Kingsview Wealth Management LLC Has $141,000 Stock Position in AGNC Investment Corp. (NASDAQ:AGNC)

Kingsview Wealth Management LLC lowered its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 10.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,278 shares of the real estate investment trust’s stock after selling 1,875 shares during the quarter. Kingsview Wealth Management LLC’s holdings in AGNC Investment were worth $141,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Joel Isaacson & Co. LLC grew its stake in AGNC Investment by 36.4% during the 4th quarter. Joel Isaacson & Co. LLC now owns 16,532 shares of the real estate investment trust’s stock valued at $152,000 after acquiring an additional 4,408 shares in the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of AGNC Investment by 775.6% during the 4th quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 515,148 shares in the last quarter. Consolidated Portfolio Review Corp increased its stake in shares of AGNC Investment by 40.6% in the fourth quarter. Consolidated Portfolio Review Corp now owns 181,744 shares of the real estate investment trust’s stock worth $1,674,000 after acquiring an additional 52,448 shares during the last quarter. Meritage Portfolio Management purchased a new stake in shares of AGNC Investment during the fourth quarter worth $1,997,000. Finally, Choreo LLC boosted its position in AGNC Investment by 6.8% during the fourth quarter. Choreo LLC now owns 44,990 shares of the real estate investment trust’s stock valued at $417,000 after purchasing an additional 2,847 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Stock Up 1.1 %

Shares of NASDAQ AGNC opened at $10.43 on Friday. AGNC Investment Corp. has a 12-month low of $8.92 and a 12-month high of $10.85. The company has a market cap of $9.24 billion, a price-to-earnings ratio of 10.75 and a beta of 1.48. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The firm’s 50-day simple moving average is $9.63 and its 200 day simple moving average is $9.89.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. On average, research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently declared a feb 25 dividend, which will be paid on Tuesday, March 11th. Investors of record on Friday, February 28th will be issued a $0.12 dividend. This represents a yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment’s dividend payout ratio is 148.46%.

Wall Street Analyst Weigh In

AGNC has been the subject of a number of recent research reports. StockNews.com cut shares of AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. Argus upgraded AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. Wells Fargo & Company decreased their target price on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, AGNC Investment presently has an average rating of “Moderate Buy” and a consensus price target of $10.50.

Insider Buying and Selling

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the company’s stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total transaction of $50,500.00. Following the completion of the sale, the director now owns 75,919 shares in the company, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief financial officer now owns 372,226 shares in the company, valued at $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.52% of the company’s stock.

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).