AGNC Investment Corp. (NASDAQ:AGNC) Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. cut its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 46.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 247,383 shares of the real estate investment trust’s stock after selling 217,823 shares during the quarter. Federated Hermes Inc.’s holdings in AGNC Investment were worth $2,427,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. SG Americas Securities LLC raised its holdings in shares of AGNC Investment by 136.4% during the third quarter. SG Americas Securities LLC now owns 27,950 shares of the real estate investment trust’s stock worth $264,000 after acquiring an additional 16,125 shares in the last quarter. All Season Financial Advisors Inc. raised its holdings in shares of AGNC Investment by 5.7% during the third quarter. All Season Financial Advisors Inc. now owns 59,862 shares of the real estate investment trust’s stock worth $565,000 after acquiring an additional 3,251 shares in the last quarter. Xponance Inc. raised its holdings in shares of AGNC Investment by 71.9% during the third quarter. Xponance Inc. now owns 34,191 shares of the real estate investment trust’s stock worth $323,000 after acquiring an additional 14,304 shares in the last quarter. Raymond James & Associates raised its holdings in shares of AGNC Investment by 1.1% during the third quarter. Raymond James & Associates now owns 1,078,421 shares of the real estate investment trust’s stock worth $10,180,000 after acquiring an additional 11,459 shares in the last quarter. Finally, Capital Advisors Inc. OK raised its holdings in shares of AGNC Investment by 0.7% during the third quarter. Capital Advisors Inc. OK now owns 1,892,309 shares of the real estate investment trust’s stock worth $17,863,000 after acquiring an additional 14,053 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

Insiders Place Their Bets

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the stock in a transaction 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 directly owns 75,545 shares in the company, valued at $706,345.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.52% of the company’s stock.

Analysts Set New Price Targets

AGNC has been the subject of several recent research reports. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a report on Thursday, April 18th. Royal Bank of Canada reduced their target price on AGNC Investment from $11.00 to $10.00 and set an “outperform” rating for the company in a report on Thursday, January 25th. 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. StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Finally, Jonestrading decreased their target price on AGNC Investment from $10.75 to $10.25 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $9.79.

AGNC Investment Stock Up 1.0 %

Shares of AGNC stock opened at $9.33 on Monday. The stock has a market cap of $6.48 billion, a P/E ratio of 10.25 and a beta of 1.45. AGNC Investment Corp. has a one year low of $6.81 and a one year high of $10.64. The stock has a fifty day moving average price of $9.55 and a 200 day moving average price of $9.27. 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 (NASDAQ:AGNC) last issued its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 EPS for the quarter, topping the consensus estimate of $0.56 by $0.02. The firm had revenue of $642.00 million during the quarter, compared to analysts’ expectations of $568.38 million. AGNC Investment had a return on equity of 27.92% and a net margin of 32.12%. During the same period last year, the business earned $0.70 earnings per share. Analysts predict that AGNC Investment Corp. will post 2.1 earnings per share for the current year.

AGNC Investment Dividend Announcement

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

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).