Choreo LLC boosted its position in AGNC Investment Corp. (NASDAQ:AGNC – Free Report) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 44,990 shares of the real estate investment trust’s stock after acquiring an additional 2,847 shares during the quarter. Choreo LLC’s holdings in AGNC Investment were worth $417,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Vaughan Nelson Investment Management L.P. increased its position in shares of AGNC Investment by 200.5% during the 3rd 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 purchasing an additional 9,639,675 shares during the last quarter. Natixis Advisors LLC grew its position in AGNC Investment by 314.8% during the third quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust’s stock valued at $40,196,000 after acquiring an additional 2,916,345 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of AGNC Investment by 115.0% during the third 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 worth $20,007,000 after acquiring an additional 1,023,275 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of AGNC Investment by 945.2% in the 3rd quarter. International Assets Investment Management LLC now owns 1,072,039 shares of the real estate investment trust’s stock worth $102,489,000 after acquiring an additional 969,475 shares during the last quarter. Finally, Van ECK Associates Corp boosted its stake in shares of AGNC Investment by 34.1% in the 3rd quarter. Van ECK Associates Corp now owns 3,427,978 shares of the real estate investment trust’s stock valued at $34,074,000 after purchasing an additional 870,856 shares in the last quarter. Hedge funds and other institutional investors own 38.28% of the company’s stock.
Insider Activity at AGNC Investment
In other news, CFO Bernice Bell sold 13,000 shares of the business’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following the sale, the chief financial officer now directly owns 372,226 shares of the company’s stock, valued at $3,737,149.04. The trade was a 3.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Frances Spark sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the transaction, the director now directly owns 75,919 shares of the company’s stock, valued at approximately $766,781.90. This trade represents a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by corporate insiders.
AGNC Investment Price Performance
AGNC Investment (NASDAQ:AGNC – Get Free Report) last announced its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. Research analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current year.
AGNC Investment Announces Dividend
The company also recently announced a jan 25 dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were paid a $0.12 dividend. This represents a dividend yield of 15.5%. The ex-dividend date of this dividend was Friday, January 31st. AGNC Investment’s payout ratio is presently 148.46%.
Analyst Upgrades and Downgrades
Several research firms have weighed in on AGNC. Keefe, Bruyette & Woods lowered their price target on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a research note on Wednesday, January 29th. Argus upgraded AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. StockNews.com lowered AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. Finally, Wells Fargo & Company decreased their target price on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $10.50.
Get Our Latest Stock Analysis on AGNC Investment
About AGNC Investment
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).
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