US Bancorp DE Has $3.05 Million Position in AGNC Investment Corp. (NASDAQ:AGNC)

US Bancorp DE boosted its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 38.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 331,120 shares of the real estate investment trust's stock after buying an additional 91,627 shares during the period. US Bancorp DE's holdings in AGNC Investment were worth $3,050,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Financial Life Planners purchased a new position in shares of AGNC Investment in the 4th quarter valued at approximately $28,000. Point72 Asset Management L.P. purchased a new stake in shares of AGNC Investment in the third quarter valued at approximately $32,000. Spire Wealth Management boosted its stake in shares of AGNC Investment by 94.5% in the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 1,972 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in shares of AGNC Investment by 775.6% in the fourth quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust's stock valued at $54,000 after buying an additional 515,148 shares in the last quarter. Finally, Huntington National Bank boosted its stake in shares of AGNC Investment by 105.7% in the third quarter. Huntington National Bank now owns 6,705 shares of the real estate investment trust's stock valued at $70,000 after buying an additional 3,445 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

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Insider Activity at AGNC Investment

In related news, CFO Bernice Bell sold 13,000 shares of the 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 completion of the sale, the chief financial officer now directly owns 372,226 shares in the company, valued at approximately $3,737,149.04. This trade represents a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Frances Spark sold 5,000 shares of the firm'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 transaction, the director now owns 75,919 shares in the company, valued at approximately $766,781.90. This trade represents a 6.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.52% of the stock is owned by insiders.

AGNC Investment Stock Performance

Shares of AGNC Investment stock traded up $0.24 on Friday, reaching $10.38. 28,428,240 shares of the company were exchanged, compared to its average volume of 15,700,223. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The company's 50-day moving average is $9.91 and its two-hundred day moving average is $9.93. The firm has a market cap of $9.50 billion, a price-to-earnings ratio of 10.70 and a beta of 1.50. AGNC Investment Corp. has a 1-year low of $8.92 and a 1-year high of $10.85.

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 return on equity of 21.92% and a net margin of 29.26%. As a group, research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently announced a feb 25 dividend, which will be paid on Tuesday, March 11th. Investors of record on Friday, February 28th will be given a $0.12 dividend. This represents a yield of 13.8%. The ex-dividend date of this dividend is Friday, February 28th. AGNC Investment's dividend payout ratio is currently 148.45%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AGNC. Royal Bank of Canada restated an "outperform" rating and issued a $11.00 price target on shares of AGNC Investment in a research note on Thursday, January 30th. Argus upgraded AGNC Investment to a "hold" rating in a research report on Tuesday, February 4th. Wells Fargo & Company decreased their target price on AGNC Investment from $12.00 to $11.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Keefe, Bruyette & Woods decreased their target price on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research report on Wednesday, January 29th. Finally, JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Four investment 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, the stock has a consensus rating of "Moderate Buy" and an average target price of $10.50.

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).