Signaturefd LLC raised its holdings in AGNC Investment Corp. (NASDAQ:AGNC – Get Rating) by 50.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,390 shares of the real estate investment trust’s stock after buying an additional 5,132 shares during the quarter. Signaturefd LLC’s holdings in AGNC Investment were worth $159,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ensign Peak Advisors Inc grew its holdings in shares of AGNC Investment by 2,054.1% in the 3rd quarter. Ensign Peak Advisors Inc now owns 3,306,055 shares of the real estate investment trust’s stock worth $27,837,000 after purchasing an additional 3,152,575 shares during the last quarter. Point72 Asset Management L.P. bought a new stake in AGNC Investment during the 3rd quarter worth about $18,782,000. Beach Point Capital Management LP bought a new stake in AGNC Investment during the 3rd quarter worth about $12,630,000. Great Lakes Advisors LLC bought a new stake in AGNC Investment during the 3rd quarter worth about $8,955,000. Finally, Allspring Global Investments Holdings LLC lifted its position in AGNC Investment by 18.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 6,320,555 shares of the real estate investment trust’s stock valued at $65,418,000 after purchasing an additional 986,455 shares during the period. Institutional investors own 40.87% of the company’s stock.
AGNC Investment Price Performance
AGNC Investment stock opened at $10.07 on Tuesday. The stock has a market capitalization of $5.79 billion, a price-to-earnings ratio of -3.96 and a beta of 1.22. AGNC Investment Corp. has a 52-week low of $7.30 and a 52-week high of $12.89. The stock’s 50 day moving average price is $10.50 and its two-hundred day moving average price is $10.02. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.24 and a current ratio of 0.24.
AGNC Investment Dividend Announcement
The company also recently declared a apr 23 dividend, which will be paid on Tuesday, May 9th. Stockholders of record on Friday, April 28th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, April 27th. This represents a dividend yield of 14.5%. AGNC Investment’s payout ratio is -56.69%.
Wall Street Analysts Forecast Growth
AGNC has been the topic of a number of research reports. Argus downgraded shares of AGNC Investment from a “buy” rating to a “hold” rating in a research report on Monday, February 6th. Piper Sandler cut their price target on shares of AGNC Investment from $12.00 to $11.00 in a research report on Monday, April 3rd. Barclays cut their price target on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, April 13th. Maxim Group increased their target price on AGNC Investment from $9.00 to $12.00 and gave the stock a “buy” rating in a research note on Wednesday, February 1st. Finally, JPMorgan Chase & Co. raised AGNC Investment from a “neutral” rating to an “overweight” rating and set a $12.50 target price for the company in a research note on Wednesday, March 8th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, AGNC Investment has a consensus rating of “Moderate Buy” and an average price target of $10.97.
Insiders Place Their Bets
In other AGNC Investment news, EVP Kenneth L. Pollack sold 10,910 shares of AGNC Investment stock in a transaction dated Wednesday, February 15th. The stock was sold at an average price of $11.34, for a total transaction of $123,719.40. Following the completion of the transaction, the executive vice president now owns 228,634 shares of the company’s stock, valued at approximately $2,592,709.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.52% of the stock is owned by corporate insiders.
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).
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