AGNC Investment Corp. (NASDAQ:AGNC) Holdings Lifted by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 1.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,316,724 shares of the real estate investment trust's stock after acquiring an additional 54,153 shares during the period. Victory Capital Management Inc. owned 0.73% of AGNC Investment worth $50,722,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LRI Investments LLC purchased a new stake in shares of AGNC Investment during the first quarter worth approximately $38,000. Verity & Verity LLC acquired a new stake in shares of AGNC Investment in the 1st quarter worth $45,000. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of AGNC Investment in the 1st quarter worth $53,000. Montag A & Associates Inc. purchased a new stake in shares of AGNC Investment in the fourth quarter valued at about $55,000. Finally, Covestor Ltd increased its stake in shares of AGNC Investment by 905.7% during the first quarter. Covestor Ltd now owns 6,849 shares of the real estate investment trust's stock worth $68,000 after acquiring an additional 6,168 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on AGNC shares. Maxim Group downgraded AGNC Investment from a "buy" rating to a "hold" rating in a research note on Wednesday, July 24th. Compass Point upped their price target on shares of AGNC Investment from $10.25 to $11.00 and gave the stock a "buy" rating in a research note on Wednesday, July 24th. Janney Montgomery Scott began coverage on shares of AGNC Investment in a research report on Thursday, June 6th. They set a "buy" rating and a $10.50 target price on the stock. JPMorgan Chase & Co. upped their price target on AGNC Investment from $9.50 to $10.00 and gave the stock an "overweight" rating in a report on Tuesday, July 16th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a report on Wednesday, August 28th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, AGNC Investment currently has an average rating of "Hold" and an average price target of $10.13.

AGNC Investment Stock Performance

AGNC stock remained flat at $10.21 during mid-day trading on Monday. 15,328,434 shares of the company's stock traded hands, compared to its average volume of 12,531,939. The firm has a market cap of $7.99 billion, a P/E ratio of 11.22 and a beta of 1.47. The stock's fifty day moving average is $10.09 and its two-hundred day moving average is $9.77. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.27 and a quick ratio of 0.27. AGNC Investment Corp. has a 52 week low of $6.81 and a 52 week high of $10.57.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its earnings results on Monday, July 22nd. The real estate investment trust reported $0.53 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.01). AGNC Investment had a return on equity of 26.21% and a net margin of 16.15%. The firm had revenue of $695.00 million during the quarter, compared to analyst estimates of $643.29 million. During the same quarter in the previous year, the business posted $0.67 EPS. AGNC Investment's revenue was up 52.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that AGNC Investment Corp. will post 2.11 earnings per share for the current year.

AGNC Investment Announces Dividend

The firm also recently disclosed a aug 24 dividend, which will be paid on Wednesday, September 11th. Investors of record on Friday, August 30th will be issued a $0.12 dividend. This represents a yield of 14.5%. The ex-dividend date is Friday, August 30th. AGNC Investment's dividend payout ratio (DPR) is 158.24%.

Insider Activity at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 5,000 shares of the firm's stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $10.07, for a total transaction of $50,350.00. Following the transaction, the chief financial officer now owns 298,182 shares of the company's stock, valued at approximately $3,002,692.74. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.52% 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).