Rhumbline Advisers Has $6.72 Million Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Rhumbline Advisers increased its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 729,565 shares of the real estate investment trust's stock after buying an additional 33,700 shares during the quarter. Rhumbline Advisers owned about 0.08% of AGNC Investment worth $6,719,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its stake in shares of AGNC Investment by 315.9% in the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 2,966 shares during the last quarter. Private Advisor Group LLC grew its position in AGNC Investment by 14.0% in the 3rd quarter. Private Advisor Group LLC now owns 183,835 shares of the real estate investment trust's stock valued at $1,923,000 after buying an additional 22,591 shares during the last quarter. Arkadios Wealth Advisors grew its position in AGNC Investment by 57.8% in the 3rd quarter. Arkadios Wealth Advisors now owns 44,839 shares of the real estate investment trust's stock valued at $469,000 after buying an additional 16,426 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in AGNC Investment by 112.7% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 107,749 shares of the real estate investment trust's stock valued at $1,127,000 after buying an additional 57,089 shares during the period. Finally, Vanguard Capital Wealth Advisors purchased a new position in AGNC Investment during the 3rd quarter worth $298,000. Institutional investors and hedge funds own 38.28% of the company's stock.

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Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on AGNC shares. Wells Fargo & Company lowered their target price on shares of AGNC Investment from $12.00 to $11.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Argus raised AGNC Investment to a "hold" rating in a report on Tuesday, February 4th. Royal Bank of Canada reissued an "outperform" rating and set a $11.00 target price on shares of AGNC Investment in a research note 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. cut their price objective 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. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $10.50.

AGNC Investment Price Performance

Shares of AGNC Investment stock traded up $0.01 on Friday, hitting $10.43. The company's stock had a trading volume of 21,993,215 shares, 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 firm has a fifty day moving average price of $9.82 and a 200-day moving average price of $9.92. AGNC Investment Corp. has a 52-week low of $8.92 and a 52-week high of $10.85. The company has a market capitalization of $9.54 billion, a P/E ratio of 10.75 and a beta of 1.48.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly earnings results 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 net margin of 29.26% and a return on equity of 21.92%. On average, equities research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently declared a feb 25 dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th will be issued a $0.12 dividend. The ex-dividend date is Friday, February 28th. This represents a dividend yield of 13.8%. AGNC Investment's dividend payout ratio (DPR) is 148.45%.

Insider Activity

In related news, Director Frances Spark sold 5,000 shares of the business's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the transaction, the director now owns 75,919 shares of the company's stock, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the firm'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 sale, the chief financial officer now directly owns 372,226 shares in the company, valued at $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.52% of the company's stock.

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).