Mariner LLC Acquires 16,013 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Mariner LLC raised its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 22.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 87,298 shares of the real estate investment trust’s stock after purchasing an additional 16,013 shares during the quarter. Mariner LLC’s holdings in AGNC Investment were worth $804,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Savvy Advisors Inc. raised its position in AGNC Investment by 4.4% in the 4th quarter. Savvy Advisors Inc. now owns 74,461 shares of the real estate investment trust’s stock valued at $686,000 after purchasing an additional 3,151 shares during the last quarter. Advisors Capital Management LLC raised its position in AGNC Investment by 2.9% in the 4th quarter. Advisors Capital Management LLC now owns 1,040,069 shares of the real estate investment trust’s stock valued at $9,579,000 after purchasing an additional 29,499 shares during the last quarter. Townsquare Capital LLC raised its position in shares of AGNC Investment by 3.1% during the fourth quarter. Townsquare Capital LLC now owns 179,443 shares of the real estate investment trust’s stock worth $1,653,000 after acquiring an additional 5,431 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in shares of AGNC Investment by 31.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 163,569 shares of the real estate investment trust’s stock worth $1,506,000 after acquiring an additional 38,856 shares during the last quarter. Finally, Sterling Capital Management LLC raised its position in shares of AGNC Investment by 72.0% during the fourth quarter. Sterling Capital Management LLC now owns 48,334 shares of the real estate investment trust’s stock worth $445,000 after acquiring an additional 20,238 shares during the last quarter. Institutional investors own 38.28% of the company’s stock.

AGNC Investment Stock Up 1.9 %

NASDAQ:AGNC opened at $9.02 on Tuesday. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.85. 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 stock has a market cap of $8.26 billion, a price-to-earnings ratio of 9.30 and a beta of 1.32. The stock has a 50-day moving average price of $9.53 and a two-hundred day moving average price of $9.65.

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

AGNC Investment Dividend Announcement

The company also recently declared a apr 25 dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.12 per share. This represents a yield of 17.7%. The ex-dividend date is Wednesday, April 30th. AGNC Investment’s dividend payout ratio (DPR) is currently 360.00%.

Insider Transactions at AGNC Investment

In other news, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction that occurred on Wednesday, February 5th. The shares were 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 in the company, valued at $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. Company insiders own 0.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Keefe, Bruyette & Woods dropped 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. Wells Fargo & Company dropped their target price on AGNC Investment from $11.00 to $10.00 and set an “overweight” rating for the company in a research report on Tuesday, April 22nd. Royal Bank of Canada restated an “outperform” rating and set a $11.00 target price on shares of AGNC Investment in a research report on Thursday, January 30th. JPMorgan Chase & Co. dropped their target price on AGNC Investment from $9.50 to $8.50 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. Finally, StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, AGNC Investment presently has a consensus rating of “Moderate Buy” and a consensus price target of $10.11.

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).