120,230 Shares in AGNC Investment Corp. (NASDAQ:AGNC) Purchased by Transce3nd LLC

Transce3nd LLC acquired a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 120,230 shares of the real estate investment trust's stock, valued at approximately $1,109,000.

Several other hedge funds also recently bought and sold shares of the company. Barclays PLC increased its stake in shares of AGNC Investment by 4.8% during the 3rd quarter. Barclays PLC now owns 1,552,969 shares of the real estate investment trust's stock worth $16,242,000 after purchasing an additional 71,330 shares during the last quarter. Howard Financial Services LTD. increased its position in AGNC Investment by 195.2% during the fourth quarter. Howard Financial Services LTD. now owns 53,834 shares of the real estate investment trust's stock worth $496,000 after buying an additional 35,598 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in AGNC Investment by 8.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust's stock valued at $67,690,000 after buying an additional 581,352 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of AGNC Investment by 35.8% in the third quarter. Franklin Resources Inc. now owns 584,370 shares of the real estate investment trust's stock worth $6,060,000 after buying an additional 154,029 shares during the last quarter. Finally, Farringdon Capital Ltd. bought a new stake in shares of AGNC Investment during the 4th quarter worth about $639,000. 38.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AGNC has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods decreased their target price on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a research report on Wednesday, January 29th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $11.00 price target on shares of AGNC Investment in a research report on Thursday, January 30th. Jones Trading cut their price objective on AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research report on Tuesday. JPMorgan Chase & Co. decreased their target price on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Finally, JMP Securities reaffirmed 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 data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $10.11.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the business's stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the transaction, the chief financial officer now directly owns 372,226 shares of the company's stock, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Frances Spark sold 5,000 shares of the business's stock in a transaction that occurred 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 transaction, the director now owns 75,919 shares of the company's stock, valued at $766,781.90. This trade represents a 6.18 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.42% of the company's stock.

AGNC Investment Stock Performance

Shares of NASDAQ AGNC traded up $0.13 during trading hours on Thursday, reaching $8.74. The stock had a trading volume of 16,482,764 shares, compared to its average volume of 18,939,270. The company has a market cap of $8.00 billion, a price-to-earnings ratio of 8.99 and a beta of 1.32. AGNC Investment Corp. has a twelve month low of $7.85 and a twelve month high of $10.85. The business's fifty day moving average is $9.63 and its two-hundred day moving average is $9.69. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. The business had revenue of $846.00 million for the quarter, compared to analyst estimates of $436.71 million. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. During the same period in the previous year, the business earned $0.58 EPS. As a group, research analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The company also recently announced a apr 25 dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 30th will be given a dividend of $0.12 per share. This represents a dividend yield of 17.7%. The ex-dividend date of this dividend is Wednesday, April 30th. AGNC Investment's dividend payout ratio (DPR) is currently 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).