Park Avenue Securities LLC Has $263,000 Stock Position in AGNC Investment Corp. (NASDAQ:AGNC)

Park Avenue Securities LLC increased its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 139.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,595 shares of the real estate investment trust’s stock after buying an additional 16,651 shares during the period. Park Avenue Securities LLC’s holdings in AGNC Investment were worth $263,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of AGNC. Charles Schwab Investment Management Inc. lifted its stake in AGNC Investment by 2.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,768,305 shares of the real estate investment trust’s stock valued at $70,796,000 after buying an additional 162,152 shares during the period. Vaughan Nelson Investment Management L.P. raised its position in AGNC Investment by 200.5% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock worth $151,113,000 after acquiring an additional 9,639,675 shares in the last quarter. Barclays PLC grew its holdings in AGNC Investment by 4.8% during the third quarter. Barclays PLC now owns 1,552,969 shares of the real estate investment trust’s stock worth $16,242,000 after purchasing an additional 71,330 shares during the period. Geode Capital Management LLC increased its holdings in shares of AGNC Investment by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 12,303,616 shares of the real estate investment trust’s stock worth $128,730,000 after acquiring an additional 242,640 shares during the last quarter. Finally, US Bancorp DE boosted its holdings in shares of 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. Institutional investors own 38.28% of the company’s stock.

AGNC Investment Price Performance

Shares of AGNC opened at $9.68 on Friday. The stock has a market cap of $8.57 billion, a P/E ratio of 6.72 and a beta of 1.47. The business’s fifty day moving average is $9.50 and its 200 day moving average is $9.90. 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 12-month low of $8.92 and a 12-month high of $10.85.

AGNC Investment Dividend Announcement

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

Analyst Upgrades and Downgrades

AGNC has been the topic of a number of recent research reports. StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a report on Thursday. Finally, JPMorgan Chase & Co. reduced their target price 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 investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.64.

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).