GSA Capital Partners LLP raised its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC – Free Report) by 89.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 81,877 shares of the real estate investment trust’s stock after purchasing an additional 38,695 shares during the period. GSA Capital Partners LLP’s holdings in AGNC Investment were worth $856,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in AGNC. Harbour Investments Inc. grew its stake in AGNC Investment by 4.2% during the 3rd quarter. Harbour Investments Inc. now owns 34,618 shares of the real estate investment trust’s stock worth $362,000 after buying an additional 1,391 shares during the last quarter. Sigma Planning Corp grew its stake in shares of AGNC Investment by 6.3% during the third quarter. Sigma Planning Corp now owns 121,769 shares of the real estate investment trust’s stock worth $1,274,000 after acquiring an additional 7,222 shares during the last quarter. Atria Investments Inc increased its holdings in shares of AGNC Investment by 5.4% during the third quarter. Atria Investments Inc now owns 30,506 shares of the real estate investment trust’s stock valued at $319,000 after acquiring an additional 1,564 shares in the last quarter. Hollencrest Capital Management raised its position in shares of AGNC Investment by 0.6% in the 3rd quarter. Hollencrest Capital Management now owns 222,450 shares of the real estate investment trust’s stock valued at $2,327,000 after purchasing an additional 1,290 shares during the last quarter. Finally, AIA Group Ltd boosted its stake in AGNC Investment by 289.0% in the 3rd quarter. AIA Group Ltd now owns 141,554 shares of the real estate investment trust’s stock worth $1,481,000 after purchasing an additional 105,167 shares in the last quarter. Hedge funds and other institutional investors own 38.28% of the company’s stock.
AGNC Investment Stock Up 0.7 %
Shares of AGNC stock opened at $9.58 on Friday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a twelve month low of $8.57 and a twelve month high of $10.85. The stock has a 50 day moving average of $10.09 and a 200 day moving average of $9.96. The stock has a market cap of $8.48 billion, a P/E ratio of 6.65 and a beta of 1.47.
AGNC Investment Announces Dividend
The firm also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 29th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a yield of 14.9%. AGNC Investment’s dividend payout ratio is currently 100.00%.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on AGNC shares. StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. Keefe, Bruyette & Woods lifted their price target on AGNC Investment from $10.00 to $10.25 and gave the stock an “outperform” rating in a research report on Thursday, July 25th. Royal Bank of Canada boosted their price target on AGNC Investment from $10.00 to $11.00 and gave the company an “outperform” rating in a research note on Friday, August 16th. Compass Point raised their price objective on AGNC Investment from $10.25 to $11.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Finally, Maxim Group lowered AGNC Investment from a “buy” rating to a “hold” rating in a research report on Wednesday, July 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $10.33.
Get Our Latest Stock Report on AGNC Investment
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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