Astoria Portfolio Advisors LLC. lifted its position in AGNC Investment Corp. (NASDAQ:AGNC – Free Report) by 6.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 105,415 shares of the real estate investment trust’s stock after purchasing an additional 6,022 shares during the period. Astoria Portfolio Advisors LLC.’s holdings in AGNC Investment were worth $974,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Vaughan Nelson Investment Management L.P. increased its stake in AGNC Investment by 200.5% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock worth $151,113,000 after buying an additional 9,639,675 shares in the last quarter. Natixis Advisors LLC boosted its stake in shares of AGNC Investment by 314.8% in the third quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust’s stock worth $40,196,000 after acquiring an additional 2,916,345 shares during the period. ORG Wealth Partners LLC purchased a new stake in shares of AGNC Investment during the third quarter worth about $17,463,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in AGNC Investment by 115.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,912,694 shares of the real estate investment trust’s stock valued at $20,007,000 after purchasing an additional 1,023,275 shares during the period. Finally, International Assets Investment Management LLC raised its stake in AGNC Investment by 945.2% during the 3rd quarter. International Assets Investment Management LLC now owns 1,072,039 shares of the real estate investment trust’s stock valued at $102,489,000 after purchasing an additional 969,475 shares during the period. 38.28% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on AGNC. JPMorgan Chase & Co. dropped their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research note on Monday, December 9th. StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $10.44.
AGNC Investment Trading Up 0.6 %
AGNC stock opened at $9.61 on Friday. The firm has a fifty day moving average price of $9.49 and a 200 day moving average price of $9.90. AGNC Investment Corp. has a fifty-two week low of $8.92 and a fifty-two week high of $10.85. The firm has a market cap of $8.51 billion, a PE ratio of 6.67 and a beta of 1.47. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23.
AGNC Investment (NASDAQ:AGNC – Get Free Report) last issued its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). The business had revenue of $756.00 million during the quarter, compared to analysts’ expectations of $219.50 million. AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. During the same period in the previous year, the business earned $0.65 earnings per share. Sell-side analysts anticipate that AGNC Investment Corp. will post 1.94 earnings per share for the current fiscal year.
AGNC Investment Announces Dividend
The business also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a yield of 15.5%. AGNC Investment’s dividend payout ratio (DPR) is presently 100.00%.
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).
See Also
- Five stocks we like better than AGNC Investment
- Earnings Per Share Calculator: How to Calculate EPS
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- What Are Earnings Reports?
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- How to Start Investing in Real Estate
- MarketBeat Week in Review – 01/13 – 01/17
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.