Private Trust Co. NA Acquires 3,352 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Private Trust Co. NA lifted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 110.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 6,377 shares of the real estate investment trust’s stock after acquiring an additional 3,352 shares during the period. Private Trust Co. NA’s holdings in AGNC Investment were worth $63,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in AGNC Investment by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 57,347,540 shares of the real estate investment trust’s stock valued at $541,361,000 after purchasing an additional 242,548 shares during the last quarter. BlackRock Inc. lifted its holdings 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 purchasing an additional 523,955 shares during the last quarter. State Street Corp lifted its holdings in AGNC Investment by 2.7% during the 2nd quarter. State Street Corp now owns 15,338,384 shares of the real estate investment trust’s stock valued at $157,098,000 after purchasing an additional 402,771 shares during the last quarter. Geode Capital Management LLC lifted its holdings in AGNC Investment by 3.5% during the 1st quarter. Geode Capital Management LLC now owns 8,438,287 shares of the real estate investment trust’s stock valued at $85,058,000 after purchasing an additional 287,134 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its holdings in AGNC Investment by 85.6% during the 3rd quarter. Clearbridge Investments LLC now owns 7,301,298 shares of the real estate investment trust’s stock valued at $68,924,000 after purchasing an additional 3,367,112 shares during the last quarter. 38.28% of the stock is owned by institutional investors.

AGNC Investment Stock Down 4.7 %

Shares of NASDAQ AGNC opened at $9.32 on Thursday. The stock has a market cap of $6.48 billion, a P/E ratio of 932.93 and a beta of 1.45. The firm has a 50 day moving average price of $9.60 and a 200 day moving average price of $9.26. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.26 and a current ratio of 0.26. AGNC Investment Corp. has a 52-week low of $6.81 and a 52-week high of $10.64.

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

AGNC Investment Announces Dividend

The company also recently disclosed a apr 24 dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 30th will be issued a dividend of $0.12 per share. AGNC Investment’s dividend payout ratio is currently 14,414.41%.

Insider Activity at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 10,000 shares of AGNC Investment stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $9.85, for a total value of $98,500.00. Following the transaction, the chief financial officer now owns 287,282 shares of the company’s stock, valued at $2,829,727.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.43% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on AGNC. Royal Bank of Canada cut their price target on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating for the company in a report on Thursday, January 25th. Compass Point began coverage on shares of AGNC Investment in a research report on Tuesday, February 20th. They issued a “buy” rating and a $10.25 price objective for the company. Jonestrading began coverage on shares of AGNC Investment in a research report on Friday, March 22nd. They issued a “buy” rating and a $10.75 price objective for the company. Keefe, Bruyette & Woods raised their price objective on shares of AGNC Investment from $8.50 to $10.00 and gave the company an “outperform” rating in a research report on Wednesday, December 13th. Finally, StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $9.93.

AGNC Investment 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).