ORG Wealth Partners LLC trimmed its holdings in AGNC Investment Corp. (NASDAQ:AGNC – Free Report) by 99.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,578 shares of the real estate investment trust’s stock after selling 1,661,916 shares during the quarter. ORG Wealth Partners LLC’s holdings in AGNC Investment were worth $70,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the stock. Vaughan Nelson Investment Management L.P. boosted its position in shares of AGNC Investment by 200.5% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock worth $151,113,000 after acquiring an additional 9,639,675 shares during the last quarter. Natixis Advisors LLC boosted its holdings in shares of AGNC Investment by 314.8% during the 3rd quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust’s stock valued at $40,196,000 after purchasing an additional 2,916,345 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of AGNC Investment by 115.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,912,694 shares of the real estate investment trust’s stock valued at $20,007,000 after purchasing an additional 1,023,275 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of AGNC Investment by 945.2% in the third quarter. International Assets Investment Management LLC now owns 1,072,039 shares of the real estate investment trust’s stock worth $102,489,000 after purchasing an additional 969,475 shares during the last quarter. Finally, Van ECK Associates Corp lifted its position in shares of AGNC Investment by 34.1% in the third quarter. Van ECK Associates Corp now owns 3,427,978 shares of the real estate investment trust’s stock worth $34,074,000 after buying an additional 870,856 shares in the last quarter. 38.28% of the stock is owned by hedge funds and other institutional investors.
AGNC Investment Price Performance
AGNC stock opened at $9.14 on Friday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 12 month low of $8.92 and a 12 month high of $10.85. The stock has a market cap of $8.09 billion, a PE ratio of 6.35 and a beta of 1.47. The company has a 50-day moving average price of $9.51 and a 200 day moving average price of $9.91.
AGNC Investment Dividend Announcement
The firm also recently announced a jan 25 dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be given a dividend of $0.12 per share. The ex-dividend date is Friday, January 31st. This represents a dividend yield of 15.5%. AGNC Investment’s dividend payout ratio (DPR) is 100.00%.
Analyst Ratings Changes
A number of analysts have issued reports on the company. StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. JPMorgan Chase & Co. decreased their price target on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research note on Monday, December 9th. Finally, Wells Fargo & Company raised shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $10.00 to $12.00 in a research note on Friday, September 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $10.44.
Check Out Our Latest Analysis on AGNC
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).
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