Rothschild Investment LLC Invests $88,000 in AGNC Investment Corp. (NASDAQ:AGNC)

Rothschild Investment LLC purchased a new position in AGNC Investment Corp. (NASDAQ:AGNC) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 9,200 shares of the real estate investment trust’s stock, valued at approximately $88,000.

Several other large investors have also recently made changes to their positions in AGNC. Norges Bank bought a new position in shares of AGNC Investment in the 4th quarter worth $69,215,000. Vanguard Group Inc. raised its position in shares of AGNC Investment by 10.5% in the 4th quarter. Vanguard Group Inc. now owns 63,366,808 shares of the real estate investment trust’s stock worth $621,628,000 after acquiring an additional 6,019,268 shares in the last quarter. GRS Advisors LLC bought a new position in shares of AGNC Investment in the 4th quarter worth $32,509,000. Boston Partners grew its stake in AGNC Investment by 522.4% during the 1st quarter. Boston Partners now owns 1,437,698 shares of the real estate investment trust’s stock worth $14,229,000 after buying an additional 1,206,714 shares during the last quarter. Finally, Equity Investment Corp grew its stake in AGNC Investment by 16.2% during the 1st quarter. Equity Investment Corp now owns 6,870,571 shares of the real estate investment trust’s stock worth $68,019,000 after buying an additional 957,139 shares during the last quarter. 38.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Royal Bank of Canada boosted their target price on AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Friday, August 16th. Janney Montgomery Scott assumed coverage on AGNC Investment in a research note on Thursday, June 6th. They set a “buy” rating and a $10.50 target price on the stock. Keefe, Bruyette & Woods boosted their target price on AGNC Investment from $10.00 to $10.25 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a research note on Saturday, August 31st. Finally, JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research note on Wednesday, August 28th. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $10.13.

Insider Transactions at AGNC Investment

In other news, CFO Bernice Bell sold 5,000 shares of the company’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $9.97, for a total value of $49,850.00. Following the sale, the chief financial officer now owns 308,182 shares in the company, valued at $3,072,574.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.52% of the company’s stock.

AGNC Investment Stock Down 0.4 %

AGNC Investment stock opened at $10.17 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.27 and a current ratio of 0.27. The business’s 50-day simple moving average is $10.05 and its two-hundred day simple moving average is $9.76. The company has a market cap of $7.96 billion, a PE ratio of 11.18 and a beta of 1.48. AGNC Investment Corp. has a fifty-two week low of $6.81 and a fifty-two week high of $10.57.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, July 22nd. The real estate investment trust reported $0.53 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.01). AGNC Investment had a return on equity of 26.21% and a net margin of 16.15%. The company had revenue of $695.00 million during the quarter, compared to analysts’ expectations of $643.29 million. During the same quarter in the previous year, the company earned $0.67 EPS. The firm’s quarterly revenue was up 52.1% compared to the same quarter last year. Equities analysts anticipate that AGNC Investment Corp. will post 2.11 EPS for the current year.

AGNC Investment Announces Dividend

The business also recently announced a aug 24 dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Friday, August 30th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a dividend yield of 14.5%. AGNC Investment’s payout ratio is 158.24%.

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).