AGNC Investment Corp. (NASDAQ:AGNC) Shares Purchased by Russell Investments Group Ltd.

Russell Investments Group Ltd. grew its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 397.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 816,904 shares of the real estate investment trust’s stock after purchasing an additional 652,799 shares during the period. Russell Investments Group Ltd.’s holdings in AGNC Investment were worth $8,015,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of AGNC. PL Capital Advisors LLC boosted its holdings in shares of AGNC Investment by 210.2% in the fourth quarter. PL Capital Advisors LLC now owns 620,772 shares of the real estate investment trust’s stock worth $6,090,000 after buying an additional 420,672 shares during the period. Kovack Advisors Inc. grew its position in AGNC Investment by 23.5% during the 4th quarter. Kovack Advisors Inc. now owns 209,194 shares of the real estate investment trust’s stock worth $2,052,000 after purchasing an additional 39,816 shares in the last quarter. State of New Jersey Common Pension Fund D raised its stake in AGNC Investment by 7.5% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 313,028 shares of the real estate investment trust’s stock valued at $3,071,000 after purchasing an additional 21,896 shares during the period. Atria Wealth Solutions Inc. lifted its holdings in shares of AGNC Investment by 41.6% in the fourth quarter. Atria Wealth Solutions Inc. now owns 140,033 shares of the real estate investment trust’s stock valued at $1,377,000 after purchasing an additional 41,158 shares in the last quarter. Finally, Alaska Permanent Fund Corp boosted its position in shares of AGNC Investment by 1.9% in the fourth quarter. Alaska Permanent Fund Corp now owns 242,635 shares of the real estate investment trust’s stock worth $2,380,000 after buying an additional 4,535 shares during the period. Institutional investors and hedge funds own 38.28% of the company’s stock.

Insider Buying and Selling

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

AGNC Investment Trading Down 0.2 %

Shares of NASDAQ:AGNC opened at $9.52 on Wednesday. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $6.62 billion, a PE ratio of 10.46 and a beta of 1.45. AGNC Investment Corp. has a 1 year low of $6.81 and a 1 year high of $10.64. The firm has a fifty day moving average price of $9.52 and a 200 day moving average price of $9.30.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings results 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 return on equity of 27.92% and a net margin of 32.12%. The company had revenue of $642.00 million during the quarter, compared to the consensus estimate of $568.38 million. During the same quarter in the prior year, the company posted $0.70 EPS. Analysts expect that AGNC Investment Corp. will post 2.1 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Jonestrading reduced their price objective on AGNC Investment from $10.75 to $10.25 and set a “buy” rating for the company in a research note on Tuesday, April 23rd. StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, March 12th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, April 18th. Barclays boosted their price target on shares of AGNC Investment from $8.00 to $9.00 and gave the company an “equal weight” rating in a report on Monday, January 22nd. Finally, Keefe, Bruyette & Woods reduced their price objective on 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $9.79.

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).