Raymond James Trust N.A. Has $129,000 Stake in AGNC Investment Corp. (NASDAQ:AGNC)

Raymond James Trust N.A. decreased its holdings in AGNC Investment Corp. (NASDAQ:AGNCFree Report) by 17.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 13,187 shares of the real estate investment trust’s stock after selling 2,795 shares during the period. Raymond James Trust N.A.’s holdings in AGNC Investment were worth $129,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Coppell Advisory Solutions Corp. acquired a new position in shares of AGNC Investment in the 4th quarter valued at about $27,000. Coppell Advisory Solutions LLC acquired a new position in shares of AGNC Investment in the 2nd quarter valued at about $29,000. Worth Asset Management LLC acquired a new position in shares of AGNC Investment in the 1st quarter valued at about $35,000. Bruce G. Allen Investments LLC bought a new stake in shares of AGNC Investment in the 4th quarter valued at approximately $37,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of AGNC Investment by 128.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,580 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 2,015 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Stock Up 0.5 %

Shares of AGNC stock opened at $9.79 on Thursday. AGNC Investment Corp. has a 12 month low of $6.81 and a 12 month high of $10.64. The firm has a market cap of $6.80 billion, a PE ratio of 979.00 and a beta of 1.45. The stock has a 50 day moving average of $9.61 and a 200-day moving average of $9.28. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNCGet Free Report) last issued its quarterly earnings results on Monday, January 29th. The real estate investment trust reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.11. AGNC Investment had a return on equity of 28.02% and a net margin of 7.59%. The company had revenue of $640.00 million during the quarter, compared to analyst estimates of $570.42 million. During the same period in the previous year, the company earned $0.74 earnings per share. On average, equities analysts predict that AGNC Investment Corp. will post 2.16 EPS for the current year.

AGNC Investment Dividend Announcement

The company also recently announced a mar 24 dividend, which will be paid on Tuesday, April 9th. Investors of record on Friday, March 29th will be paid a $0.12 dividend. The ex-dividend date is Wednesday, March 27th. This represents a dividend yield of 14.8%. AGNC Investment’s payout ratio is 14,400.00%.

Analyst Ratings Changes

Several brokerages recently commented on AGNC. Keefe, Bruyette & Woods boosted their price target on AGNC Investment from $8.50 to $10.00 and gave the company an “outperform” rating in a research note on Wednesday, December 13th. Royal Bank of Canada decreased their target price on AGNC Investment from $11.00 to $10.00 and set an “outperform” rating for the company in a research report on Thursday, January 25th. Compass Point started coverage on AGNC Investment in a research report on Tuesday, February 20th. They set a “buy” rating and a $10.25 target price for the company. Barclays upped their target price on AGNC Investment from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Monday, January 22nd. Finally, StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $10.06.

Get Our Latest Analysis on AGNC

Insider Activity at AGNC Investment

In related news, CFO Bernice Bell sold 10,000 shares of the company’s stock in a transaction on Friday, January 26th. The stock was sold at an average price of $9.85, for a total value of $98,500.00. Following the completion of the transaction, the chief financial officer now directly owns 287,282 shares in the company, valued at $2,829,727.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.43% of the stock is currently owned by corporate insiders.

About AGNC Investment

(Free Report)

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).

See Also

Want to see what other hedge funds are holding AGNC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AGNC Investment Corp. (NASDAQ:AGNCFree Report).

Institutional Ownership by Quarter for AGNC Investment (NASDAQ:AGNC)

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