Tower Research Capital LLC TRC Has $197,000 Stake in AGNC Investment Corp. (NASDAQ:AGNC)

Tower Research Capital LLC TRC increased its position in AGNC Investment Corp. (NASDAQ:AGNC – Get Rating) by 133.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,308 shares of the real estate investment trust’s stock after buying an additional 13,338 shares during the period. Tower Research Capital LLC TRC’s holdings in AGNC Investment were worth $197,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of AGNC Investment by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 47,592,760 shares of the real estate investment trust’s stock valued at $623,465,000 after purchasing an additional 176,213 shares in the last quarter. Northern Trust Corp boosted its stake in shares of AGNC Investment by 28.6% during the 2nd quarter. Northern Trust Corp now owns 6,052,716 shares of the real estate investment trust’s stock worth $67,004,000 after acquiring an additional 1,346,753 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of AGNC Investment by 16.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,334,100 shares of the real estate investment trust’s stock valued at $44,912,000 after acquiring an additional 750,393 shares in the last quarter. Equity Investment Corp lifted its holdings in AGNC Investment by 5.9% in the 2nd quarter. Equity Investment Corp now owns 4,251,586 shares of the real estate investment trust’s stock worth $47,065,000 after purchasing an additional 237,142 shares during the last quarter. Finally, Centiva Capital LP boosted its position in AGNC Investment by 698.0% during the second quarter. Centiva Capital LP now owns 2,990,016 shares of the real estate investment trust’s stock worth $33,100,000 after purchasing an additional 3,490,016 shares during the period. Institutional investors own 40.87% of the company’s stock.

AGNC Investment Price Performance

AGNC Investment stock opened at $10.72 on Tuesday. The firm has a market capitalization of $6.16 billion, a P/E ratio of -4.22 and a beta of 1.21. The business has a 50-day moving average of $11.18 and a 200-day moving average of $10.31. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.02. AGNC Investment Corp. has a 1 year low of $7.30 and a 1 year high of $13.64.

AGNC Investment (NASDAQ:AGNC – Get Rating) last issued its earnings results on Tuesday, January 31st. The real estate investment trust reported $0.74 EPS for the quarter, beating the consensus estimate of $0.65 by $0.09. The firm had revenue of $25.00 million during the quarter, compared to the consensus estimate of $415.17 million. AGNC Investment had a negative net margin of 80.24% and a positive return on equity of 26.82%. The business’s quarterly revenue was down 89.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 earnings per share. On average, equities analysts anticipate that AGNC Investment Corp. will post 2.21 EPS for the current year.

AGNC Investment Dividend Announcement

The firm also recently announced a feb 23 dividend, which will be paid on Thursday, March 9th. Shareholders of record on Tuesday, February 28th will be paid a $0.12 dividend. The ex-dividend date is Monday, February 27th. This represents a yield of 12.7%. AGNC Investment’s payout ratio is -56.69%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Royal Bank of Canada boosted their price objective on shares of AGNC Investment from $9.00 to $12.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 7th. Maxim Group upped their price target on shares of AGNC Investment from $9.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday, February 1st. Barclays lifted their price objective on AGNC Investment from $9.00 to $12.00 in a research note on Friday, January 6th. Argus downgraded AGNC Investment from a “buy” rating to a “hold” rating in a research note on Monday, February 6th. Finally, Credit Suisse Group lifted their price target on AGNC Investment to $9.50 in a research report on Friday, December 2nd. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.75.

Insiders Place Their Bets

In other news, EVP Kenneth L. Pollack sold 10,910 shares of AGNC Investment stock in a transaction dated Wednesday, February 15th. The stock was sold at an average price of $11.34, for a total transaction of $123,719.40. Following the transaction, the executive vice president now owns 228,634 shares in the company, valued at approximately $2,592,709.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.41% of the company’s stock.

AGNC Investment Company Profile

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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).