Brookstone Capital Management Has $144,000 Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Brookstone Capital Management lifted its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 47.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,583 shares of the real estate investment trust’s stock after purchasing an additional 4,994 shares during the quarter. Brookstone Capital Management’s holdings in AGNC Investment were worth $144,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of AGNC. Envestnet Asset Management Inc. grew its stake in AGNC Investment by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 1,406,042 shares of the real estate investment trust’s stock worth $13,414,000 after buying an additional 31,345 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in shares of AGNC Investment by 24.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 39,609 shares of the real estate investment trust’s stock worth $378,000 after acquiring an additional 7,714 shares in the last quarter. Hsbc Holdings PLC bought a new position in AGNC Investment in the second quarter valued at approximately $157,000. Garden State Investment Advisory Services LLC acquired a new position in AGNC Investment during the second quarter valued at approximately $112,000. Finally, Sei Investments Co. lifted its stake in AGNC Investment by 2.6% during the second quarter. Sei Investments Co. now owns 668,114 shares of the real estate investment trust’s stock worth $6,374,000 after purchasing an additional 17,240 shares during the last quarter. Institutional investors own 38.28% of the company’s stock.

AGNC Investment Stock Performance

Shares of AGNC Investment stock opened at $9.61 on Monday. The company has a market cap of $8.51 billion, a P/E ratio of 6.67 and a beta of 1.47. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average price of $9.49 and a two-hundred day moving average price of $9.90. AGNC Investment Corp. has a 1-year low of $8.92 and a 1-year high of $10.85.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). The business had revenue of $756.00 million during the quarter, compared to the consensus estimate of $219.50 million. AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. During the same quarter in the previous year, the firm posted $0.65 earnings per share. As a group, analysts anticipate that AGNC Investment Corp. will post 1.94 EPS for the current year.

AGNC Investment Announces Dividend

The company also recently declared a jan 25 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a yield of 15.5%. AGNC Investment’s payout ratio is currently 100.00%.

Wall Street Analyst Weigh In

AGNC has been the subject of a number of research analyst reports. StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. JPMorgan Chase & Co. reduced their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a report on Monday, December 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $10.44.

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).