D.A. Davidson & CO. Has $234,000 Stock Position in AGNC Investment Corp. $AGNC

D.A. Davidson & CO. boosted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 8.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,462 shares of the real estate investment trust’s stock after acquiring an additional 2,001 shares during the quarter. D.A. Davidson & CO.’s holdings in AGNC Investment were worth $234,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Kingstone Capital Partners Texas LLC increased its position in AGNC Investment by 241,567.4% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 46,388,062 shares of the real estate investment trust’s stock worth $446,651,000 after buying an additional 46,368,867 shares during the period. Nuveen LLC bought a new stake in AGNC Investment in the first quarter valued at about $30,546,000. Vanguard Group Inc. increased its holdings in shares of AGNC Investment by 3.0% in the first quarter. Vanguard Group Inc. now owns 85,779,209 shares of the real estate investment trust’s stock worth $821,765,000 after acquiring an additional 2,462,337 shares in the last quarter. Citigroup Inc. increased its holdings in shares of AGNC Investment by 496.7% in the first quarter. Citigroup Inc. now owns 1,487,202 shares of the real estate investment trust’s stock worth $14,247,000 after acquiring an additional 1,862,128 shares in the last quarter. Finally, Natixis Advisors LLC boosted its position in shares of AGNC Investment by 21.1% during the first quarter. Natixis Advisors LLC now owns 4,318,354 shares of the real estate investment trust’s stock worth $41,370,000 after buying an additional 752,201 shares during the period. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at AGNC Investment

In other news, CEO Peter J. Federico sold 45,798 shares of AGNC Investment stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $10.27, for a total value of $470,345.46. Following the transaction, the chief executive officer owned 1,557,401 shares in the company, valued at approximately $15,994,508.27. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.42% of the company’s stock.

Analysts Set New Price Targets

AGNC has been the topic of a number of recent research reports. Keefe, Bruyette & Woods increased their target price on AGNC Investment from $9.50 to $10.00 and gave the stock an “outperform” rating in a research note on Thursday, July 10th. Piper Sandler raised their price objective on AGNC Investment from $10.00 to $10.50 and gave the company an “overweight” rating in a report on Wednesday, October 8th. UBS Group lifted their target price on AGNC Investment from $9.50 to $9.75 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Weiss Ratings reissued a “hold (c-)” rating on shares of AGNC Investment in a research report on Wednesday, October 8th. Finally, Jones Trading reaffirmed a “buy” rating and issued a $10.00 target price on shares of AGNC Investment in a research report on Tuesday, October 21st. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $10.18.

AGNC Investment Stock Performance

NASDAQ:AGNC opened at $10.00 on Friday. 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 1 year low of $7.85 and a 1 year high of $10.63. The company has a market cap of $10.42 billion, a P/E ratio of 14.93 and a beta of 1.32. The stock’s fifty day moving average price is $10.01 and its two-hundred day moving average price is $9.47.

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

AGNC Investment Dividend Announcement

The company also recently declared a oct 25 dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be given a dividend of $0.12 per share. The ex-dividend date is Friday, October 31st. This represents a yield of 1,440.0%. AGNC Investment’s dividend payout ratio (DPR) is presently 214.93%.

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).