Sigma Planning Corp Acquires 7,222 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Sigma Planning Corp raised its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 6.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 121,769 shares of the real estate investment trust’s stock after acquiring an additional 7,222 shares during the quarter. Sigma Planning Corp’s holdings in AGNC Investment were worth $1,274,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. CIBC Asset Management Inc lifted its stake in shares of AGNC Investment by 5.4% during the 2nd quarter. CIBC Asset Management Inc now owns 19,712 shares of the real estate investment trust’s stock worth $188,000 after purchasing an additional 1,012 shares during the last quarter. Avantax Advisory Services Inc. lifted its stake in shares of AGNC Investment by 6.7% during the 1st quarter. Avantax Advisory Services Inc. now owns 16,847 shares of the real estate investment trust’s stock worth $167,000 after purchasing an additional 1,059 shares during the last quarter. Paragon Capital Management Ltd lifted its stake in shares of AGNC Investment by 3.6% during the 3rd quarter. Paragon Capital Management Ltd now owns 30,717 shares of the real estate investment trust’s stock worth $321,000 after purchasing an additional 1,071 shares during the last quarter. Highlander Capital Management LLC lifted its stake in shares of AGNC Investment by 8.1% during the 1st quarter. Highlander Capital Management LLC now owns 15,940 shares of the real estate investment trust’s stock worth $158,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Oak Thistle LLC lifted its stake in shares of AGNC Investment by 4.9% during the 2nd quarter. Oak Thistle LLC now owns 26,815 shares of the real estate investment trust’s stock worth $256,000 after purchasing an additional 1,251 shares during the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

AGNC Investment Stock Performance

NASDAQ AGNC opened at $9.47 on Wednesday. The firm has a market capitalization of $8.39 billion, a P/E ratio of 6.58 and a beta of 1.47. The stock has a 50-day simple moving average of $10.13 and a two-hundred day simple moving average of $9.96. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.27 and a current ratio of 0.23. AGNC Investment Corp. has a fifty-two week low of $8.25 and a fifty-two week high of $10.85.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. The company had revenue of $756.00 million for the quarter, compared to analysts’ expectations of $219.50 million. During the same quarter in the prior year, the business posted $0.65 earnings per share. On average, equities analysts forecast that AGNC Investment Corp. will post 1.94 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 29th will be issued a dividend of $0.12 per share. This represents a yield of 14.9%. The ex-dividend date of this dividend is Friday, November 29th. AGNC Investment’s dividend payout ratio (DPR) is presently 100.00%.

Analysts Set New Price Targets

AGNC has been the subject of a number of analyst reports. Wells Fargo & Company upgraded AGNC Investment from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $10.00 to $12.00 in a research note on Friday, September 20th. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research note on Wednesday, August 28th. Compass Point upped their target price on AGNC Investment from $10.25 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. StockNews.com lowered AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Finally, JPMorgan Chase & Co. upped their target price on AGNC Investment from $9.50 to $10.00 and gave the company an “overweight” rating in a research report on Tuesday, July 16th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, AGNC Investment has an average rating of “Moderate Buy” and an average price target of $10.33.

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).