Yousif Capital Management LLC Raises Stake in AGNC Investment Corp. $AGNC

Yousif Capital Management LLC increased its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 6.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 44,958 shares of the real estate investment trust’s stock after purchasing an additional 2,910 shares during the quarter. Yousif Capital Management LLC’s holdings in AGNC Investment were worth $413,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its position 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 acquiring an additional 7,650 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in AGNC Investment by 22.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 249,127 shares of the real estate investment trust’s stock worth $2,387,000 after purchasing an additional 45,457 shares during the period. HBK Sorce Advisory LLC increased its holdings in AGNC Investment by 35.1% in the 1st quarter. HBK Sorce Advisory LLC now owns 150,092 shares of the real estate investment trust’s stock valued at $1,438,000 after purchasing an additional 38,995 shares in the last quarter. Balefire LLC raised its position in AGNC Investment by 6.4% in the first quarter. Balefire LLC now owns 327,947 shares of the real estate investment trust’s stock valued at $3,142,000 after purchasing an additional 19,740 shares during the period. Finally, Transcend Capital Advisors LLC lifted its stake in shares of AGNC Investment by 1.6% during the first quarter. Transcend Capital Advisors LLC now owns 585,745 shares of the real estate investment trust’s stock worth $5,611,000 after purchasing an additional 9,039 shares in the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.

AGNC Investment Trading Down 1.1%

NASDAQ AGNC opened at $10.09 on Friday. The company has a market capitalization of $10.51 billion, a price-to-earnings ratio of 15.06 and a beta of 1.32. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.33 and a quick ratio of 0.33. AGNC Investment Corp. has a 12 month low of $7.85 and a 12 month high of $10.63. The company’s fifty day moving average price is $9.96 and its two-hundred day moving average price is $9.40.

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

AGNC Investment Dividend Announcement

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

Insider Buying and Selling

In other AGNC Investment 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 transaction of $195,682.70. Following the completion of the sale, the director owned 112,685 shares in the company, valued at $1,087,410.25. The trade was a 15.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.42% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

AGNC has been the subject of a number of recent research reports. UBS Group increased 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. 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. Piper Sandler lifted their price objective on shares of AGNC Investment from $10.00 to $10.50 and gave the company an “overweight” rating in a research note on Wednesday, October 8th. JPMorgan Chase & Co. upped their target price on shares of AGNC Investment from $9.50 to $10.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Jones Trading reaffirmed a “buy” rating and set a $10.00 price target on shares of AGNC Investment in a report on Tuesday. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $10.18.

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).