12,070 Shares in AGNC Investment Corp. (NASDAQ:AGNC) Purchased by Graypoint LLC

Graypoint LLC acquired a new position in AGNC Investment Corp. (NASDAQ:AGNC) in the fourth quarter, HoldingsChannel reports. The fund acquired 12,070 shares of the real estate investment trust’s stock, valued at approximately $111,000.

A number of other large investors have also added to or reduced their stakes in the company. Riverview Trust Co acquired a new position in shares of AGNC Investment during the third quarter valued at about $25,000. Ashton Thomas Private Wealth LLC purchased a new stake in AGNC Investment in the 2nd quarter worth approximately $31,000. Point72 Asset Management L.P. purchased a new position in shares of AGNC Investment during the 3rd quarter valued at approximately $32,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of AGNC Investment by 52.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 1,255 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in AGNC Investment by 315.9% in the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 2,966 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors.

AGNC Investment Trading Down 1.6 %

NASDAQ:AGNC opened at $9.14 on Monday. AGNC Investment Corp. has a 12-month low of $8.92 and a 12-month high of $10.85. The firm has a market capitalization of $8.09 billion, a P/E ratio of 6.35 and a beta of 1.47. 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 50 day simple moving average of $9.50 and a 200 day simple moving average of $9.91.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). The business had revenue of $756.00 million for the quarter, compared to the consensus estimate of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same period in the previous year, the firm earned $0.65 EPS. Equities research analysts predict that AGNC Investment Corp. will post 1.94 EPS for the current year.

AGNC Investment Announces Dividend

The company also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a $0.12 dividend. This represents a dividend yield of 15.5%. The ex-dividend date of this dividend is Friday, January 31st. AGNC Investment’s dividend payout ratio is presently 100.00%.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Wells Fargo & Company raised AGNC Investment from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $10.00 to $12.00 in a research note on Friday, September 20th. JPMorgan Chase & Co. lowered their target price on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a report on Monday, December 9th. Finally, StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $10.44.

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).