AGNC Investment Corp. (NASDAQ:AGNC) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP lowered its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 52.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 529,046 shares of the real estate investment trust’s stock after selling 583,931 shares during the period. Wellington Management Group LLP owned about 0.08% of AGNC Investment worth $5,190,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in AGNC. Envestnet Asset Management Inc. grew its position in shares of AGNC Investment by 37.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 930,153 shares of the real estate investment trust’s stock valued at $8,781,000 after buying an additional 251,847 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in AGNC Investment by 55.2% in the 3rd quarter. Hsbc Holdings PLC now owns 102,390 shares of the real estate investment trust’s stock valued at $975,000 after acquiring an additional 36,396 shares during the last quarter. LPL Financial LLC boosted its holdings in AGNC Investment by 22.7% during the third quarter. LPL Financial LLC now owns 1,301,453 shares of the real estate investment trust’s stock worth $12,286,000 after buying an additional 240,953 shares in the last quarter. Mariner LLC boosted its stake in shares of AGNC Investment by 2.5% during the 3rd quarter. Mariner LLC now owns 77,517 shares of the real estate investment trust’s stock worth $732,000 after acquiring an additional 1,910 shares in the last quarter. Finally, Stifel Financial Corp increased its stake in AGNC Investment by 48.0% in the 3rd quarter. Stifel Financial Corp now owns 451,460 shares of the real estate investment trust’s stock worth $4,262,000 after purchasing an additional 146,406 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on AGNC shares. Janney Montgomery Scott initiated coverage on shares of AGNC Investment in a research report on Thursday, June 6th. They set a “buy” rating and a $10.50 price objective on the stock. Jonestrading cut their price objective on AGNC Investment from $10.75 to $10.25 and set a “buy” rating on the stock in a research note on Tuesday, April 23rd. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday, April 18th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of AGNC Investment from $10.00 to $9.50 and set an “outperform” rating for the company in a research note on Wednesday, April 24th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $9.88.

Insiders Place Their Bets

In other news, CFO Bernice Bell sold 3,500 shares of the stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $9.32, for a total value of $32,620.00. Following the transaction, the chief financial officer now owns 309,973 shares of the company’s stock, valued at approximately $2,888,948.36. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, Director Paul E. Mullings sold 5,400 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $9.40, for a total value of $50,760.00. Following the completion of the transaction, the director now directly owns 111,827 shares in the company, valued at approximately $1,051,173.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Bernice Bell sold 3,500 shares of the company’s stock in a transaction that occurred on Thursday, May 2nd. The shares were sold at an average price of $9.32, for a total transaction of $32,620.00. Following the completion of the transaction, the chief financial officer now owns 309,973 shares of the company’s stock, valued at approximately $2,888,948.36. The disclosure for this sale can be found here. In the last three months, insiders sold 15,900 shares of company stock valued at $149,030. 0.52% of the stock is currently owned by insiders.

AGNC Investment Stock Up 0.2 %

AGNC opened at $9.54 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.28 and a current ratio of 0.28. The firm has a market cap of $6.93 billion, a price-to-earnings ratio of 10.48 and a beta of 1.47. AGNC Investment Corp. has a twelve month low of $6.81 and a twelve month high of $10.64. The firm’s 50-day simple moving average is $9.62 and its 200-day simple moving average is $9.64.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 EPS for the quarter, topping the consensus estimate of $0.56 by $0.02. AGNC Investment had a return on equity of 27.14% and a net margin of 32.12%. The company had revenue of $642.00 million for the quarter, compared to analysts’ expectations of $568.38 million. During the same quarter in the prior year, the business earned $0.70 earnings per share. Equities research analysts anticipate that AGNC Investment Corp. will post 2.14 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently announced a jun 24 dividend, which will be paid on Wednesday, July 10th. Stockholders of record on Friday, June 28th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, June 28th. This represents a dividend yield of 14.8%. AGNC Investment’s payout ratio is currently 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).