OneDigital Investment Advisors LLC Acquires Shares of 17,190 AGNC Investment Corp. (NASDAQ:AGNC)

OneDigital Investment Advisors LLC bought a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 17,190 shares of the real estate investment trust’s stock, valued at approximately $180,000.

Several other institutional investors and hedge funds have also recently modified their holdings of AGNC. Riverview Trust Co acquired a new stake in AGNC Investment in the third quarter valued at approximately $25,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of AGNC Investment during the 2nd quarter valued at approximately $31,000. Northwestern Mutual Wealth Management Co. grew its stake in AGNC Investment by 52.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 1,255 shares during the period. Blue Trust Inc. increased its holdings in AGNC Investment by 315.9% in the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 2,966 shares in the last quarter. Finally, LRI Investments LLC acquired a new position in AGNC Investment during the first quarter worth $38,000. Hedge funds and other institutional investors own 38.28% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on AGNC. Royal Bank of Canada boosted their target price on shares of AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Friday, August 16th. Wells Fargo & Company upgraded AGNC Investment from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $10.00 to $12.00 in a research note on Friday, September 20th. StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Finally, JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research report on Wednesday, August 28th. 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. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $10.33.

AGNC Investment Stock Up 0.4 %

Shares of AGNC opened at $9.74 on Friday. AGNC Investment Corp. has a 52-week low of $8.57 and a 52-week high of $10.85. The company has a market capitalization of $8.63 billion, a PE ratio of 6.76 and a beta of 1.47. The stock has a fifty day simple moving average of $10.03 and a two-hundred day simple moving average of $9.97. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.04). The firm had revenue of $756.00 million for the quarter, compared to analysts’ expectations of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same period in the previous year, the firm posted $0.65 EPS. As a group, equities analysts forecast that AGNC Investment Corp. will post 1.94 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 29th will be issued 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 presently 100.00%.

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).