Steward Partners Investment Advisory LLC Purchases 18,476 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Steward Partners Investment Advisory LLC raised its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 48.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,607 shares of the real estate investment trust’s stock after purchasing an additional 18,476 shares during the period. Steward Partners Investment Advisory LLC’s holdings in AGNC Investment were worth $521,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of AGNC. Vaughan Nelson Investment Management L.P. raised its position in 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 in the last quarter. PL Capital Advisors LLC raised its position in shares of AGNC Investment by 821.0% in the 4th quarter. PL Capital Advisors LLC now owns 5,464,956 shares of the real estate investment trust’s stock worth $50,332,000 after acquiring an additional 4,871,584 shares in the last quarter. Natixis Advisors LLC raised its position in shares of 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of 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 worth $20,007,000 after acquiring an additional 1,023,275 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of AGNC Investment by 383.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 949,369 shares of the real estate investment trust’s stock worth $9,930,000 after acquiring an additional 753,102 shares in the last quarter. 38.28% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on AGNC shares. JPMorgan Chase & Co. reduced their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company 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 reduced their price target 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. StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, February 25th. Finally, Keefe, Bruyette & Woods reduced their price target on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a research report on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $10.50.

AGNC Investment Stock Up 0.7 %

Shares of AGNC stock opened at $10.09 on Thursday. AGNC Investment Corp. has a 1-year low of $8.92 and a 1-year high of $10.85. The stock’s fifty day moving average price is $9.94 and its 200 day moving average price is $9.93. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The company has a market cap of $9.24 billion, a price-to-earnings ratio of 10.40 and a beta of 1.50.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings results 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 net margin of 29.26% and a return on equity of 21.92%. 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 was paid on Tuesday, March 11th. Shareholders of record on Friday, February 28th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a yield of 13.8%. AGNC Investment’s payout ratio is presently 148.45%.

Insider Buying and Selling at AGNC Investment

In other news, CFO Bernice Bell sold 13,000 shares of the business’s stock in a transaction dated 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 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 filing with the SEC, which is available through the SEC website. Also, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction dated 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 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. Company 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).