ProShare Advisors LLC boosted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC – Get Rating) by 14.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,819 shares of the real estate investment trust’s stock after acquiring an additional 9,346 shares during the quarter. ProShare Advisors LLC’s holdings in AGNC Investment were worth $754,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of AGNC. Worth Asset Management LLC purchased a new stake in AGNC Investment in the first quarter worth $35,000. Gradient Investments LLC increased its stake in AGNC Investment by 548.9% in the fourth quarter. Gradient Investments LLC now owns 4,542 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 3,842 shares during the period. Armstrong Advisory Group Inc. bought a new position in shares of AGNC Investment during the 4th quarter worth $47,000. Hexagon Capital Partners LLC grew its position in shares of AGNC Investment by 274.1% during the 4th quarter. Hexagon Capital Partners LLC now owns 5,050 shares of the real estate investment trust’s stock worth $52,000 after buying an additional 3,700 shares in the last quarter. Finally, Almanack Investment Partners LLC. bought a new position in shares of AGNC Investment during the 3rd quarter worth $56,000. Hedge funds and other institutional investors own 40.87% of the company’s stock.
Insiders Place Their Bets
In other AGNC Investment news, EVP Kenneth L. Pollack sold 10,910 shares of the firm’s stock in a transaction dated Wednesday, February 15th. The stock was 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 owns 228,634 shares of the company’s stock, valued at $2,592,709.56. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.52% of the company’s stock.
Analyst Upgrades and Downgrades
AGNC Investment Price Performance
Shares of NASDAQ AGNC opened at $9.78 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.24 and a current ratio of 0.24. The company has a market cap of $5.62 billion, a PE ratio of -6.27 and a beta of 1.22. The business has a 50-day simple moving average of $10.25 and a two-hundred day simple moving average of $10.08. AGNC Investment Corp. has a fifty-two week low of $7.30 and a fifty-two week high of $12.89.
AGNC Investment (NASDAQ:AGNC – Get Rating) last issued its quarterly earnings results on Tuesday, April 25th. The real estate investment trust reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.05. The business had revenue of $351.00 million during the quarter, compared to the consensus estimate of $419.83 million. AGNC Investment had a positive return on equity of 29.26% and a negative net margin of 49.78%. The company’s quarterly revenue was down 21.7% on a year-over-year basis. During the same quarter last year, the company earned $0.72 earnings per share. As a group, equities analysts expect that AGNC Investment Corp. will post 2.3 EPS for the current fiscal year.
AGNC Investment Announces Dividend
The firm also recently declared a apr 23 dividend, which will be paid on Tuesday, May 9th. Shareholders of record on Friday, April 28th will be issued a $0.12 dividend. This represents a yield of 14.5%. The ex-dividend date of this dividend is Thursday, April 27th. AGNC Investment’s dividend payout ratio is presently -92.31%.
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).
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