AGNC Investment Corp. (NASDAQ:AGNC) Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB raised its position in AGNC Investment Corp. (NASDAQ:AGNC) by 27.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 105,300 shares of the real estate investment trust’s stock after buying an additional 22,800 shares during the period. Handelsbanken Fonder AB’s holdings in AGNC Investment were worth $1,033,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of AGNC. Vaughan Nelson Investment Management L.P. purchased a new position in AGNC Investment in the fourth quarter valued at about $38,593,000. Clearbridge Investments LLC boosted its stake in shares of 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 buying an additional 3,367,112 shares during the last quarter. Dupree Financial Group LLC acquired a new stake in shares of AGNC Investment during the fourth quarter worth approximately $21,370,000. Artemis Investment Management LLP bought a new stake in shares of AGNC Investment in the fourth quarter worth $10,648,000. Finally, Wellington Management Group LLP raised its holdings in AGNC Investment by 1,401.6% in the third quarter. Wellington Management Group LLP now owns 1,112,977 shares of the real estate investment trust’s stock valued at $10,507,000 after acquiring an additional 1,038,856 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $9.35, for a total transaction of $46,750.00. Following the sale, the director now directly owns 75,545 shares in the company, valued at approximately $706,345.75. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.52% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AGNC. Barclays boosted their target price on shares of AGNC Investment from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Monday, January 22nd. Jonestrading decreased their target price on shares of AGNC Investment from $10.75 to $10.25 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, April 18th. Compass Point initiated coverage on AGNC Investment in a research report on Tuesday, February 20th. They set a “buy” rating and a $10.25 price objective for the company. Finally, StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $9.79.

AGNC Investment Stock Up 1.0 %

AGNC opened at $9.33 on Monday. AGNC Investment Corp. has a 1-year low of $6.81 and a 1-year high of $10.64. The business has a 50 day moving average of $9.55 and a 200-day moving average of $9.27. The stock has a market capitalization of $6.48 billion, a price-to-earnings ratio of 10.25 and a beta of 1.45. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.02. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. The company had revenue of $642.00 million for the quarter, compared to the consensus estimate of $568.38 million. During the same quarter in the previous year, the firm posted $0.70 EPS. As a group, sell-side analysts anticipate that AGNC Investment Corp. will post 2.1 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 30th will be paid a $0.12 dividend. The ex-dividend date is Monday, April 29th. This represents a dividend yield of 15.4%. AGNC Investment’s payout ratio is 158.24%.

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).