National Bank of Canada FI Purchases 1,832 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

National Bank of Canada FI lifted its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 112.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,458 shares of the real estate investment trust’s stock after purchasing an additional 1,832 shares during the quarter. National Bank of Canada FI’s holdings in AGNC Investment were worth $32,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AGNC. Financial Life Planners bought a new stake in shares of AGNC Investment during the 4th quarter valued at $28,000. Point72 Asset Management L.P. purchased a new position in AGNC Investment during the 3rd quarter valued at about $32,000. Spire Wealth Management boosted its stake in AGNC Investment by 94.5% during the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 1,972 shares in the last quarter. Hazlett Burt & Watson Inc. purchased a new stake in AGNC Investment in the fourth quarter worth about $74,000. Finally, Avior Wealth Management LLC increased its stake in shares of 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 valued at $82,000 after purchasing an additional 7,130 shares in the last quarter. 38.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AGNC has been the topic of several recent research reports. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Argus upgraded AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. Wells Fargo & Company dropped their price target on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $11.00 target price on shares of AGNC Investment in a research note on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, AGNC Investment currently has a consensus rating of “Moderate Buy” and an average price target of $10.50.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction dated 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 sale, the director now owns 75,919 shares of the company’s stock, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Bernice Bell sold 13,000 shares of the firm’s stock in a transaction dated Thursday, January 30th. The stock was 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 in the company, valued at $3,737,149.04. This trade represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by corporate insiders.

AGNC Investment Trading Up 2.8 %

Shares of AGNC stock opened at $8.35 on Friday. The stock has a market capitalization of $7.64 billion, a P/E ratio of 8.61 and a beta of 1.32. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The firm’s 50 day moving average is $9.92 and its 200 day moving average is $9.79. AGNC Investment Corp. has a 12-month low of $7.85 and a 12-month high of $10.85.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. Research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The firm also recently disclosed a apr 25 dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 30th will be issued a $0.12 dividend. This represents a dividend yield of 17.7%. The ex-dividend date is Wednesday, April 30th. AGNC Investment’s payout ratio is 148.45%.

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).