Sei Investments Co. Has $3.76 Million Stake in AGNC Investment Corp. (NASDAQ:AGNC)

Sei Investments Co. increased its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 10.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 408,004 shares of the real estate investment trust’s stock after acquiring an additional 37,150 shares during the period. Sei Investments Co.’s holdings in AGNC Investment were worth $3,758,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Financial Life Planners acquired a new stake in AGNC Investment in the fourth quarter valued at $28,000. Point72 Asset Management L.P. bought a new stake in shares of AGNC Investment in the 3rd quarter valued at about $32,000. Spire Wealth Management increased its stake in shares of AGNC Investment by 94.5% in the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 1,972 shares during the period. Strategic Financial Concepts LLC raised its position in shares of AGNC Investment by 775.6% during the fourth quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 515,148 shares during the last quarter. Finally, Avior Wealth Management LLC lifted its stake in shares of AGNC Investment by 413.8% in the fourth quarter. Avior Wealth Management LLC now owns 8,853 shares of the real estate investment trust’s stock worth $82,000 after acquiring an additional 7,130 shares during the period. 38.28% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Bernice Bell sold 13,000 shares of the business’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total transaction of $130,520.00. Following the transaction, the chief financial officer now directly owns 372,226 shares in the company, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 sale, the director now directly owns 75,919 shares of the company’s stock, 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. Corporate insiders own 0.42% of the company’s stock.

Analyst Ratings Changes

AGNC has been the topic of a number of recent analyst reports. Royal Bank of Canada restated an “outperform” rating and issued a $11.00 price target on shares of AGNC Investment in a research report on Thursday, January 30th. JPMorgan Chase & Co. dropped their target price 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. Keefe, Bruyette & Woods decreased their price target on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a report on Wednesday, January 29th. Wells Fargo & Company dropped their price objective on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Finally, StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, February 25th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, AGNC Investment currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.50.

AGNC Investment Trading Down 0.1 %

NASDAQ AGNC opened at $9.48 on Thursday. 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 52 week low of $8.92 and a 52 week high of $10.85. The business has a 50 day moving average price of $10.13 and a 200-day moving average price of $9.90. The company has a market cap of $8.68 billion, a price-to-earnings ratio of 9.77 and a beta of 1.50.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 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%. As a group, equities analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Monday, March 31st. This represents a yield of 14.1%. AGNC Investment’s dividend payout ratio (DPR) is currently 148.45%.

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).