Quantbot Technologies LP bought a new position in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 301,929 shares of the real estate investment trust's stock, valued at approximately $2,781,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CIBC Asset Management Inc lifted its stake in AGNC Investment by 5.3% during the fourth quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust's stock valued at $197,000 after purchasing an additional 1,075 shares during the last quarter. Armstrong Advisory Group Inc. lifted its position in shares of AGNC Investment by 6.6% during the 4th quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust's stock valued at $170,000 after acquiring an additional 1,150 shares during the last quarter. Garden State Investment Advisory Services LLC boosted its stake in shares of AGNC Investment by 10.0% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 12,947 shares of the real estate investment trust's stock worth $135,000 after acquiring an additional 1,176 shares in the last quarter. D.A. Davidson & CO. grew its holdings in shares of AGNC Investment by 6.6% in the 4th quarter. D.A. Davidson & CO. now owns 23,517 shares of the real estate investment trust's stock worth $217,000 after acquiring an additional 1,449 shares during the last quarter. Finally, Yousif Capital Management LLC raised its position in shares of AGNC Investment by 4.8% during the fourth quarter. Yousif Capital Management LLC now owns 33,854 shares of the real estate investment trust's stock worth $312,000 after purchasing an additional 1,551 shares during the period. 38.28% of the stock is owned by institutional investors.
Insider Activity at AGNC Investment
In other 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 transaction of $130,520.00. Following the transaction, the chief financial officer now owns 372,226 shares in the company, valued at approximately $3,737,149.04. This trade represents a 3.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Frances Spark sold 5,000 shares of the company'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 sale, the director now owns 75,919 shares of the company's stock, valued at $766,781.90. This represents a 6.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.42% of the company's stock.
AGNC Investment Stock Down 1.7 %
Shares of AGNC Investment stock traded down $0.17 on Wednesday, hitting $9.76. 31,687,102 shares of the company traded hands, compared to its average volume of 16,364,219. AGNC Investment Corp. has a 12-month low of $8.92 and a 12-month high of $10.85. 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 $8.93 billion, a PE ratio of 10.06 and a beta of 1.50. The company has a 50-day moving average price of $10.13 and a 200 day moving average price of $9.92.
AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its 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 net margin of 29.26% and a return on equity of 21.92%. Sell-side analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current year.
AGNC Investment Announces Dividend
The company also recently disclosed a mar 25 dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be issued a $0.12 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a yield of 14.1%. AGNC Investment's dividend payout ratio is currently 148.45%.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their price target on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating for the company in a research report on Monday, December 9th. StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a report on Tuesday, February 25th. Keefe, Bruyette & Woods cut their price target on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a report on Wednesday, January 29th. Royal Bank of Canada restated an "outperform" rating and issued a $11.00 price target on shares of AGNC Investment in a research report on Thursday, January 30th. Finally, JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, AGNC Investment currently has an average rating of "Moderate Buy" and an average price target of $10.50.
Check Out Our Latest Report on AGNC
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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