Quadrature Capital Ltd Buys New Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Quadrature Capital Ltd purchased a new position in shares of AGNC Investment Corp. (NASDAQ:AGNCFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 170,191 shares of the real estate investment trust’s stock, valued at approximately $1,670,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank bought a new stake in AGNC Investment in the 4th quarter valued at $69,215,000. Vaughan Nelson Investment Management L.P. bought a new position in shares of AGNC Investment in the fourth quarter valued at about $38,593,000. Clearbridge Investments LLC lifted 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 worth $68,924,000 after buying an additional 3,367,112 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of AGNC Investment by 150.5% during the 4th quarter. Victory Capital Management Inc. now owns 5,175,807 shares of the real estate investment trust’s stock worth $50,775,000 after buying an additional 3,109,966 shares during the period. Finally, Dupree Financial Group LLC acquired a new position in AGNC Investment in the 4th quarter valued at about $21,370,000. Institutional investors own 38.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Compass Point started coverage on AGNC Investment in a report on Tuesday, February 20th. They issued a “buy” rating and a $10.25 price objective on the stock. Keefe, Bruyette & Woods dropped their target price on AGNC Investment from $10.00 to $9.50 and set an “outperform” rating for the company in a report on Wednesday, April 24th. Janney Montgomery Scott assumed coverage on shares of AGNC Investment in a research note on Thursday. They issued a “buy” rating and a $10.50 price target on the stock. Finally, Jonestrading reduced their price target 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. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $9.88.

Read Our Latest Analysis on AGNC Investment

AGNC Investment Stock Performance

NASDAQ:AGNC opened at $9.66 on Monday. AGNC Investment Corp. has a twelve month low of $6.81 and a twelve month high of $10.64. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.01. The stock’s 50-day simple moving average is $9.53 and its 200 day simple moving average is $9.55. The firm has a market capitalization of $7.02 billion, a PE ratio of 10.62 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNCGet Free Report) last posted its quarterly earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The company had revenue of $642.00 million for 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 27.14%. During the same period last year, the company posted $0.70 EPS. On average, analysts anticipate that AGNC Investment Corp. will post 2.14 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently declared a may 24 dividend, which will be paid on Tuesday, June 11th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a dividend yield of 14.9%. AGNC Investment’s dividend payout ratio (DPR) is presently 158.24%.

Insider Activity

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the company’s stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total value of $46,750.00. Following the completion of the transaction, the director now owns 75,545 shares of the company’s stock, valued at approximately $706,345.75. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, Director Paul E. Mullings sold 5,400 shares of the business’s 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 sale, the director now owns 111,827 shares of the company’s stock, valued at $1,051,173.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Frances Spark sold 5,000 shares of the firm’s stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total value of $46,750.00. Following the transaction, the director now directly owns 75,545 shares of the company’s stock, valued at $706,345.75. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,900 shares of company stock worth $149,030. Insiders own 0.52% of the company’s stock.

About AGNC Investment

(Free Report)

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).

Featured Articles

Want to see what other hedge funds are holding AGNC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AGNC Investment Corp. (NASDAQ:AGNCFree Report).

Institutional Ownership by Quarter for AGNC Investment (NASDAQ:AGNC)

Receive News & Ratings for AGNC Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGNC Investment and related companies with MarketBeat.com's FREE daily email newsletter.