Wealthcare Advisory Partners LLC Raises Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Wealthcare Advisory Partners LLC grew its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 14.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,991 shares of the real estate investment trust’s stock after acquiring an additional 2,465 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in AGNC Investment were worth $192,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Yousif Capital Management LLC grew its holdings in shares of AGNC Investment by 4.8% in the fourth quarter. Yousif Capital Management LLC now owns 33,854 shares of the real estate investment trust’s stock worth $312,000 after acquiring an additional 1,551 shares during the period. Stephens Inc. AR boosted its position in AGNC Investment by 7.8% in the fourth quarter. Stephens Inc. AR now owns 41,009 shares of the real estate investment trust’s stock worth $378,000 after purchasing an additional 2,954 shares during the last quarter. Blue Trust Inc. grew its stake in shares of AGNC Investment by 304.6% during the 4th quarter. Blue Trust Inc. now owns 15,800 shares of the real estate investment trust’s stock valued at $146,000 after purchasing an additional 11,895 shares during the period. Rhumbline Advisers lifted its stake in shares of AGNC Investment by 4.8% in the 4th quarter. Rhumbline Advisers now owns 729,565 shares of the real estate investment trust’s stock worth $6,719,000 after purchasing an additional 33,700 shares during the period. Finally, Principal Securities Inc. grew its position in AGNC Investment by 7.5% during the fourth quarter. Principal Securities Inc. now owns 57,859 shares of the real estate investment trust’s stock valued at $533,000 after buying an additional 4,015 shares during the period. 38.28% of the stock is currently owned by institutional investors.

AGNC Investment Stock Down 1.1%

Shares of AGNC opened at $9.30 on Monday. The business’s 50 day moving average is $8.85 and its 200 day moving average is $9.46. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 12-month low of $7.85 and a 12-month high of $10.85. The company has a market capitalization of $9.49 billion, a PE ratio of 9.59 and a beta of 1.29.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. The business had revenue of $846.00 million during the quarter, compared to analyst estimates of $436.71 million. During the same period last year, the firm posted $0.58 EPS. Research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently declared a jun 25 dividend, which will be paid on Thursday, July 10th. Shareholders of record on Monday, June 30th will be paid a $0.12 dividend. This represents a yield of 15.5%. The ex-dividend date is Monday, June 30th. AGNC Investment’s payout ratio is currently 360.00%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on AGNC. Jones Trading dropped their price target on shares of AGNC Investment from $10.25 to $9.50 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. Wells Fargo & Company lowered their target price on AGNC Investment from $11.00 to $10.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 22nd. Wall Street Zen cut AGNC Investment from a “hold” rating to a “sell” rating in a research report on Tuesday, May 6th. JPMorgan Chase & Co. lowered their price objective on AGNC Investment from $9.50 to $8.50 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th. Finally, Argus reiterated a “hold” rating on shares of AGNC Investment in a research note on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $9.75.

Insider Buying and Selling at AGNC Investment

In other news, EVP Kenneth L. Pollack sold 17,500 shares of the company’s stock in a transaction that occurred on Tuesday, April 29th. The stock was sold at an average price of $9.03, for a total transaction of $158,025.00. Following the sale, the executive vice president now directly owns 447,841 shares of the company’s stock, valued at $4,044,004.23. This represents a 3.76% 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, 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 approximately $14,715,362.70. This trade represents a 2.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 139,384 shares of company stock valued at $1,228,039 in the last 90 days. Insiders own 0.42% of the company’s stock.

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).