Atria Investments Inc Boosts Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Atria Investments Inc boosted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 5.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,506 shares of the real estate investment trust’s stock after buying an additional 1,564 shares during the quarter. Atria Investments Inc’s holdings in AGNC Investment were worth $319,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AGNC. Hollencrest Capital Management increased its position in AGNC Investment by 0.6% in the third quarter. Hollencrest Capital Management now owns 222,450 shares of the real estate investment trust’s stock worth $2,327,000 after buying an additional 1,290 shares in the last quarter. AIA Group Ltd grew its stake in shares of AGNC Investment by 289.0% during the 3rd quarter. AIA Group Ltd now owns 141,554 shares of the real estate investment trust’s stock valued at $1,481,000 after acquiring an additional 105,167 shares during the period. Mainstream Capital Management LLC purchased a new stake in AGNC Investment in the 3rd quarter worth approximately $126,000. Portside Wealth Group LLC raised its stake in AGNC Investment by 11.8% during the 3rd quarter. Portside Wealth Group LLC now owns 20,562 shares of the real estate investment trust’s stock worth $215,000 after acquiring an additional 2,164 shares during the period. Finally, Concurrent Investment Advisors LLC purchased a new position in AGNC Investment during the third quarter valued at approximately $351,000. 38.28% of the stock is owned by hedge funds and other institutional investors.

AGNC Investment Stock Performance

NASDAQ:AGNC opened at $9.74 on Friday. The company has a market cap of $8.63 billion, a price-to-earnings ratio of 6.76 and a beta of 1.47. AGNC Investment Corp. has a 1 year low of $8.57 and a 1 year high of $10.85. The stock’s 50 day simple moving average is $10.04 and its two-hundred day simple moving average is $9.97. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly 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 23.41% and a net margin of 42.19%. The business had revenue of $756.00 million during the quarter, compared to the consensus estimate of $219.50 million. During the same quarter in the prior year, the firm posted $0.65 EPS. As a group, equities analysts anticipate that AGNC Investment Corp. will post 1.94 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently announced a nov 24 dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 29th will be given a dividend of $0.12 per share. This represents a dividend yield of 14.9%. The ex-dividend date of this dividend is Friday, November 29th. AGNC Investment’s dividend payout ratio is 100.00%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on AGNC. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Wednesday, August 28th. Royal Bank of Canada boosted their price objective on AGNC Investment from $10.00 to $11.00 and gave the company an “outperform” rating in a research report on Friday, August 16th. Wells Fargo & Company upgraded AGNC Investment from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $10.00 to $12.00 in a research report on Friday, September 20th. Finally, StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company 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).