AA Financial Advisors LLC Buys New Shares in AGNC Investment Corp. (NASDAQ:AGNC)

AA Financial Advisors LLC bought a new stake in AGNC Investment Corp. (NASDAQ:AGNC) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 24,452 shares of the real estate investment trust’s stock, valued at approximately $256,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in AGNC Investment by 10.5% during the fourth quarter. Vanguard Group Inc. now owns 63,366,808 shares of the real estate investment trust’s stock worth $621,628,000 after acquiring an additional 6,019,268 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in AGNC Investment during the third quarter worth about $17,463,000. Boston Partners increased its stake in AGNC Investment by 522.4% during the first quarter. Boston Partners now owns 1,437,698 shares of the real estate investment trust’s stock worth $14,229,000 after acquiring an additional 1,206,714 shares during the last quarter. Equity Investment Corp increased its stake in AGNC Investment by 16.2% during the first quarter. Equity Investment Corp now owns 6,870,571 shares of the real estate investment trust’s stock worth $68,019,000 after acquiring an additional 957,139 shares during the last quarter. Finally, 1832 Asset Management L.P. acquired a new stake in AGNC Investment during the first quarter worth about $7,920,000. 38.28% of the stock is currently owned by institutional investors and hedge funds.

AGNC Investment Trading Up 1.3 %

Shares of AGNC opened at $10.60 on Monday. The company has a market capitalization of $7.71 billion, a P/E ratio of 11.65 and a beta of 1.47. AGNC Investment Corp. has a one year low of $6.81 and a one year high of $10.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.27 and a current ratio of 0.27. The stock has a 50-day moving average price of $10.30 and a 200 day moving average price of $9.92.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Monday, July 22nd. The real estate investment trust reported $0.53 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.01). The business had revenue of $695.00 million during the quarter, compared to analysts’ expectations of $643.29 million. AGNC Investment had a net margin of 16.15% and a return on equity of 26.21%. The company’s revenue for the quarter was up 52.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.67 EPS. Sell-side analysts forecast that AGNC Investment Corp. will post 2.11 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently announced a oct 24 dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be issued a dividend of $0.12 per share. This represents a yield of 14%. The ex-dividend date is Thursday, October 31st. AGNC Investment’s dividend payout ratio is presently 158.24%.

Insiders Place Their Bets

In other AGNC Investment news, CFO Bernice Bell sold 5,000 shares of the stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $10.07, for a total transaction of $50,350.00. Following the transaction, the chief financial officer now owns 298,182 shares of the company’s stock, valued at $3,002,692.74. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.52% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AGNC. Maxim Group lowered AGNC Investment from a “buy” rating to a “hold” rating in a research note on Wednesday, July 24th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research note on Wednesday, August 28th. Royal Bank of Canada increased their target price on AGNC Investment from $10.00 to $11.00 and gave the company an “outperform” rating in a research note on Friday, August 16th. Wells Fargo & Company upgraded AGNC Investment from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $10.00 to $12.00 in a research note on Friday, September 20th. Finally, StockNews.com lowered AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat, AGNC Investment currently has an average rating of “Moderate Buy” and a consensus price target of $10.33.

About AGNC Investment

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).