Yousif Capital Management LLC Purchases 8,194 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Yousif Capital Management LLC lifted its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 24.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,048 shares of the real estate investment trust’s stock after acquiring an additional 8,194 shares during the quarter. Yousif Capital Management LLC’s holdings in AGNC Investment were worth $403,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its position in shares of AGNC Investment by 8.6% during the fourth 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 acquiring an additional 581,352 shares during the last quarter. Farringdon Capital Ltd. acquired a new stake in shares of AGNC Investment during the fourth quarter worth $639,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of AGNC Investment by 96.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 110,113 shares of the real estate investment trust’s stock worth $1,014,000 after purchasing an additional 54,049 shares during the period. Sei Investments Co. grew its stake in shares of AGNC Investment by 10.0% during the fourth quarter. Sei Investments Co. now owns 408,004 shares of the real estate investment trust’s stock worth $3,758,000 after purchasing an additional 37,150 shares during the period. Finally, Steward Partners Investment Advisory LLC grew its stake in shares of AGNC Investment by 48.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 56,607 shares of the real estate investment trust’s stock worth $521,000 after purchasing an additional 18,476 shares during the period. Institutional investors own 38.28% of the company’s stock.

Insider Transactions at AGNC Investment

In related news, EVP Kenneth L. Pollack sold 17,500 shares of the company’s stock in a transaction dated 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 owns 447,841 shares in the company, valued at approximately $4,044,004.23. This represents a 3.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Bernice Bell sold 8,000 shares of the company’s stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $8.88, for a total value of $71,040.00. Following the sale, the executive vice president now owns 374,019 shares in the company, valued at $3,321,288.72. The trade was a 2.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,384 shares of company stock valued at $1,228,039 over the last three months. Company insiders own 0.42% of the company’s stock.

Analysts Set New Price Targets

AGNC has been the subject of a number of analyst reports. Wells Fargo & Company decreased their price objective on AGNC Investment from $11.00 to $10.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Royal Bank Of Canada decreased their price objective on AGNC Investment from $11.00 to $10.00 and set an “outperform” rating for the company in a research note on Tuesday, April 29th. Wall Street Zen cut AGNC Investment from a “hold” rating to a “sell” rating in a research note on Tuesday, May 6th. Jones Trading decreased their price objective on AGNC Investment from $10.25 to $9.50 and set a “buy” rating for the company in a research note on Tuesday, April 22nd. Finally, Keefe, Bruyette & Woods decreased their target price on AGNC Investment from $10.25 to $9.50 and set an “outperform” rating for the company in a research note on Tuesday, June 3rd. One equities 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 presently has an average rating of “Moderate Buy” and a consensus target price of $9.75.

AGNC Investment Stock Down 0.2%

AGNC stock opened at $9.24 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.28 and a quick ratio of 0.28. The stock has a market capitalization of $9.43 billion, a P/E ratio of 23.10 and a beta of 1.29. The business has a 50-day moving average of $8.92 and a 200-day moving average of $9.45. AGNC Investment Corp. has a fifty-two week low of $7.85 and a fifty-two week high of $10.85.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. The company had revenue of $846.00 million during the quarter, compared to analysts’ expectations of $436.71 million. AGNC Investment had a return on equity of 20.36% and a net margin of 14.91%. During the same period in the prior year, the firm earned $0.58 earnings per share. On average, sell-side analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

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

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).