Stieven Capital Advisors L.P. Takes Position in AGNC Investment Corp. (NASDAQ:AGNC)

Stieven Capital Advisors L.P. bought a new stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 230,000 shares of the real estate investment trust's stock, valued at approximately $2,406,000.

Several other institutional investors also recently made changes to their positions in AGNC. Riverview Trust Co acquired a new stake in shares of AGNC Investment in the third quarter valued at about $25,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of AGNC Investment during the 2nd quarter valued at approximately $31,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of AGNC Investment by 52.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust's stock worth $35,000 after acquiring an additional 1,255 shares in the last quarter. Blue Trust Inc. grew its holdings 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 worth $37,000 after acquiring an additional 2,966 shares during the period. Finally, LRI Investments LLC purchased a new position in AGNC Investment in the 1st quarter valued at approximately $38,000. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

AGNC Investment Stock Up 0.7 %

NASDAQ:AGNC traded up $0.07 during trading hours on Friday, hitting $9.58. The stock had a trading volume of 16,035,925 shares, compared to its average volume of 25,187,812. The business has a 50 day simple moving average of $10.09 and a two-hundred day simple moving average of $9.96. AGNC Investment Corp. has a 1-year low of $8.57 and a 1-year high of $10.85. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The company has a market cap of $8.48 billion, a PE ratio of 6.65 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by ($0.04). The business had revenue of $756.00 million for the quarter, compared to analyst estimates of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same quarter last year, the business earned $0.65 EPS. Analysts predict that AGNC Investment Corp. will post 1.94 EPS for the current year.

AGNC Investment Dividend Announcement

The business also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 29th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a dividend yield of 14.9%. AGNC Investment's payout ratio is 100.00%.

Wall Street Analyst Weigh In

AGNC has been the topic of a number of research analyst reports. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research report on Wednesday, August 28th. Compass Point increased their price objective on shares of AGNC Investment from $10.25 to $11.00 and gave the company a "buy" rating in a research note on Wednesday, July 24th. Keefe, Bruyette & Woods raised their target price on shares of AGNC Investment from $10.00 to $10.25 and gave the company an "outperform" rating in a report on Thursday, July 25th. StockNews.com downgraded shares of AGNC Investment from a "hold" rating to a "sell" rating in a report on Saturday, October 19th. Finally, Wells Fargo & Company raised shares of AGNC Investment from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $10.00 to $12.00 in a research note on Friday, September 20th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $10.33.

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).