Stephens Inc. AR Increases Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Stephens Inc. AR boosted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 7.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,009 shares of the real estate investment trust’s stock after purchasing an additional 2,954 shares during the period. Stephens Inc. AR’s holdings in AGNC Investment were worth $378,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Armstrong Advisory Group Inc. boosted its position in AGNC Investment by 6.6% during the 4th quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust’s stock valued at $170,000 after acquiring an additional 1,150 shares in the last quarter. Garden State Investment Advisory Services LLC boosted its position in AGNC Investment by 10.0% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 12,947 shares of the real estate investment trust’s stock valued at $135,000 after acquiring an additional 1,176 shares in the last quarter. Hollencrest Capital Management boosted its position in AGNC Investment by 0.6% during the 3rd quarter. Hollencrest Capital Management now owns 222,450 shares of the real estate investment trust’s stock valued at $2,327,000 after acquiring an additional 1,290 shares in the last quarter. Harbour Investments Inc. boosted its position in AGNC Investment by 4.2% during the 3rd quarter. Harbour Investments Inc. now owns 34,618 shares of the real estate investment trust’s stock valued at $362,000 after acquiring an additional 1,391 shares in the last quarter. Finally, Yousif Capital Management LLC boosted its position in AGNC Investment by 4.8% during the 4th quarter. Yousif Capital Management LLC now owns 33,854 shares of the real estate investment trust’s stock valued at $312,000 after acquiring an additional 1,551 shares in the last quarter. Hedge funds and other institutional investors own 38.28% of the company’s stock.

Wall Street Analyst Weigh In

AGNC has been the topic of several research reports. JPMorgan Chase & Co. cut their price objective on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research report on Monday, December 9th. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Wells Fargo & Company dropped their price target on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Finally, Argus raised AGNC Investment to a “hold” rating in a research report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.50.

AGNC Investment Price Performance

Shares of NASDAQ AGNC opened at $10.43 on Friday. AGNC Investment Corp. has a twelve month low of $8.92 and a twelve month high of $10.85. The firm has a market cap of $9.24 billion, a P/E ratio of 10.75 and a beta of 1.48. The company has a 50 day moving average of $9.63 and a 200 day moving average of $9.89. 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 announced its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. As a group, research analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

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

Insider Transactions at AGNC Investment

In related 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 value of $50,500.00. Following the completion of the transaction, the director now owns 75,919 shares of the company’s stock, valued at approximately $766,781.90. This represents a 6.18 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Bernice Bell sold 13,000 shares of the company’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the completion of the transaction, the chief financial officer now directly owns 372,226 shares of the company’s stock, valued at $3,737,149.04. This represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by company insiders.

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).