ORG Wealth Partners LLC Sells 1,661,916 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

ORG Wealth Partners LLC trimmed its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 99.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,578 shares of the real estate investment trust's stock after selling 1,661,916 shares during the period. ORG Wealth Partners LLC's holdings in AGNC Investment were worth $70,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of AGNC. Riverview Trust Co bought a new position in shares of AGNC Investment in the 3rd quarter worth $25,000. Ashton Thomas Private Wealth LLC acquired a new position in AGNC Investment during the second quarter worth $31,000. Point72 Asset Management L.P. bought a new position in shares of AGNC Investment in the third quarter valued at $32,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of AGNC Investment by 52.2% during 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 buying an additional 1,255 shares during the last quarter. Finally, Blue Trust Inc. increased its position in shares of AGNC Investment by 315.9% during the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust's stock worth $37,000 after acquiring an additional 2,966 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

Wall Street Analysts Forecast Growth

AGNC has been the topic of several analyst reports. 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. StockNews.com downgraded shares of AGNC Investment from a "hold" rating to a "sell" rating in a report on Saturday, October 19th. Finally, JPMorgan Chase & Co. dropped their target price on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a research note on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, AGNC Investment presently has a consensus rating of "Moderate Buy" and an average price target of $10.44.

AGNC Investment Trading Down 1.6 %

AGNC Investment stock traded down $0.15 during mid-day trading on Friday, hitting $9.14. The company's stock had a trading volume of 23,907,465 shares, compared to its average volume of 18,900,801. The business has a 50 day moving average price of $9.50 and a 200-day moving average price of $9.91. AGNC Investment Corp. has a 12 month low of $8.92 and a 12 month high of $10.85. The stock has a market cap of $8.09 billion, a price-to-earnings ratio of 6.35 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.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly earnings results 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). The business had revenue of $756.00 million for the quarter, compared to the consensus estimate of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same period in the previous year, the company earned $0.65 EPS. As a group, analysts forecast that AGNC Investment Corp. will post 1.94 EPS for the current year.

AGNC Investment Announces Dividend

The company also recently announced a jan 25 dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a $0.12 dividend. This represents a dividend yield of 15.5%. The ex-dividend date of this dividend is Friday, January 31st. AGNC Investment's payout ratio is presently 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).