Janney Montgomery Scott LLC Grows Stake in AGNC Investment Corp. (NASDAQ:AGNC)

Janney Montgomery Scott LLC raised its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 5.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 203,670 shares of the real estate investment trust’s stock after purchasing an additional 10,031 shares during the period. Janney Montgomery Scott LLC’s holdings in AGNC Investment were worth $1,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Riverview Trust Co bought a new stake in AGNC Investment in the third quarter worth about $25,000. Point72 Asset Management L.P. purchased a new stake in shares of AGNC Investment in the third quarter worth approximately $32,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of AGNC Investment by 52.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 1,255 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of AGNC Investment by 315.9% during the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 2,966 shares during the last quarter. Finally, Huntington National Bank boosted its holdings in AGNC Investment by 105.7% during the 3rd quarter. Huntington National Bank now owns 6,705 shares of the real estate investment trust’s stock valued at $70,000 after acquiring an additional 3,445 shares during the period. 38.28% of the stock is owned by institutional investors.

AGNC Investment Stock Performance

Shares of AGNC stock opened at $9.97 on Monday. The stock has a market cap of $8.83 billion, a PE ratio of 10.28 and a beta of 1.47. AGNC Investment Corp. has a 52-week low of $8.92 and a 52-week high of $10.85. The business has a 50-day simple moving average of $9.53 and a 200-day simple moving average of $9.88. 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 (NASDAQ:AGNC) last released its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. On average, equities analysts expect that AGNC Investment Corp. will post 1.63 EPS for the current year.

AGNC Investment Announces Dividend

The company also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a $0.12 dividend. The ex-dividend date is Friday, January 31st. This represents a dividend yield of 15.5%. AGNC Investment’s dividend payout ratio (DPR) is currently 148.46%.

Analysts Set New Price Targets

AGNC has been the subject of several research analyst reports. Wells Fargo & Company decreased their target price on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday. Keefe, Bruyette & Woods dropped their target price on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research note on Wednesday, January 29th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $11.00 price target on shares of AGNC Investment in a research note on Thursday. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. decreased their target price on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research report on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, AGNC Investment currently has an average rating of “Moderate Buy” and a consensus price target of $10.50.

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).