Private Advisor Group LLC Increases Position in AGNC Investment Corp. (NASDAQ:AGNC)

Private Advisor Group LLC raised its position in AGNC Investment Corp. (NASDAQ:AGNC) by 14.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 183,835 shares of the real estate investment trust’s stock after purchasing an additional 22,591 shares during the quarter. Private Advisor Group LLC’s holdings in AGNC Investment were worth $1,923,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its position in shares of AGNC Investment by 43.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 21,021 shares of the real estate investment trust’s stock worth $206,000 after acquiring an additional 6,369 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of AGNC Investment by 39.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 52,295 shares of the real estate investment trust’s stock worth $518,000 after acquiring an additional 14,898 shares during the period. Miracle Mile Advisors LLC purchased a new stake in shares of AGNC Investment during the first quarter worth $141,000. Allspring Global Investments Holdings LLC increased its position in shares of AGNC Investment by 4.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 8,015,707 shares of the real estate investment trust’s stock worth $79,355,000 after acquiring an additional 332,709 shares during the period. Finally, SeaCrest Wealth Management LLC increased its position in shares of AGNC Investment by 21.8% during the first quarter. SeaCrest Wealth Management LLC now owns 41,680 shares of the real estate investment trust’s stock worth $413,000 after acquiring an additional 7,460 shares during the period. Hedge funds and other institutional investors own 38.28% of the company’s stock.

Insider Activity at AGNC Investment

In related news, CFO Bernice Bell sold 5,000 shares of the firm’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $10.07, for a total value of $50,350.00. Following the completion of the sale, the chief financial officer now owns 298,182 shares in the company, valued at $3,002,692.74. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.43% of the stock is owned by insiders.

AGNC Investment Price Performance

Shares of AGNC opened at $9.54 on Wednesday. AGNC Investment Corp. has a fifty-two week low of $6.81 and a fifty-two week high of $10.85. The company has a market capitalization of $7.46 billion, a price-to-earnings ratio of 6.63 and a beta of 1.47. The firm has a 50-day simple moving average of $10.28 and a 200-day simple moving average of $9.94. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.27 and a current ratio of 0.27.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). AGNC Investment had a return on equity of 26.21% and a net margin of 16.15%. The business had revenue of $756.00 million for the quarter, compared to analyst estimates of $219.50 million. During the same quarter last year, the company posted $0.65 EPS. On average, equities research analysts anticipate that AGNC Investment Corp. will post 2.11 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently disclosed a oct 24 dividend, which will be paid on Tuesday, November 12th. Investors of record on Thursday, October 31st will be given a $0.12 dividend. The ex-dividend date is Thursday, October 31st. This represents a yield of 14%. AGNC Investment’s payout ratio is currently 100.00%.

Analyst Ratings Changes

A number of analysts have recently weighed in on AGNC shares. Compass Point upped their price objective on AGNC Investment from $10.25 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Royal Bank of Canada increased their target price on AGNC Investment from $10.00 to $11.00 and gave the company an “outperform” rating in a report on Friday, August 16th. Maxim Group lowered AGNC Investment from a “buy” rating to a “hold” rating in a report on Wednesday, July 24th. Keefe, Bruyette & Woods increased their target price on AGNC Investment from $10.00 to $10.25 and gave the company an “outperform” rating in a report on Thursday, July 25th. Finally, Wells Fargo & Company raised AGNC Investment from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $10.00 to $12.00 in a report on Friday, September 20th. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $10.33.

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).