Proficio Capital Partners LLC Purchases Shares of 24,102 AGNC Investment Corp. (NASDAQ:AGNC)

Proficio Capital Partners LLC purchased a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 24,102 shares of the real estate investment trust’s stock, valued at approximately $222,000.

Other large investors have also modified their holdings of the company. CIBC Asset Management Inc boosted its holdings in shares of 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 valued at $197,000 after acquiring an additional 1,075 shares in the last quarter. Armstrong Advisory Group Inc. grew its position in shares of 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 valued at $170,000 after purchasing an additional 1,150 shares during the period. Garden State Investment Advisory Services LLC grew its position in shares of 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 valued at $135,000 after purchasing an additional 1,176 shares during the period. D.A. Davidson & CO. boosted its holdings in shares of AGNC Investment by 6.6% in the 4th quarter. D.A. Davidson & CO. now owns 23,517 shares of the real estate investment trust’s stock valued at $217,000 after purchasing an additional 1,449 shares during the last quarter. Finally, Yousif Capital Management LLC grew its position in AGNC Investment by 4.8% during the fourth 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 during the period. Institutional investors and hedge funds own 38.28% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on AGNC shares. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Argus upgraded shares of AGNC Investment to a “hold” rating in a research report on Tuesday, February 4th. StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, February 25th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $11.00 target price on shares of AGNC Investment in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. reduced their price target on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research note on Monday, December 9th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $10.50.

Insiders Place Their Bets

In other news, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the transaction, the chief financial officer now owns 372,226 shares of the company’s stock, valued at $3,737,149.04. This trade represents a 3.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Frances Spark sold 5,000 shares of the firm’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 transaction, the director now owns 75,919 shares in the company, valued at $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.42% of the company’s stock.

AGNC Investment Price Performance

Shares of AGNC Investment stock opened at $9.76 on Friday. 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 Corp. has a 12-month low of $8.92 and a 12-month high of $10.85. The firm has a market capitalization of $8.93 billion, a PE ratio of 10.06 and a beta of 1.50. The stock’s fifty day moving average is $10.14 and its 200-day moving average is $9.92.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 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%. Equities analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

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

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).