J.W. Cole Advisors Inc. Raises Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

J.W. Cole Advisors Inc. grew its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 38.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,141 shares of the real estate investment trust’s stock after purchasing an additional 4,169 shares during the period. J.W. Cole Advisors Inc.’s holdings in AGNC Investment were worth $149,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of AGNC. Vaughan Nelson Investment Management L.P. bought a new stake in shares of AGNC Investment in the 4th quarter worth $38,593,000. Clearbridge Investments LLC increased its holdings in shares of AGNC Investment by 85.6% in the 3rd quarter. Clearbridge Investments LLC now owns 7,301,298 shares of the real estate investment trust’s stock worth $68,924,000 after purchasing an additional 3,367,112 shares in the last quarter. Artemis Investment Management LLP bought a new stake in shares of AGNC Investment in the 4th quarter worth $10,648,000. Wellington Management Group LLP boosted its stake in shares of AGNC Investment by 1,401.6% in the 3rd quarter. Wellington Management Group LLP now owns 1,112,977 shares of the real estate investment trust’s stock worth $10,507,000 after buying an additional 1,038,856 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its stake in shares of AGNC Investment by 1,054.4% in the 4th quarter. International Assets Investment Management LLC now owns 798,661 shares of the real estate investment trust’s stock worth $81,413,000 after buying an additional 729,476 shares during the last quarter. Institutional investors own 38.28% of the company’s stock.

AGNC Investment Trading Up 1.0 %

Shares of NASDAQ AGNC opened at $9.33 on Friday. The business’s 50 day moving average is $9.55 and its two-hundred day moving average is $9.26. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26. AGNC Investment Corp. has a 1-year low of $6.81 and a 1-year high of $10.64. The stock has a market capitalization of $6.48 billion, a P/E ratio of 10.25 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings data on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.02. AGNC Investment had a return on equity of 27.92% and a net margin of 32.12%. The company had revenue of $642.00 million for the quarter, compared to analysts’ expectations of $568.38 million. During the same period in the previous year, the firm posted $0.70 earnings per share. As a group, research analysts expect that AGNC Investment Corp. will post 2.18 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a dividend yield of 15.4%. AGNC Investment’s dividend payout ratio (DPR) is presently 158.24%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on AGNC shares. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research report on Thursday, April 18th. Jonestrading lowered their target price on AGNC Investment from $10.75 to $10.25 and set a “buy” rating on the stock in a research report on Tuesday. StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Barclays lifted their target price on AGNC Investment from $8.00 to $9.00 and gave the company an “equal weight” rating in a research report on Monday, January 22nd. Finally, Compass Point started coverage on AGNC Investment in a research report on Tuesday, February 20th. They issued a “buy” rating and a $10.25 price objective on the stock. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $9.79.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total transaction of $46,750.00. Following the completion of the transaction, the director now owns 75,545 shares in the company, valued at $706,345.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.52% of the company’s stock.

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).