PL Capital Advisors LLC increased its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 821.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,464,956 shares of the real estate investment trust's stock after purchasing an additional 4,871,584 shares during the period. AGNC Investment makes up 0.6% of PL Capital Advisors LLC's portfolio, making the stock its 20th largest holding. PL Capital Advisors LLC owned about 0.62% of AGNC Investment worth $50,332,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in AGNC. Vaughan Nelson Investment Management L.P. boosted its stake in shares of AGNC Investment by 200.5% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust's stock worth $151,113,000 after purchasing an additional 9,639,675 shares during the period. Natixis Advisors LLC boosted its position in AGNC Investment by 314.8% in the 3rd quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust's stock valued at $40,196,000 after buying an additional 2,916,345 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in AGNC Investment by 115.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,912,694 shares of the real estate investment trust's stock valued at $20,007,000 after buying an additional 1,023,275 shares during the period. Van ECK Associates Corp boosted its position in AGNC Investment by 34.1% in the 3rd quarter. Van ECK Associates Corp now owns 3,427,978 shares of the real estate investment trust's stock valued at $34,074,000 after buying an additional 870,856 shares during the period. Finally, BNP Paribas Financial Markets boosted its position in AGNC Investment by 383.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 949,369 shares of the real estate investment trust's stock valued at $9,930,000 after buying an additional 753,102 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research firms have issued reports on AGNC. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods lowered their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a research report on Wednesday, January 29th. Wells Fargo & Company lowered their price objective on shares of AGNC Investment from $12.00 to $11.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Royal Bank of Canada reissued an "outperform" rating and issued a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. Finally, StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a report on Tuesday. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $10.50.
Get Our Latest Analysis on AGNC
Insider Buying and Selling
In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the firm's stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the transaction, the chief financial officer now owns 372,226 shares of the company's stock, valued at approximately $3,737,149.04. This trade represents a 3.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Frances Spark sold 5,000 shares of the firm's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction of $50,500.00. Following the completion of the transaction, the director now directly owns 75,919 shares of the company's stock, valued at approximately $766,781.90. This represents a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by company insiders.
AGNC Investment Stock Up 0.0 %
Shares of NASDAQ AGNC traded up $0.01 during trading hours on Friday, hitting $10.43. 21,993,215 shares of the stock were exchanged, compared to its average volume of 20,264,531. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The company has a market cap of $9.54 billion, a PE ratio of 10.75 and a beta of 1.48. The firm has a fifty day moving average price of $9.80 and a 200-day moving average price of $9.92. AGNC Investment Corp. has a 12 month low of $8.92 and a 12 month high of $10.85.
AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. On average, sell-side analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current year.
AGNC Investment Dividend Announcement
The company also recently disclosed a feb 25 dividend, which will be paid on Tuesday, March 11th. Investors of record on Friday, February 28th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, February 28th. This represents a dividend yield of 13.8%. AGNC Investment's dividend payout ratio (DPR) is presently 148.45%.
AGNC Investment Company Profile
(
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).
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