AGNC Investment Corp. (NASDAQ:AGNC) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC raised its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 6.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 34,271 shares of the real estate investment trust’s stock after purchasing an additional 2,090 shares during the quarter. Yousif Capital Management LLC’s holdings in AGNC Investment were worth $336,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of AGNC Investment during the 4th quarter worth about $38,593,000. Citigroup Inc. raised its position in AGNC Investment by 103.2% in the 3rd quarter. Citigroup Inc. now owns 185,721 shares of the real estate investment trust’s stock valued at $1,753,000 after purchasing an additional 94,332 shares during the last quarter. Van ECK Associates Corp boosted its stake in AGNC Investment by 4.7% during the 3rd quarter. Van ECK Associates Corp now owns 1,752,044 shares of the real estate investment trust’s stock worth $16,539,000 after purchasing an additional 78,253 shares during the period. Stifel Financial Corp grew its position in AGNC Investment by 48.0% during the 3rd quarter. Stifel Financial Corp now owns 451,460 shares of the real estate investment trust’s stock worth $4,262,000 after purchasing an additional 146,406 shares during the last quarter. Finally, QRG Capital Management Inc. acquired a new position in AGNC Investment in the third quarter valued at $3,655,000. Hedge funds and other institutional investors own 38.28% of the company’s stock.

Insider Buying and Selling at AGNC Investment

In other news, Director Paul E. Mullings sold 5,400 shares of AGNC Investment stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $9.40, for a total transaction of $50,760.00. Following the completion of the transaction, the director now owns 111,827 shares of the company’s stock, valued at approximately $1,051,173.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other AGNC Investment news, Director Paul E. Mullings sold 5,400 shares of the firm’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $9.40, for a total transaction of $50,760.00. Following the completion of the transaction, the director now directly owns 111,827 shares in the company, valued at approximately $1,051,173.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Bernice Bell sold 3,500 shares of the company’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $9.32, for a total transaction of $32,620.00. Following the completion of the sale, the chief financial officer now directly owns 309,973 shares in the company, valued at approximately $2,888,948.36. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,900 shares of company stock valued at $149,030. Insiders own 0.43% of the company’s stock.

Analyst Ratings Changes

AGNC has been the subject of several recent research reports. Barclays increased 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 note on Monday, January 22nd. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a report on Thursday, April 18th. StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, March 12th. Compass Point assumed coverage on shares of AGNC Investment in a research note on Tuesday, February 20th. They issued a “buy” rating and a $10.25 price objective on the stock. Finally, Keefe, Bruyette & Woods cut their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “outperform” rating for the company in a research report on Wednesday, April 24th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $9.79.

AGNC Investment Stock Performance

Shares of AGNC opened at $9.54 on Tuesday. 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 Corp. has a 52-week low of $6.81 and a 52-week high of $10.64. The company has a 50-day simple moving average of $9.53 and a 200-day simple moving average of $9.29. The company has a market capitalization of $6.63 billion, a PE ratio of 10.48 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The company had revenue of $642.00 million during the quarter, compared to the consensus estimate of $568.38 million. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. During the same period last year, the firm earned $0.70 EPS. Equities research analysts predict that AGNC Investment Corp. will post 2.1 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The company 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 is Monday, April 29th. This represents a yield of 15.4%. AGNC Investment’s payout ratio is 158.24%.

About AGNC Investment

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).