Vanguard Group Inc. Has $767.35 Million Position in AGNC Investment Corp. (NASDAQ:AGNC)

Vanguard Group Inc. grew its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 14.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,316,872 shares of the real estate investment trust's stock after acquiring an additional 10,316,999 shares during the quarter. Vanguard Group Inc. owned 9.41% of AGNC Investment worth $767,348,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Financial Life Planners bought a new stake in AGNC Investment in the fourth quarter valued at approximately $28,000. Point72 Asset Management L.P. acquired a new position in shares of AGNC Investment in the 3rd quarter valued at $32,000. Spire Wealth Management increased its position in shares of AGNC Investment by 94.5% in the 4th 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 raised its stake in AGNC Investment by 775.6% during the 4th quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust's stock worth $54,000 after buying an additional 515,148 shares during the period. Finally, Avior Wealth Management LLC lifted its holdings in AGNC Investment by 413.8% during the fourth quarter. Avior Wealth Management LLC now owns 8,853 shares of the real estate investment trust's stock worth $82,000 after acquiring an additional 7,130 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at AGNC Investment

In related news, CFO Bernice Bell sold 13,000 shares of the firm'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 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction dated Wednesday, February 5th. The stock was 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 of the company's stock, valued at $766,781.90. The trade was a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by company insiders.

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Analyst Ratings Changes

A number of research firms have recently commented on AGNC. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Wells Fargo & Company dropped their target price on shares of AGNC Investment from $12.00 to $11.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. dropped their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a report on Monday, December 9th. Finally, Argus raised shares of AGNC Investment to a "hold" rating in a research note on Tuesday, February 4th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, AGNC Investment presently has an average rating of "Moderate Buy" and an average target price of $10.50.

AGNC Investment Stock Down 0.1 %

NASDAQ:AGNC traded down $0.01 on Wednesday, hitting $9.48. 25,418,351 shares of the company's stock were exchanged, compared to its average volume of 16,869,171. The firm has a 50-day moving average price of $10.13 and a 200-day moving average price of $9.90. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The company has a market cap of $8.68 billion, a P/E ratio of 9.77 and a beta of 1.50.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) 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%. As a group, analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently disclosed 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 of this dividend is Monday, March 31st. AGNC Investment's payout ratio is presently 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).