XTX Topco Ltd Makes New $1.32 Million Investment in AGNC Investment Corp. (NASDAQ:AGNC)

XTX Topco Ltd purchased a new stake in AGNC Investment Corp. (NASDAQ:AGNC) in the first quarter, according to its most recent filing with the SEC. The fund purchased 131,252 shares of the real estate investment trust’s stock, valued at approximately $1,323,000. AGNC Investment comprises 0.3% of XTX Topco Ltd’s portfolio, making the stock its 28th biggest position.

Several other large investors have also recently added to or reduced their stakes in the company. Private Portfolio Partners LLC boosted its holdings in shares of AGNC Investment by 20.9% in the 1st quarter. Private Portfolio Partners LLC now owns 22,849 shares of the real estate investment trust’s stock valued at $230,000 after buying an additional 3,950 shares during the period. Wetherby Asset Management Inc. increased its holdings in shares of AGNC Investment by 38.5% during the first quarter. Wetherby Asset Management Inc. now owns 17,168 shares of the real estate investment trust’s stock valued at $173,000 after purchasing an additional 4,769 shares during the period. Cresset Asset Management LLC lifted its holdings in AGNC Investment by 30.7% in the first quarter. Cresset Asset Management LLC now owns 72,885 shares of the real estate investment trust’s stock worth $743,000 after purchasing an additional 17,113 shares during the period. Continuum Advisory LLC bought a new position in AGNC Investment in the 1st quarter valued at about $121,000. Finally, BlackRock Inc. increased its stake in AGNC Investment by 1.6% during the 1st quarter. BlackRock Inc. now owns 33,303,058 shares of the real estate investment trust’s stock valued at $335,695,000 after buying an additional 523,955 shares during the period. 38.86% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on AGNC shares. Royal Bank of Canada reiterated an “outperform” rating and issued a $11.00 price target on shares of AGNC Investment in a research report on Wednesday, July 26th. JPMorgan Chase & Co. cut their target price on shares of AGNC Investment from $11.00 to $10.50 in a research note on Monday, July 24th. Finally, StockNews.com initiated coverage on shares of AGNC Investment in a research report on Thursday, August 17th. They issued a “hold” rating on the stock. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, AGNC Investment presently has an average rating of “Moderate Buy” and a consensus target price of $10.19.

AGNC Investment Price Performance

Shares of AGNC opened at $9.69 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.22 and a quick ratio of 0.22. The company has a market capitalization of $5.87 billion, a price-to-earnings ratio of -37.27 and a beta of 1.23. The business’s 50-day moving average is $9.93 and its 200-day moving average is $9.91. AGNC Investment Corp. has a fifty-two week low of $7.30 and a fifty-two week high of $12.25.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Tuesday, July 25th. The real estate investment trust reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.09. The company had revenue of $457.00 million for the quarter, compared to analyst estimates of $342.01 million. AGNC Investment had a return on equity of 29.59% and a net margin of 1.96%. During the same period in the prior year, the firm posted $0.83 EPS. Equities research analysts expect that AGNC Investment Corp. will post 2.4 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently announced a aug 23 dividend, which will be paid on Tuesday, September 12th. Investors of record on Thursday, August 31st will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a yield of 14.6%. AGNC Investment’s dividend payout ratio (DPR) is currently -553.85%.

Insider Activity

In related news, EVP Bernice Bell sold 5,000 shares of the firm’s stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $9.93, for a total value of $49,650.00. Following the transaction, the executive vice president now directly owns 258,947 shares in the company, valued at approximately $2,571,343.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, EVP Bernice Bell sold 5,000 shares of the stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $9.93, for a total transaction of $49,650.00. Following the completion of the sale, the executive vice president now owns 258,947 shares in the company, valued at approximately $2,571,343.71. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Morris A. Davis purchased 4,772 shares of the business’s stock in a transaction dated Thursday, July 27th. The shares were acquired at an average price of $10.48 per share, with a total value of $50,010.56. Following the completion of the acquisition, the director now owns 55,060 shares of the company’s stock, valued at $577,028.80. The disclosure for this purchase can be found here. Insiders own 0.52% of the company’s stock.

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).