193,927 Shares in AGNC Investment Corp. (NASDAQ:AGNC) Purchased by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC bought a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 193,927 shares of the real estate investment trust's stock, valued at approximately $1,786,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Financial Life Planners bought a new position in AGNC Investment during the 4th quarter worth about $28,000. Point72 Asset Management L.P. acquired a new position in AGNC Investment during the 3rd quarter worth approximately $32,000. Spire Wealth Management grew its stake in shares of AGNC Investment by 94.5% during the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock worth $37,000 after acquiring an additional 1,972 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of AGNC Investment by 775.6% in the fourth quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust's stock valued at $54,000 after purchasing an additional 515,148 shares during the last quarter. Finally, Avior Wealth Management LLC lifted its position in shares of AGNC Investment by 413.8% in the fourth quarter. Avior Wealth Management LLC now owns 8,853 shares of the real estate investment trust's stock worth $82,000 after purchasing an additional 7,130 shares in the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.

AGNC Investment Trading Down 0.3 %

Shares of AGNC Investment stock traded down $0.03 on Wednesday, hitting $9.46. The stock had a trading volume of 14,174,206 shares, compared to its average volume of 16,792,045. The stock has a 50 day moving average of $10.13 and a 200 day moving average of $9.90. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. AGNC Investment Corp. has a twelve month low of $8.92 and a twelve month high of $10.85. The firm has a market capitalization of $8.66 billion, a P/E ratio of 9.75 and a beta of 1.50.

Remove Ads

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. Sell-side analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently disclosed a mar 25 dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be paid a $0.12 dividend. This represents a dividend yield of 14.1%. The ex-dividend date of this dividend is Monday, March 31st. AGNC Investment's dividend payout ratio is currently 148.45%.

Wall Street Analysts Forecast Growth

AGNC has been the topic of several analyst reports. Wells Fargo & Company cut their price target on shares of AGNC Investment from $12.00 to $11.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Royal Bank of Canada reaffirmed an "outperform" rating and set a $11.00 price target on shares of AGNC Investment in a research report on Thursday, January 30th. StockNews.com upgraded AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. decreased their price target 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. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $10.50.

Insider Activity at AGNC Investment

In related news, Director Frances Spark sold 5,000 shares of the company's stock in a transaction that occurred 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Bernice Bell sold 13,000 shares of the company's stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the completion of the sale, the chief financial officer now owns 372,226 shares in the company, valued at $3,737,149.04. This represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by company insiders.

AGNC Investment 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).