AGNC Investment Corp. (NASDAQ:AGNC) Shares Acquired by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC increased its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 775.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 581,569 shares of the real estate investment trust’s stock after purchasing an additional 515,148 shares during the quarter. Strategic Financial Concepts LLC owned about 0.07% of AGNC Investment worth $54,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Riverview Trust Co acquired a new stake in AGNC Investment in the 3rd quarter valued at about $25,000. Financial Life Planners acquired a new stake in AGNC Investment in the 4th quarter valued at about $28,000. Point72 Asset Management L.P. acquired a new stake in AGNC Investment in the 3rd quarter valued at about $32,000. Blue Trust Inc. lifted its holdings in AGNC Investment by 315.9% in the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 2,966 shares during the last quarter. Finally, Spire Wealth Management lifted its holdings in AGNC Investment by 94.5% in the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 1,972 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Stock Performance

Shares of AGNC stock opened at $10.18 on Thursday. AGNC Investment Corp. has a 12 month low of $8.92 and a 12 month high of $10.85. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $9.60 and its two-hundred day moving average is $9.89. The company has a market cap of $9.02 billion, a PE ratio of 10.49 and a beta of 1.48.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. Equities analysts predict that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently disclosed a jan 25 dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a $0.12 dividend. The ex-dividend date was Friday, January 31st. This represents a dividend yield of 15.5%. AGNC Investment’s dividend payout ratio is 148.46%.

Insider Buying and Selling

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction of $50,500.00. Following the completion of the transaction, the director now directly owns 75,919 shares in the company, valued at $766,781.90. This represents a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Bernice Bell sold 13,000 shares of the stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following the transaction, the chief financial officer now owns 372,226 shares of the company’s stock, valued at $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.52% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts have commented on AGNC shares. JPMorgan Chase & Co. reduced their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research note on Monday, December 9th. Argus upgraded AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. Wells Fargo & Company dropped their price objective on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Finally, Keefe, Bruyette & Woods dropped their price objective on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a report on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $10.50.

AGNC Investment 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).