Signaturefd LLC Purchases 3,207 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Signaturefd LLC boosted its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 38.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,562 shares of the real estate investment trust’s stock after acquiring an additional 3,207 shares during the quarter. Signaturefd LLC’s holdings in AGNC Investment were worth $121,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. raised its holdings in shares of AGNC Investment by 43.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 21,021 shares of the real estate investment trust’s stock worth $206,000 after buying an additional 6,369 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in AGNC Investment by 39.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 52,295 shares of the real estate investment trust’s stock worth $518,000 after purchasing an additional 14,898 shares during the period. Miracle Mile Advisors LLC purchased a new position in AGNC Investment during the 1st quarter worth $141,000. Allspring Global Investments Holdings LLC increased its holdings in AGNC Investment by 4.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 8,015,707 shares of the real estate investment trust’s stock worth $79,355,000 after purchasing an additional 332,709 shares during the period. Finally, SeaCrest Wealth Management LLC increased its holdings in AGNC Investment by 21.8% during the 1st quarter. SeaCrest Wealth Management LLC now owns 41,680 shares of the real estate investment trust’s stock worth $413,000 after purchasing an additional 7,460 shares during the period. 38.28% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AGNC has been the topic of several recent research reports. JPMorgan Chase & Co. increased their target price on AGNC Investment from $9.50 to $10.00 and gave the company an “overweight” rating in a research report on Tuesday, July 16th. Wells Fargo & Company raised AGNC Investment from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $10.00 to $12.00 in a research report on Friday, September 20th. StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Keefe, Bruyette & Woods raised their price objective on AGNC Investment from $10.00 to $10.25 and gave the stock an “outperform” rating in a research report on Thursday, July 25th. Finally, JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Wednesday, August 28th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $10.33.

Insider Buying and Selling

In related news, CFO Bernice Bell sold 5,000 shares of AGNC Investment stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $10.07, for a total value of $50,350.00. Following the sale, the chief financial officer now directly owns 298,182 shares in the company, valued at approximately $3,002,692.74. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.52% of the stock is currently owned by insiders.

AGNC Investment Price Performance

Shares of AGNC Investment stock opened at $9.64 on Tuesday. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a twelve month low of $6.81 and a twelve month high of $10.85. The business has a 50-day moving average price of $10.29 and a 200 day moving average price of $9.94. The firm has a market cap of $7.01 billion, a PE ratio of 10.59 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). AGNC Investment had a net margin of 16.15% and a return on equity of 26.21%. The business had revenue of $756.00 million during the quarter, compared to analysts’ expectations of $219.50 million. During the same quarter in the prior year, the firm earned $0.65 EPS. Sell-side analysts predict that AGNC Investment Corp. will post 2.11 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently disclosed a oct 24 dividend, which will be paid on Tuesday, November 12th. Investors of record on Thursday, October 31st will be issued a $0.12 dividend. This represents a yield of 14%. The ex-dividend date is Thursday, October 31st. AGNC Investment’s payout ratio is 158.24%.

AGNC Investment Company 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).