Consolidated Portfolio Review Corp Reduces Position in AGNC Investment Corp. $AGNC

Consolidated Portfolio Review Corp lowered its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 76.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,934 shares of the real estate investment trust’s stock after selling 82,984 shares during the period. Consolidated Portfolio Review Corp’s holdings in AGNC Investment were worth $238,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kovack Advisors Inc. boosted its stake in shares of AGNC Investment by 0.5% during the 1st quarter. Kovack Advisors Inc. now owns 222,310 shares of the real estate investment trust’s stock valued at $2,130,000 after buying an additional 1,186 shares during the last quarter. CreativeOne Wealth LLC boosted its stake in AGNC Investment by 9.7% during the 1st quarter. CreativeOne Wealth LLC now owns 13,986 shares of the real estate investment trust’s stock valued at $134,000 after acquiring an additional 1,237 shares during the last quarter. MetLife Investment Management LLC boosted its stake in AGNC Investment by 8.8% during the 1st quarter. MetLife Investment Management LLC now owns 15,548 shares of the real estate investment trust’s stock valued at $149,000 after acquiring an additional 1,256 shares during the last quarter. IFP Advisors Inc grew its holdings in AGNC Investment by 24.2% during the 1st quarter. IFP Advisors Inc now owns 6,479 shares of the real estate investment trust’s stock worth $62,000 after acquiring an additional 1,261 shares in the last quarter. Finally, HB Wealth Management LLC increased its position in shares of AGNC Investment by 9.2% in the 1st quarter. HB Wealth Management LLC now owns 15,316 shares of the real estate investment trust’s stock worth $147,000 after purchasing an additional 1,296 shares during the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

AGNC Investment Stock Up 0.8%

Shares of AGNC Investment stock opened at $10.01 on Friday. AGNC Investment Corp. has a twelve month low of $7.85 and a twelve month high of $10.63. The stock has a market capitalization of $10.43 billion, a price-to-earnings ratio of 29.44 and a beta of 1.32. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.01. The business’s 50 day simple moving average is $9.81 and its 200-day simple moving average is $9.37.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings data on Monday, July 21st. The real estate investment trust reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). The company had revenue of $830.00 million for the quarter, compared to the consensus estimate of $447.37 million. AGNC Investment had a return on equity of 19.32% and a net margin of 11.50%.During the same quarter in the previous year, the company earned $0.53 earnings per share. Equities research analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently disclosed a sep 25 dividend, which will be paid on Thursday, October 9th. Investors of record on Tuesday, September 30th will be given a $0.12 dividend. The ex-dividend date is Tuesday, September 30th. This represents a yield of 1,471.0%. AGNC Investment’s dividend payout ratio (DPR) is currently 423.53%.

Analysts Set New Price Targets

Several brokerages have recently commented on AGNC. Jones Trading reaffirmed a “buy” rating and set a $9.50 price target on shares of AGNC Investment in a research report on Tuesday, July 22nd. UBS Group increased their target price on AGNC Investment from $9.50 to $9.75 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Finally, Keefe, Bruyette & Woods lifted their target price on AGNC Investment from $9.50 to $10.00 and gave the stock an “outperform” rating in a research report on Thursday, July 10th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, AGNC Investment currently has a consensus rating of “Moderate Buy” and a consensus target price of $9.63.

Insider Transactions at AGNC Investment

In other news, Director John D. Fisk sold 20,278 shares of AGNC Investment stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $9.65, for a total transaction of $195,682.70. Following the sale, the director owned 112,685 shares of the company’s stock, valued at approximately $1,087,410.25. The trade was a 15.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Paul E. Mullings sold 11,000 shares of the stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $9.61, for a total value of $105,710.00. Following the completion of the transaction, the director directly owned 128,511 shares of the company’s stock, valued at $1,234,990.71. This trade represents a 7.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.42% of the company’s stock.

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).