Yousif Capital Management LLC Raises Stock Position in AGNC Investment Corp. (NASDAQ:AGNC)

Yousif Capital Management LLC lifted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 4.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 33,854 shares of the real estate investment trust’s stock after purchasing an additional 1,551 shares during the quarter. Yousif Capital Management LLC’s holdings in AGNC Investment were worth $312,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Vaughan Nelson Investment Management L.P. lifted its stake 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 purchasing an additional 9,639,675 shares in the last quarter. Geode Capital Management LLC grew its position in AGNC Investment by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 12,303,616 shares of the real estate investment trust’s stock valued at $128,730,000 after acquiring an additional 242,640 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in AGNC Investment by 2.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 8,237,964 shares of the real estate investment trust’s stock valued at $86,169,000 after acquiring an additional 189,444 shares in the last quarter. Equity Investment Corp increased its stake in AGNC Investment by 2.1% during the third quarter. Equity Investment Corp now owns 7,274,167 shares of the real estate investment trust’s stock worth $76,088,000 after purchasing an additional 149,775 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of AGNC Investment by 2.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,768,305 shares of the real estate investment trust’s stock worth $70,796,000 after purchasing an additional 162,152 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

AGNC Investment Trading Up 1.1 %

AGNC opened at $10.43 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. AGNC Investment Corp. has a one year low of $8.92 and a one year high of $10.85. The company has a market cap of $9.24 billion, a P/E ratio of 10.75 and a beta of 1.48. The business’s 50-day simple moving average is $9.65 and its 200-day simple moving average is $9.89.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. As a group, equities research analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently declared a feb 25 dividend, which will be paid on Tuesday, March 11th. Investors of record on Friday, February 28th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, February 28th. This represents a yield of 13.8%. AGNC Investment’s dividend payout ratio is currently 148.46%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AGNC. Keefe, Bruyette & Woods dropped their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a report on Wednesday, January 29th. JPMorgan Chase & Co. dropped their price target 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. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Royal Bank of Canada reissued an “outperform” rating and set a $11.00 target price on shares of AGNC Investment in a research note on Thursday, January 30th. Finally, Wells Fargo & Company reduced their price target on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. 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’s stock. Based on data from MarketBeat, AGNC Investment has an average rating of “Moderate Buy” and a consensus target price of $10.50.

Insider Activity at AGNC Investment

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

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).