market cap of $7.64 billion, a PE ratio of 8.61 and a beta of 1.32. The firm's 50 day simple moving average is $9.92 and its 200 day simple moving average is $9.79. 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 (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 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%. On average, analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

The business 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 dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a dividend yield of 17.7%. AGNC Investment's dividend payout ratio (DPR) is presently 148.45%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Argus upgraded AGNC Investment to a "hold" rating in a report on Tuesday, February 4th. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods reduced their target price on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. Royal Bank of Canada reiterated an "outperform" rating and set a $11.00 price target on shares of AGNC Investment in a report on Thursday, January 30th. Finally, StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $10.50.

Insider Activity at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction on 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 approximately $766,781.90. The trade was a 6.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the 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 sale, the chief financial officer now owns 372,226 shares in the company, valued at $3,737,149.04. The trade was a 3.37 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by insiders.

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).