Private Advisor Group LLC Has $1.54 Million Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Private Advisor Group LLC raised its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 1.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 161,244 shares of the real estate investment trust’s stock after buying an additional 2,573 shares during the quarter. Private Advisor Group LLC’s holdings in AGNC Investment were worth $1,538,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of AGNC Investment during the 4th quarter worth about $69,215,000. Foundations Investment Advisors LLC acquired a new position in AGNC Investment in the 4th quarter valued at approximately $152,000. Brown Advisory Inc. bought a new stake in shares of AGNC Investment in the 4th quarter worth approximately $99,000. Virtu Financial LLC acquired a new stake in shares of AGNC Investment during the 4th quarter worth approximately $717,000. Finally, Norden Group LLC increased its position in shares of AGNC Investment by 985.9% during the first quarter. Norden Group LLC now owns 185,562 shares of the real estate investment trust’s stock valued at $1,837,000 after purchasing an additional 168,473 shares during the period. Institutional investors and hedge funds own 38.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AGNC. Keefe, Bruyette & Woods lifted their price target on shares of AGNC Investment from $10.00 to $10.25 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Sunday, September 8th. Compass Point raised their price target on shares of AGNC Investment from $10.25 to $11.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Maxim Group downgraded AGNC Investment from a “buy” rating to a “hold” rating in a report on Wednesday, July 24th. Finally, Janney Montgomery Scott began coverage on AGNC Investment in a report on Thursday, June 6th. They issued a “buy” rating and a $10.50 target price for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, AGNC Investment currently has a consensus rating of “Hold” and an average price target of $10.13.

AGNC Investment Stock Performance

NASDAQ:AGNC opened at $10.35 on Friday. The stock has a market capitalization of $7.52 billion, a P/E ratio of 11.37 and a beta of 1.47. AGNC Investment Corp. has a 1 year low of $6.81 and a 1 year high of $10.57. The firm has a 50 day moving average of $10.14 and a 200-day moving average of $9.79. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Monday, July 22nd. The real estate investment trust reported $0.53 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.01). AGNC Investment had a return on equity of 26.21% and a net margin of 16.15%. The business had revenue of $695.00 million for the quarter, compared to the consensus estimate of $643.29 million. During the same quarter in the previous year, the company posted $0.67 EPS. AGNC Investment’s revenue for the quarter was up 52.1% on a year-over-year basis. As a group, sell-side analysts anticipate that AGNC Investment Corp. will post 2.11 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently declared a aug 24 dividend, which was paid on Wednesday, September 11th. Investors of record on Friday, August 30th were issued a $0.12 dividend. This represents a dividend yield of 14.5%. The ex-dividend date was Friday, August 30th. AGNC Investment’s dividend payout ratio is currently 158.24%.

Insider Buying and Selling

In other AGNC Investment news, CFO Bernice Bell sold 5,000 shares of the stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $10.07, for a total value of $50,350.00. Following the transaction, the chief financial officer now directly owns 298,182 shares in the company, valued at approximately $3,002,692.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.52% of the stock is currently owned by corporate 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).