AGNC Investment Corp. $AGNC Shares Sold by Belpointe Asset Management LLC

Belpointe Asset Management LLC reduced its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 17.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,858 shares of the real estate investment trust’s stock after selling 7,013 shares during the period. Belpointe Asset Management LLC’s holdings in AGNC Investment were worth $324,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its position in shares of AGNC Investment by 96.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 110,113 shares of the real estate investment trust’s stock valued at $1,014,000 after purchasing an additional 54,049 shares in the last quarter. KBC Group NV raised its stake in shares of AGNC Investment by 10.2% in the first quarter. KBC Group NV now owns 33,398 shares of the real estate investment trust’s stock valued at $320,000 after acquiring an additional 3,081 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of AGNC Investment by 14.1% in the first quarter. Wealthcare Advisory Partners LLC now owns 19,991 shares of the real estate investment trust’s stock valued at $192,000 after acquiring an additional 2,465 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in shares of AGNC Investment in the first quarter valued at $1,240,000. Finally, Deutsche Bank AG raised its stake in AGNC Investment by 11.8% in the fourth quarter. Deutsche Bank AG now owns 38,125 shares of the real estate investment trust’s stock valued at $351,000 after buying an additional 4,019 shares in the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AGNC has been the topic of a number of research analyst reports. Jones Trading reiterated a “buy” rating and set a $9.50 target price on shares of AGNC Investment in a research report on Tuesday, July 22nd. Keefe, Bruyette & Woods boosted their price target on AGNC Investment from $9.50 to $10.00 and gave the stock an “outperform” rating in a research note on Thursday, July 10th. Finally, UBS Group upped their target price on AGNC Investment from $9.50 to $9.75 and gave the company a “neutral” rating in a research note on Wednesday, September 3rd. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, AGNC Investment presently has an average rating of “Moderate Buy” and a consensus price target of $9.63.

Insider Buying and Selling at AGNC Investment

In related news, Director John D. Fisk sold 20,278 shares of the business’s stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $9.65, for a total transaction of $195,682.70. Following the transaction, the director directly owned 112,685 shares of the company’s stock, valued at approximately $1,087,410.25. The trade was a 15.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul E. Mullings sold 11,000 shares of the business’s stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $9.61, for a total value of $105,710.00. Following the transaction, the director directly owned 128,511 shares in the company, valued at $1,234,990.71. The trade was a 7.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is owned by corporate insiders.

AGNC Investment Stock Performance

Shares of AGNC opened at $10.18 on Monday. The company’s fifty day moving average price is $9.66 and its 200 day moving average price is $9.38. AGNC Investment Corp. has a one year low of $7.85 and a one year high of $10.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.33 and a quick ratio of 0.33. The company has a market capitalization of $10.60 billion, a PE ratio of 29.94 and a beta of 1.30.

AGNC Investment (NASDAQ:AGNC) last released its quarterly 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 19.32%. The firm had revenue of $830.00 million during the quarter, compared to analyst estimates of $447.37 million. During the same quarter last year, the firm earned $0.53 earnings per share. As a group, 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 sep 25 dividend, which will be paid on Thursday, October 9th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a dividend yield of 1,408.0%. AGNC Investment’s dividend payout ratio is currently 423.53%.

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).