Swiss National Bank Purchases 68,300 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Swiss National Bank grew its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 5.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 1,436,500 shares of the real estate investment trust's stock after acquiring an additional 68,300 shares during the period. Swiss National Bank owned about 0.16% of AGNC Investment worth $15,026,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of AGNC. Vanguard Group Inc. lifted its stake in AGNC Investment by 3.7% during the first quarter. Vanguard Group Inc. now owns 65,735,466 shares of the real estate investment trust's stock valued at $650,781,000 after buying an additional 2,368,658 shares in the last quarter. CreativeOne Wealth LLC purchased a new position in shares of AGNC Investment in the first quarter worth approximately $135,000. 1832 Asset Management L.P. acquired a new stake in shares of AGNC Investment during the first quarter valued at approximately $7,920,000. LRI Investments LLC purchased a new stake in shares of AGNC Investment in the 1st quarter valued at approximately $38,000. Finally, Price T Rowe Associates Inc. MD boosted its stake in AGNC Investment by 9.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 351,975 shares of the real estate investment trust's stock worth $3,485,000 after purchasing an additional 30,647 shares during the period. 38.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AGNC. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a research note on Wednesday, August 28th. StockNews.com lowered AGNC Investment from a "hold" rating to a "sell" rating in a research report on Saturday, October 19th. Royal Bank of Canada raised their price objective on AGNC Investment from $10.00 to $11.00 and gave the stock an "outperform" rating in a research report on Friday, August 16th. Finally, Wells Fargo & Company raised AGNC Investment from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $10.00 to $12.00 in a research note on Friday, September 20th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $10.33.

AGNC Investment Stock Up 0.4 %

Shares of NASDAQ AGNC traded up $0.04 during trading hours on Friday, hitting $9.74. The stock had a trading volume of 12,423,523 shares, compared to its average volume of 22,367,872. The firm's 50-day moving average price is $10.04 and its two-hundred day moving average price is $9.97. AGNC Investment Corp. has a 52 week low of $8.57 and a 52 week high of $10.85. The company has a market capitalization of $8.63 billion, a P/E ratio of 6.76 and a beta of 1.47. 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 (NASDAQ:AGNC - Get Free Report) last posted its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.04). The business had revenue of $756.00 million during the quarter, compared to the consensus estimate of $219.50 million. AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. During the same period in the prior year, the firm earned $0.65 earnings per share. Analysts anticipate that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.

AGNC Investment Announces Dividend

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

About AGNC Investment

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).