Jones Financial Companies Lllp Buys 2,326 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Jones Financial Companies Lllp grew its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 31.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,823 shares of the real estate investment trust’s stock after acquiring an additional 2,326 shares during the period. Jones Financial Companies Lllp’s holdings in AGNC Investment were worth $90,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. CIBC Asset Management Inc raised its stake in AGNC Investment by 5.3% in the fourth quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust’s stock worth $197,000 after buying an additional 1,075 shares in the last quarter. Armstrong Advisory Group Inc. raised its stake in AGNC Investment by 6.6% in the fourth quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust’s stock worth $170,000 after buying an additional 1,150 shares in the last quarter. Garden State Investment Advisory Services LLC raised its stake in AGNC Investment by 10.0% in the third quarter. Garden State Investment Advisory Services LLC now owns 12,947 shares of the real estate investment trust’s stock worth $135,000 after buying an additional 1,176 shares in the last quarter. Harbour Investments Inc. raised its stake in AGNC Investment by 4.2% in the third quarter. Harbour Investments Inc. now owns 34,618 shares of the real estate investment trust’s stock worth $362,000 after buying an additional 1,391 shares in the last quarter. Finally, D.A. Davidson & CO. raised its stake in AGNC Investment by 6.6% in the fourth quarter. D.A. Davidson & CO. now owns 23,517 shares of the real estate investment trust’s stock worth $217,000 after buying an additional 1,449 shares in the last quarter. Institutional investors own 38.28% of the company’s stock.

Insider Activity at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the company’s stock in a transaction dated Thursday, January 30th. The shares were 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 approximately $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Frances Spark sold 5,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction 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 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 insiders.

AGNC Investment Price Performance

Shares of AGNC opened at $10.24 on Monday. The firm has a market capitalization of $9.37 billion, a PE ratio of 10.56 and a beta of 1.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. AGNC Investment Corp. has a 1-year low of $8.92 and a 1-year high of $10.85. The company’s fifty day moving average price is $9.99 and its 200-day moving average price is $9.92.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) 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%. On average, equities research analysts predict that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently announced a mar 25 dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a yield of 14.1%. AGNC Investment’s dividend payout ratio is presently 148.45%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AGNC. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Argus raised shares of AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. Keefe, Bruyette & Woods cut their price target on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a report on Wednesday, January 29th. JPMorgan Chase & Co. cut their price target on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a report on Monday, December 9th. Finally, Wells Fargo & Company cut their price target on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $10.50.

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).