Fifth Third Wealth Advisors LLC Acquires New Position in AGNC Investment Corp. (NASDAQ:AGNC)

Fifth Third Wealth Advisors LLC bought a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,220 shares of the real estate investment trust’s stock, valued at approximately $103,000.

Several other large investors also recently bought and sold shares of the company. Vaughan Nelson Investment Management L.P. lifted its position in shares of AGNC Investment by 200.5% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock valued at $151,113,000 after acquiring an additional 9,639,675 shares in the last quarter. Natixis Advisors LLC grew its stake in AGNC Investment by 314.8% in the 3rd quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust’s stock worth $40,196,000 after acquiring an additional 2,916,345 shares during the period. ORG Wealth Partners LLC purchased a new stake in AGNC Investment in the 3rd quarter worth approximately $17,463,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in AGNC Investment by 115.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,912,694 shares of the real estate investment trust’s stock valued at $20,007,000 after acquiring an additional 1,023,275 shares during the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of AGNC Investment by 945.2% in the third quarter. International Assets Investment Management LLC now owns 1,072,039 shares of the real estate investment trust’s stock valued at $102,489,000 after purchasing an additional 969,475 shares during the period. Institutional investors and hedge funds own 38.28% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on AGNC shares. StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. JPMorgan Chase & Co. reduced their target price on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a report on Monday, December 9th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $10.44.

AGNC Investment Stock Up 0.6 %

Shares of NASDAQ:AGNC opened at $9.61 on Friday. The company has a market capitalization of $8.51 billion, a price-to-earnings ratio of 6.67 and a beta of 1.47. The company has a 50 day moving average of $9.49 and a two-hundred day moving average of $9.90. 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 Corp. has a 52-week low of $8.92 and a 52-week high of $10.85.

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). 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 analyst estimates of $219.50 million. During the same quarter last year, the firm posted $0.65 EPS. As a group, analysts forecast that AGNC Investment Corp. will post 1.94 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently declared a jan 25 dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be given a dividend of $0.12 per share. This represents a dividend yield of 15.5%. The ex-dividend date of this dividend is Friday, January 31st. AGNC Investment’s payout ratio is currently 100.00%.

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).