Natixis Advisors LLC grew its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 314.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 3,842,814 shares of the real estate investment trust's stock after purchasing an additional 2,916,345 shares during the period. Natixis Advisors LLC owned about 0.49% of AGNC Investment worth $40,196,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Riverview Trust Co bought a new stake in AGNC Investment during the 3rd quarter worth approximately $25,000. Ashton Thomas Private Wealth LLC bought a new position in shares of AGNC Investment in the second quarter valued at approximately $31,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of AGNC Investment by 52.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust's stock valued at $35,000 after acquiring an additional 1,255 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of AGNC Investment by 315.9% in the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 2,966 shares in the last quarter. Finally, LRI Investments LLC bought a new position in shares of AGNC Investment in the first quarter valued at approximately $38,000. 38.28% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities analysts have recently issued reports on AGNC shares. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a report on Wednesday, August 28th. StockNews.com downgraded AGNC Investment from a "hold" rating to a "sell" rating in a research note on Saturday, October 19th. Wells Fargo & Company upgraded AGNC Investment from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $10.00 to $12.00 in a research note on Friday, September 20th. Maxim Group downgraded AGNC Investment from a "buy" rating to a "hold" rating in a research note on Wednesday, July 24th. Finally, Royal Bank of Canada upped their price objective on AGNC Investment from $10.00 to $11.00 and gave the company an "outperform" rating in a research note on Friday, August 16th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $10.33.
View Our Latest Stock Report on AGNC
AGNC Investment Stock Performance
Shares of NASDAQ:AGNC traded up $0.09 during trading on Monday, hitting $9.67. 14,504,302 shares of the company were exchanged, compared to its average volume of 14,092,159. The company has a market cap of $8.56 billion, a PE ratio of 6.66 and a beta of 1.47. The stock has a 50 day moving average of $10.09 and a 200 day moving average of $9.96. AGNC Investment Corp. has a 52-week low of $8.57 and a 52-week high of $10.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23.
AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.47 by ($0.04). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. The business had revenue of $756.00 million during the quarter, compared to analysts' expectations of $219.50 million. During the same quarter last year, the business posted $0.65 EPS. As a group, equities research analysts predict that AGNC Investment Corp. will post 1.94 EPS for the current year.
AGNC Investment Dividend Announcement
The company also recently announced a nov 24 dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 29th will be paid a $0.12 dividend. The ex-dividend date is Friday, November 29th. This represents a yield of 14.9%. AGNC Investment's dividend payout ratio is presently 100.00%.
About AGNC Investment
(
Free Report)
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).
Featured Stories
Before you consider AGNC Investment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AGNC Investment wasn't on the list.
While AGNC Investment currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
