Healthcare of Ontario Pension Plan Trust Fund Takes Position in AGNC Investment Corp. (NASDAQ:AGNC)

Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 118,700 shares of the real estate investment trust's stock, valued at approximately $1,242,000.

A number of other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets lifted its position in AGNC Investment by 383.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 949,369 shares of the real estate investment trust's stock worth $9,930,000 after acquiring an additional 753,102 shares during the period. FMR LLC boosted its holdings in shares of AGNC Investment by 2.0% in the 3rd quarter. FMR LLC now owns 103,556 shares of the real estate investment trust's stock valued at $1,083,000 after acquiring an additional 1,999 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of AGNC Investment by 7.4% in the third quarter. The Manufacturers Life Insurance Company now owns 197,489 shares of the real estate investment trust's stock worth $2,066,000 after acquiring an additional 13,578 shares during the period. Private Trust Co. NA raised its holdings in shares of AGNC Investment by 193.2% during the third quarter. Private Trust Co. NA now owns 40,091 shares of the real estate investment trust's stock worth $419,000 after purchasing an additional 26,418 shares during the last quarter. Finally, Independent Advisor Alliance acquired a new position in AGNC Investment during the third quarter valued at $137,000. 38.28% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. StockNews.com cut shares of AGNC Investment from a "hold" rating to a "sell" rating in a research note on Saturday, October 19th. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a research note on Wednesday, August 28th. Royal Bank of Canada increased their price target on AGNC Investment from $10.00 to $11.00 and gave the stock an "outperform" rating in a report on Friday, August 16th. Finally, Wells Fargo & Company raised shares of AGNC Investment from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $10.00 to $12.00 in a research report on Friday, September 20th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $10.33.

AGNC Investment Stock Performance

Shares of AGNC stock traded down $0.06 during midday trading on Monday, hitting $9.60. The company had a trading volume of 14,336,578 shares, compared to its average volume of 14,104,869. The stock has a market cap of $8.50 billion, a price-to-earnings ratio of 6.67 and a beta of 1.47. 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 company's 50 day simple moving average is $9.95 and its 200 day simple moving average is $9.97. AGNC Investment Corp. has a 52-week low of $8.85 and a 52-week high of $10.85.

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 EPS for the quarter, missing analysts' consensus estimates of $0.47 by ($0.04). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. The firm had revenue of $756.00 million during the quarter, compared to analyst estimates of $219.50 million. During the same quarter in the previous year, the business earned $0.65 EPS. Research analysts anticipate that AGNC Investment Corp. will post 1.94 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently announced a nov 24 dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 29th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, November 29th. This represents a yield of 14.9%. AGNC Investment's payout ratio is 100.00%.

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).