AGNC Investment Corp. (NASDAQ:AGNC) Stock Position Lowered by Farther Finance Advisors LLC

Farther Finance Advisors LLC lowered its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 34.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,957 shares of the real estate investment trust’s stock after selling 1,538 shares during the quarter. Farther Finance Advisors LLC’s holdings in AGNC Investment were worth $31,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Capital Advisors Inc. OK boosted its stake in shares of AGNC Investment by 26.4% during the 3rd quarter. Capital Advisors Inc. OK now owns 29,212 shares of the real estate investment trust’s stock worth $306,000 after acquiring an additional 6,100 shares in the last quarter. US Bancorp DE raised its holdings in AGNC Investment by 279.0% during the 3rd quarter. US Bancorp DE now owns 239,493 shares of the real estate investment trust’s stock worth $2,505,000 after buying an additional 176,301 shares during the period. Vanguard Capital Wealth Advisors purchased a new stake in AGNC Investment during the third quarter valued at about $298,000. Motiv8 Investments LLC purchased a new stake in AGNC Investment during the third quarter valued at about $108,000. Finally, J.W. Cole Advisors Inc. increased its position in shares of AGNC Investment by 112.7% in the third quarter. J.W. Cole Advisors Inc. now owns 107,749 shares of the real estate investment trust’s stock worth $1,127,000 after acquiring an additional 57,089 shares in the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.

AGNC Investment Stock Down 0.1 %

AGNC Investment stock opened at $9.51 on Friday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 1-year low of $8.57 and a 1-year high of $10.85. The firm’s fifty day simple moving average is $10.10 and its 200-day simple moving average is $9.95. The company has a market capitalization of $8.42 billion, a P/E ratio of 6.60 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last posted its 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). The company had revenue of $756.00 million for the quarter, compared to the consensus estimate of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same quarter last year, the business earned $0.65 earnings per share. Sell-side analysts forecast that AGNC Investment Corp. will post 1.94 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a yield of 14.9%. AGNC Investment’s dividend payout ratio (DPR) is presently 100.00%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Keefe, Bruyette & Woods upped their price target on shares of AGNC Investment from $10.00 to $10.25 and gave the company an “outperform” rating in a research report on Thursday, July 25th. Compass Point raised their target price on AGNC Investment from $10.25 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a report on Wednesday, August 28th. StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. Finally, Maxim Group cut AGNC Investment from a “buy” rating to a “hold” rating in a research note on Wednesday, July 24th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $10.33.

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).