Hsbc Holdings PLC Has $228,000 Stock Holdings in AGNC Investment Corp. $AGNC

Hsbc Holdings PLC raised its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 30.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,849 shares of the real estate investment trust’s stock after purchasing an additional 5,590 shares during the quarter. Hsbc Holdings PLC’s holdings in AGNC Investment were worth $228,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Fourth Dimension Wealth LLC acquired a new stake in shares of AGNC Investment in the 4th quarter valued at $26,000. N.E.W. Advisory Services LLC acquired a new stake in shares of AGNC Investment in the 1st quarter valued at $28,000. Larson Financial Group LLC boosted its holdings in shares of AGNC Investment by 326.3% in the 1st quarter. Larson Financial Group LLC now owns 3,291 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 2,519 shares in the last quarter. VSM Wealth Advisory LLC acquired a new stake in shares of AGNC Investment in the 1st quarter valued at $35,000. Finally, Rossby Financial LCC acquired a new stake in shares of AGNC Investment in the 1st quarter valued at $38,000. Institutional investors and hedge funds own 38.28% of the company’s stock.

Insider Activity

In other news, Director John D. Fisk sold 20,278 shares of AGNC Investment stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $9.65, for a total value of $195,682.70. Following the completion of the transaction, the director directly owned 112,685 shares of the company’s stock, valued at approximately $1,087,410.25. This trade represents a 15.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Paul E. Mullings sold 11,000 shares of AGNC Investment stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $9.61, for a total value of $105,710.00. Following the completion of the transaction, the director directly owned 128,511 shares of the company’s stock, valued at approximately $1,234,990.71. This trade represents a 7.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.42% of the company’s stock.

AGNC Investment Stock Up 1.7%

Shares of AGNC opened at $10.37 on Friday. The company has a market capitalization of $10.80 billion, a PE ratio of 30.50 and a beta of 1.30. AGNC Investment Corp. has a 12 month low of $7.85 and a 12 month high of $10.85. The stock’s 50-day moving average price is $9.57 and its two-hundred day moving average price is $9.41. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Monday, July 21st. The real estate investment trust reported $0.38 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.04). The company had revenue of $830.00 million for the quarter, compared to analyst estimates of $447.37 million. AGNC Investment had a return on equity of 19.32% and a net margin of 11.50%.During the same period in the previous year, the firm posted $0.53 earnings per share. On average, analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a c) annualized dividend and a yield of 13.9%. AGNC Investment’s payout ratio is presently 423.53%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AGNC shares. Keefe, Bruyette & Woods raised their target price on AGNC Investment from $9.50 to $10.00 and gave the company an “outperform” rating in a report on Thursday, July 10th. Jones Trading reissued a “buy” rating and set a $9.50 price objective on shares of AGNC Investment in a report on Tuesday, July 22nd. Finally, UBS Group raised their price objective on AGNC Investment from $9.50 to $9.75 and gave the company a “neutral” rating in a report on Wednesday. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $9.63.

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).