Natixis Advisors L.P. Makes New Investment in AGNC Investment Corp. (NASDAQ:AGNC)

Natixis Advisors L.P. acquired a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 669,490 shares of the real estate investment trust’s stock, valued at approximately $6,567,000.

A number of other institutional investors have also recently bought and sold shares of AGNC. Bruce G. Allen Investments LLC acquired a new stake in AGNC Investment during the 4th quarter worth about $37,000. CENTRAL TRUST Co bought a new position in shares of AGNC Investment in the 4th quarter valued at approximately $46,000. Allworth Financial LP increased its position in AGNC Investment by 76.5% in the 4th quarter. Allworth Financial LP now owns 4,836 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 2,096 shares during the period. Carmichael Hill & Associates Inc. increased its position in AGNC Investment by 66.8% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 6,066 shares of the real estate investment trust’s stock worth $57,000 after buying an additional 2,429 shares during the period. Finally, Private Trust Co. NA increased its position in AGNC Investment by 110.8% in the 4th quarter. Private Trust Co. NA now owns 6,377 shares of the real estate investment trust’s stock worth $63,000 after buying an additional 3,352 shares during the period. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Jonestrading lowered their price objective on AGNC Investment from $10.75 to $10.25 and set a “buy” rating on the stock in a research report on Tuesday, April 23rd. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research note on Thursday, April 18th. StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, March 12th. Keefe, Bruyette & Woods decreased their price target on AGNC Investment from $10.00 to $9.50 and set an “outperform” rating on the stock in a research note on Wednesday, April 24th. Finally, Compass Point started coverage on AGNC Investment in a research note on Tuesday, February 20th. They issued a “buy” rating and a $10.25 price target on the stock. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $9.79.

Insider Activity at AGNC Investment

In other AGNC Investment news, Director Paul E. Mullings sold 5,400 shares of the business’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $9.40, for a total value of $50,760.00. Following the completion of the transaction, the director now directly owns 111,827 shares of the company’s stock, valued at $1,051,173.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, Director Frances Spark sold 5,000 shares of the firm’s stock in a transaction on 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 $706,345.75. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Paul E. Mullings sold 5,400 shares of the company’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 completion of the transaction, the director now directly owns 111,827 shares of the company’s stock, valued at $1,051,173.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 15,900 shares of company stock worth $149,030. 0.43% of the stock is owned by insiders.

AGNC Investment Trading Up 1.2 %

AGNC stock opened at $9.64 on Friday. The business has a fifty day moving average of $9.53 and a 200-day moving average of $9.30. The company has a market cap of $6.70 billion, a P/E ratio of 10.59 and a beta of 1.45. 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 twelve month low of $6.81 and a twelve month high of $10.64.

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

AGNC Investment Dividend Announcement

The business also recently disclosed a may 24 dividend, which will be paid on Tuesday, June 11th. Investors of record on Friday, May 31st will be issued a $0.12 dividend. AGNC Investment’s dividend payout ratio is presently 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).