AGNC Investment Corp. (NASDAQ:AGNC) Shares Bought by Norden Group LLC

Norden Group LLC raised its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 29.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,507 shares of the real estate investment trust’s stock after purchasing an additional 5,178 shares during the period. Norden Group LLC’s holdings in AGNC Investment were worth $207,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Financial Life Planners purchased a new position in AGNC Investment in the 4th quarter valued at about $28,000. Point72 Asset Management L.P. purchased a new position in shares of AGNC Investment in the third quarter valued at approximately $32,000. Spire Wealth Management boosted its stake in shares of AGNC Investment by 94.5% in the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 1,972 shares during the last quarter. Strategic Financial Concepts LLC increased its position in shares of AGNC Investment by 775.6% during the fourth quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 515,148 shares in the last quarter. Finally, Huntington National Bank raised its stake in AGNC Investment by 105.7% in the 3rd quarter. Huntington National Bank now owns 6,705 shares of the real estate investment trust’s stock valued at $70,000 after purchasing an additional 3,445 shares during the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at AGNC Investment

In related news, CFO Bernice Bell sold 13,000 shares of the stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total transaction of $130,520.00. Following the completion of the transaction, the chief financial officer now owns 372,226 shares of the company’s stock, valued at approximately $3,737,149.04. This trade represents a 3.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total transaction of $50,500.00. Following the completion of the sale, the director now owns 75,919 shares of the company’s stock, valued at $766,781.90. This trade represents a 6.18 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.52% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on AGNC. Wells Fargo & Company lowered their target price on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Royal Bank of Canada restated an “outperform” rating and set a $11.00 price target on shares of AGNC Investment in a research report on Thursday, January 30th. Keefe, Bruyette & Woods cut their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a report on Wednesday, January 29th. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. Finally, JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $10.50.

AGNC Investment Stock Up 0.7 %

Shares of NASDAQ AGNC opened at $10.29 on Thursday. AGNC Investment Corp. has a 1 year low of $8.92 and a 1 year high of $10.85. The company has a market capitalization of $9.42 billion, a P/E ratio of 10.61 and a beta of 1.50. The company has a 50 day simple moving average of $9.85 and a 200-day simple moving average of $9.92. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. On average, equities research analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The business also recently announced a feb 25 dividend, which will be paid on Tuesday, March 11th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.12 per share. This represents a yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment’s dividend payout ratio (DPR) is presently 148.45%.

AGNC Investment Company 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).