Vanguard Personalized Indexing Management LLC Decreases Stock Position in AGNC Investment Corp. $AGNC

Vanguard Personalized Indexing Management LLC decreased its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 24.5% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 42,522 shares of the real estate investment trust’s stock after selling 13,810 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in AGNC Investment were worth $391,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. KBC Group NV boosted its stake in AGNC Investment by 10.2% in the 1st quarter. KBC Group NV now owns 33,398 shares of the real estate investment trust’s stock worth $320,000 after purchasing an additional 3,081 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of AGNC Investment by 6.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 117,763 shares of the real estate investment trust’s stock worth $1,128,000 after buying an additional 7,650 shares during the last quarter. Teacher Retirement System of Texas acquired a new stake in shares of AGNC Investment during the first quarter worth $1,240,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of AGNC Investment by 75.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 7,257 shares of the real estate investment trust’s stock worth $70,000 after buying an additional 3,112 shares during the period. Finally, Deutsche Bank AG grew its holdings in shares of AGNC Investment by 116.6% during the first quarter. Deutsche Bank AG now owns 82,574 shares of the real estate investment trust’s stock valued at $791,000 after buying an additional 44,449 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

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 on Monday, July 28th. The shares were 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 in the company, valued at $1,087,410.25. The trade was a 15.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.42% of the stock is currently owned by company insiders.

AGNC Investment Stock Performance

Shares of AGNC stock opened at $10.09 on Friday. AGNC Investment Corp. has a 52-week low of $7.85 and a 52-week high of $10.63. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.01. The stock has a market cap of $10.51 billion, a PE ratio of 15.06 and a beta of 1.32. The business has a 50-day simple moving average of $9.96 and a 200-day simple moving average of $9.40.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, October 20th. The real estate investment trust reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.03). AGNC Investment had a net margin of 24.40% and a return on equity of 19.44%. The company had revenue of $903.00 million for the quarter, compared to analysts’ expectations of $466.39 million. During the same quarter in the prior year, the business posted $0.43 earnings per share. On average, equities analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

The company also recently announced a oct 25 dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be issued a dividend of $0.12 per share. This represents a dividend yield of 1,417.0%. The ex-dividend date of this dividend is Friday, October 31st. AGNC Investment’s payout ratio is 214.93%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Weiss Ratings restated a “hold (c-)” rating on shares of AGNC Investment in a research note on Wednesday, October 8th. Jones Trading reiterated a “buy” rating and set a $10.00 price target on shares of AGNC Investment in a research note on Tuesday. UBS Group raised their price objective on AGNC Investment from $9.50 to $9.75 and gave the stock a “neutral” rating in a research note on Wednesday, September 3rd. Piper Sandler lifted their target price on AGNC Investment from $10.00 to $10.50 and gave the stock an “overweight” rating in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. increased their price target on shares of AGNC Investment from $9.50 to $10.00 and gave the stock an “overweight” rating in a report on Monday. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, AGNC Investment currently has an average rating of “Moderate Buy” and a consensus target price of $10.18.

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).