GoalVest Advisory LLC Has $1.06 Million Stake in AGNC Investment Corp. $AGNC

GoalVest Advisory LLC increased its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 3,855.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,949 shares of the real estate investment trust’s stock after purchasing an additional 94,498 shares during the quarter. GoalVest Advisory LLC’s holdings in AGNC Investment were worth $1,057,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of AGNC. Wealthspire Advisors LLC raised its position in AGNC Investment by 0.9% in the 4th quarter. Wealthspire Advisors LLC now owns 104,287 shares of the real estate investment trust’s stock worth $1,118,000 after purchasing an additional 907 shares during the last quarter. Davidson Trust Co. increased its stake in shares of AGNC Investment by 4.4% in the 1st quarter. Davidson Trust Co. now owns 23,341 shares of the real estate investment trust’s stock valued at $234,000 after buying an additional 985 shares during the period. Lido Advisors LLC increased its stake in shares of AGNC Investment by 10.4% in the 4th quarter. Lido Advisors LLC now owns 11,152 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 1,046 shares during the period. Sound Income Strategies LLC raised its position in shares of AGNC Investment by 61.1% during the fourth quarter. Sound Income Strategies LLC now owns 2,762 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 1,048 shares during the last quarter. Finally, Motiv8 Investments LLC raised its position in shares of AGNC Investment by 6.0% during the fourth quarter. Motiv8 Investments LLC now owns 18,621 shares of the real estate investment trust’s stock worth $200,000 after acquiring an additional 1,049 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

Insider Activity at AGNC Investment

In other news, EVP Bernice Bell sold 5,000 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $11.00, for a total transaction of $55,000.00. Following the completion of the transaction, the executive vice president directly owned 406,947 shares of the company’s stock, valued at $4,476,417. This represents a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.40% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

AGNC has been the topic of several recent research reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $12.00 price target on shares of AGNC Investment in a report on Friday, April 24th. Piper Sandler boosted their price objective on AGNC Investment from $11.50 to $12.00 and gave the stock an “overweight” rating in a report on Thursday, July 2nd. UBS Group upped their target price on shares of AGNC Investment from $10.50 to $11.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Compass Point cut shares of AGNC Investment from a “buy” rating to a “neutral” rating and set a $11.50 price target for the company. in a research report on Friday, July 17th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $11.50 price target (up from $11.00) on shares of AGNC Investment in a research note on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $11.11.

AGNC Investment Price Performance

Shares of AGNC Investment stock opened at $10.84 on Friday. The company has a market capitalization of $12.85 billion, a P/E ratio of 5.71 and a beta of 1.32. The business has a 50-day moving average of $10.69 and a two-hundred day moving average of $10.78. AGNC Investment Corp. has a 1 year low of $9.31 and a 1 year high of $12.19.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Monday, July 20th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.02. AGNC Investment had a return on equity of 17.96% and a net margin of 57.94%.The business had revenue of $305.00 million for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the previous year, the business posted ($0.17) EPS. On average, equities analysts anticipate that AGNC Investment Corp. will post 1.6 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, August 11th. Stockholders of record on Friday, July 31st will be issued a $0.12 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 13.3%. The ex-dividend date is Friday, July 31st. AGNC Investment’s payout ratio is 75.79%.

AGNC Investment Profile

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.