Fisher Asset Management LLC Buys Shares of 15,014 AGNC Investment Corp. (NASDAQ:AGNC)

Fisher Asset Management LLC acquired a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 15,014 shares of the real estate investment trust’s stock, valued at approximately $138,000.

Other large investors also recently made changes to their positions in the company. Financial Life Planners bought a new position in shares of AGNC Investment during the 4th quarter valued at about $28,000. Point72 Asset Management L.P. bought a new position in shares of AGNC Investment during the 3rd quarter valued at about $32,000. Spire Wealth Management boosted its position in shares of AGNC Investment by 94.5% during the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 1,972 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in shares of AGNC Investment by 775.6% during the 4th quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 515,148 shares in the last quarter. Finally, Huntington National Bank boosted its position in shares of 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 purchasing an additional 3,445 shares in the last quarter. Institutional investors own 38.28% of the company’s stock.

Insider Activity

In related news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction 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 owns 75,919 shares of the company’s stock, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the business’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the transaction, the chief financial officer now directly owns 372,226 shares in the company, valued at $3,737,149.04. This trade represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.52% of the company’s stock.

AGNC Investment Trading Up 2.4 %

NASDAQ:AGNC opened at $10.38 on Friday. AGNC Investment Corp. has a 12 month low of $8.92 and a 12 month high of $10.85. The firm has a market cap of $9.50 billion, a price-to-earnings ratio of 10.70 and a beta of 1.50. 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 company’s 50 day moving average is $9.91 and its 200-day moving average is $9.93.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 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%. Equities analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

The company also recently declared a feb 25 dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th will be given a $0.12 dividend. This represents a dividend yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment’s dividend payout ratio is 148.45%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on AGNC shares. Royal Bank of Canada restated an “outperform” rating and set a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. Argus upgraded shares of AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. decreased their target price on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a report on Monday, December 9th. Keefe, Bruyette & Woods decreased their target price 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. Finally, StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, February 25th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus 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).