Stratos Wealth Partners LTD. raised its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC – Free Report) by 13.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,144 shares of the real estate investment trust’s stock after buying an additional 4,175 shares during the period. Stratos Wealth Partners LTD.’s holdings in AGNC Investment were worth $314,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of AGNC. AQR Capital Management LLC bought a new position in shares of AGNC Investment during the 2nd quarter valued at about $163,000. Sanctuary Advisors LLC bought a new position in shares of AGNC Investment during the 2nd quarter valued at about $365,000. Brookstone Capital Management bought a new position in shares of AGNC Investment during the 3rd quarter valued at about $111,000. CWM LLC boosted its position in shares of AGNC Investment by 20.3% during the 3rd quarter. CWM LLC now owns 103,459 shares of the real estate investment trust’s stock valued at $1,082,000 after purchasing an additional 17,429 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new position in shares of AGNC Investment during the 3rd quarter valued at about $1,695,000. Institutional investors and hedge funds own 38.28% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on the stock. Wells Fargo & Company reduced their price objective on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Keefe, Bruyette & Woods reduced their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a research report on Wednesday, January 29th. StockNews.com cut shares of AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. Finally, Argus upgraded shares of AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat, AGNC Investment currently has a consensus rating of “Moderate Buy” and an average price target of $10.50.
AGNC Investment Stock Performance
AGNC stock opened at $10.18 on Thursday. 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 stock has a market cap of $9.02 billion, a P/E ratio of 10.49 and a beta of 1.48. The firm has a 50 day simple moving average of $9.60 and a 200 day simple moving average of $9.89. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85.
AGNC Investment (NASDAQ:AGNC – Get Free Report) last posted its quarterly earnings results 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 anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.
AGNC Investment Announces Dividend
The firm also recently disclosed a jan 25 dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were given a dividend of $0.12 per share. This represents a yield of 15.5%. The ex-dividend date of this dividend was Friday, January 31st. AGNC Investment’s payout ratio is presently 148.46%.
Insider Activity at AGNC Investment
In other news, 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 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. This trade represents a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 transaction 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 approximately $3,737,149.04. This represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.52% of the company’s stock.
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).
Read More
- Five stocks we like better than AGNC Investment
- Expert Stock Trading Psychology Tips
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- Stock Dividend Cuts Happen Are You Ready?
- Inflation Persists, But So Do Stock Opportunities: Rally On
- How to Invest in Tech StocksĀ and Top Tech Stocks to Consider
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Want to see what other hedge funds are holding AGNC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AGNC Investment Corp. (NASDAQ:AGNC – Free Report).
Receive News & Ratings for AGNC Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGNC Investment and related companies with MarketBeat.com's FREE daily email newsletter.