United Capital Financial Advisers LLC boosted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC – Get Rating) by 51.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 15,958 shares of the real estate investment trust’s stock after purchasing an additional 5,432 shares during the period. United Capital Financial Advisers LLC’s holdings in AGNC Investment were worth $134,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of AGNC. SVB Wealth LLC grew its holdings in shares of AGNC Investment by 2.3% during the second quarter. SVB Wealth LLC now owns 42,396 shares of the real estate investment trust’s stock worth $469,000 after buying an additional 959 shares during the last quarter. NTB Financial Corp raised its stake in shares of AGNC Investment by 5.3% during the second quarter. NTB Financial Corp now owns 25,901 shares of the real estate investment trust’s stock worth $287,000 after purchasing an additional 1,300 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of AGNC Investment by 21.4% during the first quarter. Geneos Wealth Management Inc. now owns 7,648 shares of the real estate investment trust’s stock worth $100,000 after purchasing an additional 1,350 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its position in AGNC Investment by 5.9% in the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 26,823 shares of the real estate investment trust’s stock valued at $226,000 after buying an additional 1,489 shares during the last quarter. Finally, CWM LLC grew its position in AGNC Investment by 19.7% in the 3rd quarter. CWM LLC now owns 9,139 shares of the real estate investment trust’s stock valued at $77,000 after buying an additional 1,504 shares during the last quarter. 40.87% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, EVP Kenneth L. Pollack sold 10,910 shares of the business’s stock in a transaction that occurred on Wednesday, February 15th. The shares were sold at an average price of $11.34, for a total value of $123,719.40. Following the completion of the sale, the executive vice president now directly owns 228,634 shares in the company, valued at $2,592,709.56. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.41% of the company’s stock.
Analyst Ratings Changes
AGNC Investment Price Performance
Shares of NASDAQ AGNC opened at $10.81 on Thursday. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.02. The company’s 50-day moving average price is $11.18 and its 200 day moving average price is $10.30. AGNC Investment Corp. has a 52 week low of $7.30 and a 52 week high of $13.64. The stock has a market cap of $6.21 billion, a price-to-earnings ratio of -4.26 and a beta of 1.21.
AGNC Investment (NASDAQ:AGNC – Get Rating) last announced its earnings results on Tuesday, January 31st. The real estate investment trust reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.09. The firm had revenue of $25.00 million for the quarter, compared to analysts’ expectations of $415.17 million. AGNC Investment had a positive return on equity of 26.82% and a negative net margin of 80.24%. AGNC Investment’s quarterly revenue was down 89.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 EPS. As a group, research analysts forecast that AGNC Investment Corp. will post 2.21 earnings per share for the current fiscal year.
AGNC Investment Announces Dividend
The firm also recently declared a feb 23 dividend, which will be paid on Thursday, March 9th. Shareholders of record on Tuesday, February 28th will be issued a $0.12 dividend. This represents a yield of 12.7%. The ex-dividend date of this dividend is Monday, February 27th. AGNC Investment’s dividend payout ratio (DPR) is -56.69%.
About AGNC Investment
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).
Featured Articles
- Get a free copy of the StockNews.com research report on AGNC Investment (AGNC)
- META Platforms May See its Biggest Opening Yet for New Highs
- Penny Stock Vinco Ventures Could Be Big Winner
- Is Chip Design Specialist Synopsys A Gem Hiding In Plain Sight?
- Should You Park Some Capital with Casey’s General Stores?
- Crowdstrike Stock: While The Iron Is Hot!
Receive News & Ratings for AGNC Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGNC Investment and related companies with MarketBeat.com's FREE daily email newsletter.
