Sei Investments Co. Acquires 37,150 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Sei Investments Co. lifted its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 10.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 408,004 shares of the real estate investment trust's stock after buying an additional 37,150 shares during the period. Sei Investments Co.'s holdings in AGNC Investment were worth $3,758,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of AGNC. CIBC Asset Management Inc grew 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 worth $197,000 after buying an additional 1,075 shares during the last quarter. Armstrong Advisory Group Inc. grew its position in 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 worth $170,000 after acquiring an additional 1,150 shares during the last quarter. D.A. Davidson & CO. increased its holdings in AGNC Investment by 6.6% during the 4th quarter. D.A. Davidson & CO. now owns 23,517 shares of the real estate investment trust's stock valued at $217,000 after purchasing an additional 1,449 shares in the last quarter. Yousif Capital Management LLC raised its position in AGNC Investment by 4.8% in the 4th quarter. Yousif Capital Management LLC now owns 33,854 shares of the real estate investment trust's stock valued at $312,000 after purchasing an additional 1,551 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in AGNC Investment by 21.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 9,949 shares of the real estate investment trust's stock worth $92,000 after purchasing an additional 1,776 shares in the last quarter. Institutional investors own 38.28% of the company's stock.

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Insider Activity at AGNC Investment

In other news, Director Frances Spark sold 5,000 shares of the stock in a transaction on Wednesday, February 5th. The shares were 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the firm's stock in a transaction on 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 owns 372,226 shares in the company, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Argus raised AGNC Investment to a "hold" rating in a report on Tuesday, February 4th. Wells Fargo & Company dropped their target price on shares of AGNC Investment from $12.00 to $11.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. 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. Keefe, Bruyette & Woods dropped 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. Finally, StockNews.com upgraded AGNC Investment from a "sell" rating to a "hold" rating in a research report on Tuesday, February 25th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $10.50.

AGNC Investment Trading Down 3.9 %

NASDAQ AGNC traded down $0.36 on Friday, reaching $8.98. The company had a trading volume of 49,508,244 shares, compared to its average volume of 17,198,263. AGNC Investment Corp. has a 52 week low of $8.91 and a 52 week high of $10.85. The stock's 50 day moving average is $10.11 and its 200-day moving average is $9.87. 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 stock has a market cap of $8.22 billion, a price-to-earnings ratio of 9.26 and a beta of 1.32.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share 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%. Equities 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 declared a mar 25 dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be issued a $0.12 dividend. This represents a dividend yield of 14.1%. The ex-dividend date is Monday, March 31st. AGNC Investment's dividend payout ratio (DPR) is 148.45%.

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).