Cwm LLC Boosts Stock Position in AGNC Investment Corp. (NASDAQ:AGNC)

Cwm LLC raised its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 5.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,589 shares of the real estate investment trust’s stock after purchasing an additional 1,860 shares during the period. Cwm LLC’s holdings in AGNC Investment were worth $341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fourth Dimension Wealth LLC purchased a new position in AGNC Investment in the fourth quarter valued at about $26,000. National Bank of Canada FI raised its position in shares of AGNC Investment by 112.7% in the 4th quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 1,832 shares during the last quarter. Rossby Financial LCC purchased a new position in shares of AGNC Investment in the 1st quarter valued at approximately $38,000. CoreCap Advisors LLC raised its position in shares of AGNC Investment by 34.8% in the 4th quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 1,229 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL raised its position in shares of AGNC Investment by 150.0% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 5,000 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 3,000 shares during the last quarter. Hedge funds and other institutional investors own 38.28% of the company’s stock.

AGNC Investment Price Performance

Shares of NASDAQ AGNC opened at $9.71 on Friday. The business’s 50 day moving average price is $9.23 and its 200 day moving average price is $9.44. The firm has a market cap of $9.91 billion, a P/E ratio of 28.56 and a beta of 1.28. AGNC Investment Corp. has a 52 week low of $7.85 and a 52 week high of $10.85. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, July 21st. The real estate investment trust reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). AGNC Investment had a net margin of 11.50% and a return on equity of 19.63%. The firm had revenue of $830.00 million during the quarter, compared to analysts’ expectations of $447.37 million. During the same quarter in the prior year, the company earned $0.53 EPS. On average, sell-side analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The business also recently disclosed a jul 25 dividend, which will be paid on Monday, August 11th. Shareholders of record on Thursday, July 31st will be given a $0.12 dividend. The ex-dividend date is Thursday, July 31st. This represents a yield of 15.2%. AGNC Investment’s dividend payout ratio is presently 423.53%.

Insider Buying and Selling

In other AGNC Investment news, EVP Bernice Bell sold 8,000 shares of the company’s stock in a transaction that occurred on 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 owned 374,019 shares in the company, valued at approximately $3,321,288.72. This represents a 2.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Donna Blank sold 17,218 shares of the company’s stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $8.67, for a total value of $149,280.06. Following the completion of the sale, the director owned 90,345 shares in the company, valued at approximately $783,291.15. This represents a 16.01% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 91,051 shares of company stock worth $807,542. 0.42% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Keefe, Bruyette & Woods increased their price objective on shares of AGNC Investment from $9.50 to $10.00 and gave the company an “outperform” rating in a research report on Thursday, July 10th. JPMorgan Chase & Co. decreased their price objective on shares of AGNC Investment from $9.50 to $8.50 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. Jones Trading reaffirmed a “buy” rating and issued a $9.50 price objective on shares of AGNC Investment in a research report on Tuesday. Royal Bank Of Canada decreased their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating for the company in a research report on Tuesday, April 29th. Finally, UBS Group increased their price objective on shares of AGNC Investment from $8.50 to $9.50 and gave the company a “neutral” rating in a research report on Thursday, July 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, AGNC Investment presently has a consensus rating of “Hold” and a consensus target price of $9.58.

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).