Advisory Services Network LLC Acquires 1,303 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Advisory Services Network LLC lifted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 2.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 46,399 shares of the real estate investment trust’s stock after acquiring an additional 1,303 shares during the quarter. Advisory Services Network LLC’s holdings in AGNC Investment were worth $427,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Financial Life Planners acquired a new position in AGNC Investment during the 4th quarter worth about $28,000. National Bank of Canada FI raised its position in shares of AGNC Investment by 112.7% during the fourth quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 1,832 shares during the last quarter. Spire Wealth Management lifted 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 period. Strategic Financial Concepts LLC boosted its holdings in AGNC Investment by 775.6% in the fourth quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 515,148 shares during the last quarter. Finally, Front Row Advisors LLC increased its position in AGNC Investment by 75.0% during the 4th quarter. Front Row Advisors LLC now owns 7,000 shares of the real estate investment trust’s stock valued at $65,000 after purchasing an additional 3,000 shares during the period. Institutional investors own 38.28% of the company’s stock.

AGNC Investment Price Performance

Shares of NASDAQ:AGNC opened at $8.30 on Thursday. The stock’s 50 day moving average is $9.81 and its 200-day moving average is $9.75. AGNC Investment Corp. has a twelve month low of $7.85 and a twelve month high of $10.85. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $7.60 billion, a price-to-earnings ratio of 8.56 and a beta of 1.32.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. Sell-side analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently declared a apr 25 dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a yield of 17.7%. AGNC Investment’s dividend payout ratio (DPR) is currently 148.45%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on AGNC. JPMorgan Chase & Co. dropped their price target on shares of AGNC Investment from $9.50 to $8.50 and set an “overweight” rating on the stock in a research report on Wednesday. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, February 25th. Argus raised AGNC Investment to a “hold” rating in a research report on Tuesday, February 4th. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods lowered their target price on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a report on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $10.36.

Insiders Place Their Bets

In related news, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction of $50,500.00. Following the transaction, the director now owns 75,919 shares of the company’s stock, valued at $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Bernice Bell sold 13,000 shares of the stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the sale, the chief financial officer now directly owns 372,226 shares of the company’s stock, valued at $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate 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).