Townsquare Capital LLC Has $1.65 Million Stake in AGNC Investment Corp. (NASDAQ:AGNC)

Townsquare Capital LLC lifted its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 3.1% during the fourth quarter, Holdings Channel reports. The fund owned 179,443 shares of the real estate investment trust’s stock after buying an additional 5,431 shares during the quarter. Townsquare Capital LLC’s holdings in AGNC Investment were worth $1,653,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of AGNC. HighTower Advisors LLC raised its holdings in shares of AGNC Investment by 2.6% during the third quarter. HighTower Advisors LLC now owns 94,358 shares of the real estate investment trust’s stock valued at $987,000 after purchasing an additional 2,385 shares during the period. Orion Portfolio Solutions LLC acquired a new position in AGNC Investment during the 3rd quarter worth approximately $130,000. Barclays PLC raised its stake in AGNC Investment by 4.8% during the 3rd quarter. Barclays PLC now owns 1,552,969 shares of the real estate investment trust’s stock worth $16,242,000 after buying an additional 71,330 shares during the period. Geode Capital Management LLC grew its stake in AGNC Investment by 2.0% in the third quarter. Geode Capital Management LLC now owns 12,303,616 shares of the real estate investment trust’s stock valued at $128,730,000 after acquiring an additional 242,640 shares during the period. Finally, Tidal Investments LLC increased its holdings in shares of AGNC Investment by 3.3% during the third quarter. Tidal Investments LLC now owns 96,081 shares of the real estate investment trust’s stock valued at $1,005,000 after acquiring an additional 3,075 shares in the last quarter. 38.28% of the stock is owned by institutional investors.

AGNC Investment Stock Performance

NASDAQ:AGNC opened at $8.30 on Thursday. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The business has a fifty day simple moving average of $9.81 and a two-hundred day simple moving average of $9.75. The company has a market capitalization of $7.60 billion, a P/E ratio of 8.56 and a beta of 1.32.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. On average, analysts expect 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 apr 25 dividend, which will be paid on Friday, May 9th. Investors 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 is currently 148.45%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on AGNC shares. Wells Fargo & Company reduced their price target on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Keefe, Bruyette & Woods reduced 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. Royal Bank of Canada restated an “outperform” rating and issued a $11.00 target price on shares of AGNC Investment in a report on Thursday, January 30th. JPMorgan Chase & Co. cut their price target on AGNC Investment from $9.50 to $8.50 and set an “overweight” rating for the company in a research note on Wednesday. Finally, JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $10.36.

Insider Buying and Selling

In related news, CFO Bernice Bell sold 13,000 shares of the business’s stock in a transaction dated Thursday, January 30th. The stock was 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 directly owns 372,226 shares in the company, valued at $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frances Spark sold 5,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the transaction, the director now owns 75,919 shares in the company, valued at $766,781.90. This represents a 6.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by insiders.

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).