Captrust Financial Advisors Increases Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Captrust Financial Advisors increased its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 12.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 58,951 shares of the real estate investment trust’s stock after buying an additional 6,511 shares during the quarter. Captrust Financial Advisors’ holdings in AGNC Investment were worth $543,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC grew its holdings in AGNC Investment by 4.8% in the third quarter. Barclays PLC now owns 1,552,969 shares of the real estate investment trust’s stock valued at $16,242,000 after purchasing an additional 71,330 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of AGNC Investment by 8.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust’s stock worth $67,690,000 after buying an additional 581,352 shares during the last quarter. Farringdon Capital Ltd. purchased a new position in shares of AGNC Investment in the 4th quarter worth $639,000. Yousif Capital Management LLC raised its position in shares of AGNC Investment by 4.8% in the 4th quarter. Yousif Capital Management LLC now owns 33,854 shares of the real estate investment trust’s stock worth $312,000 after buying an additional 1,551 shares during the period. Finally, Fortitude Advisory Group L.L.C. boosted its holdings in AGNC Investment by 87.6% in the fourth quarter. Fortitude Advisory Group L.L.C. now owns 98,144 shares of the real estate investment trust’s stock valued at $904,000 after acquiring an additional 45,815 shares during the last quarter. Hedge funds and other institutional investors own 38.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Keefe, Bruyette & Woods cut their price objective on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a report on Wednesday, January 29th. JPMorgan Chase & Co. cut their price target on shares of AGNC Investment from $9.50 to $8.50 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Wells Fargo & Company dropped their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an “overweight” rating for the company in a research report on Tuesday, April 22nd. Finally, Jones Trading decreased their price target on shares of AGNC Investment from $10.25 to $9.50 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, AGNC Investment currently has a consensus rating of “Moderate Buy” and an average price target of $9.96.

AGNC Investment Stock Performance

AGNC Investment stock opened at $9.18 on Monday. AGNC Investment Corp. has a 12-month low of $7.85 and a 12-month high of $10.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The company has a market capitalization of $9.37 billion, a price-to-earnings ratio of 9.46 and a beta of 1.30. The firm’s fifty day moving average price is $9.12 and its 200 day moving average price is $9.53.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $846.00 million for the quarter, compared to analyst estimates of $436.71 million. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. During the same period in the previous year, the company earned $0.58 earnings per share. On average, research analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently announced a may 25 dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.12 per share. This represents a dividend yield of 16.2%. The ex-dividend date is Friday, May 30th. AGNC Investment’s dividend payout ratio (DPR) is currently 360.00%.

Insider Transactions at AGNC Investment

In other AGNC Investment news, CEO Peter J. Federico sold 48,333 shares of the firm’s stock in a transaction on Friday, April 25th. The shares were sold at an average price of $8.70, for a total transaction of $420,497.10. Following the completion of the transaction, the chief executive officer now directly owns 1,691,421 shares of the company’s stock, valued at $14,715,362.70. This trade represents a 2.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kenneth L. Pollack sold 17,500 shares of the company’s stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $9.03, for a total transaction of $158,025.00. Following the completion of the sale, the executive vice president now owns 447,841 shares in the company, valued at approximately $4,044,004.23. This trade represents a 3.76% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 139,384 shares of company stock valued at $1,228,039. 0.42% of the stock is currently owned by corporate insiders.

AGNC Investment Company 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).