AGNC Investment Corp. (NASDAQ:AGNC) Stock Holdings Lifted by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC grew its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 2.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,237,964 shares of the real estate investment trust's stock after purchasing an additional 189,444 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 1.13% of AGNC Investment worth $86,169,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of AGNC. Vanguard Group Inc. raised its stake in AGNC Investment by 3.7% during the first quarter. Vanguard Group Inc. now owns 65,735,466 shares of the real estate investment trust's stock valued at $650,781,000 after buying an additional 2,368,658 shares in the last quarter. Equity Investment Corp lifted its stake in AGNC Investment by 3.7% during the second quarter. Equity Investment Corp now owns 7,124,392 shares of the real estate investment trust's stock worth $67,967,000 after purchasing an additional 253,821 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in AGNC Investment by 1.0% in the second quarter. Victory Capital Management Inc. now owns 5,316,724 shares of the real estate investment trust's stock worth $50,722,000 after purchasing an additional 54,153 shares during the period. Vaughan Nelson Investment Management L.P. increased its stake in AGNC Investment by 6.4% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 4,807,050 shares of the real estate investment trust's stock valued at $45,860,000 after purchasing an additional 290,720 shares during the last quarter. Finally, Davidson Investment Advisors raised its holdings in shares of AGNC Investment by 0.6% during the second quarter. Davidson Investment Advisors now owns 3,301,444 shares of the real estate investment trust's stock worth $31,496,000 after purchasing an additional 19,908 shares during the period. Institutional investors own 38.28% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Royal Bank of Canada lifted their price target on shares of AGNC Investment from $10.00 to $11.00 and gave the company an "outperform" rating in a report on Friday, August 16th. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a report on Wednesday, August 28th. Keefe, Bruyette & Woods increased their price target on AGNC Investment from $10.00 to $10.25 and gave the stock an "outperform" rating in a research report on Thursday, July 25th. Wells Fargo & Company upgraded AGNC Investment from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $10.00 to $12.00 in a research report on Friday, September 20th. Finally, JPMorgan Chase & Co. increased their target price on AGNC Investment from $9.50 to $10.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 16th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $10.33.

AGNC Investment Stock Performance

Shares of NASDAQ:AGNC traded down $0.22 on Monday, hitting $10.38. The company's stock had a trading volume of 19,136,738 shares, compared to its average volume of 13,009,414. AGNC Investment Corp. has a 12 month low of $6.81 and a 12 month high of $10.85. The stock's 50-day moving average is $10.30 and its two-hundred day moving average is $9.92. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.27 and a current ratio of 0.27. The company has a market capitalization of $7.55 billion, a price-to-earnings ratio of 11.44 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released 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). The company had revenue of $695.00 million for the quarter, compared to analyst estimates of $643.29 million. AGNC Investment had a net margin of 16.15% and a return on equity of 26.21%. The firm's quarterly revenue was up 52.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.67 EPS. On average, equities research analysts forecast that AGNC Investment Corp. will post 2.11 EPS for the current year.

AGNC Investment Dividend Announcement

The company also recently announced a oct 24 dividend, which will be paid on Tuesday, November 12th. Investors of record on Thursday, October 31st will be issued a dividend of $0.12 per share. The ex-dividend date is Thursday, October 31st. This represents a yield of 14%. AGNC Investment's payout ratio is 158.24%.

Insiders Place Their Bets

In other news, CFO Bernice Bell sold 5,000 shares of the business's stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $10.07, for a total value of $50,350.00. Following the sale, the chief financial officer now owns 298,182 shares of the company's stock, valued at approximately $3,002,692.74. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.52% of the stock is currently owned by insiders.

About AGNC Investment

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).