AGNC Investment Corp. $AGNC Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas boosted its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 7.2% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 138,828 shares of the real estate investment trust’s stock after acquiring an additional 9,357 shares during the period. Teacher Retirement System of Texas’ holdings in AGNC Investment were worth $1,276,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Bogart Wealth LLC raised its position in shares of AGNC Investment by 78.0% in the second quarter. Bogart Wealth LLC now owns 3,650 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 1,600 shares during the last quarter. Yousif Capital Management LLC raised its position in shares of AGNC Investment by 6.9% in the second quarter. Yousif Capital Management LLC now owns 44,958 shares of the real estate investment trust’s stock valued at $413,000 after buying an additional 2,910 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in 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 purchasing an additional 3,112 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in AGNC Investment by 50.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 176,604 shares of the real estate investment trust’s stock worth $1,658,000 after purchasing an additional 58,841 shares during the last quarter. Finally, Deutsche Bank AG increased its position in 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 worth $791,000 after purchasing an additional 44,449 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

AGNC Investment Trading Up 0.6%

Shares of AGNC stock opened at $10.24 on Thursday. 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 firm has a market cap of $10.67 billion, a PE ratio of 15.28 and a beta of 1.32. The company has a 50-day moving average of $10.03 and a two-hundred day moving average of $9.52. AGNC Investment Corp. has a 1-year low of $7.85 and a 1-year high of $10.63.

AGNC Investment (NASDAQ:AGNC) last announced its 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). The company had revenue of $836.00 million for the quarter, compared to analysts’ expectations of $466.39 million. AGNC Investment had a return on equity of 19.44% and a net margin of 24.40%.During the same period last year, the business earned $0.43 EPS. On average, analysts predict that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

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

Insider Activity at AGNC Investment

In other news, CEO Peter J. Federico sold 45,798 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $10.27, for a total value of $470,345.46. Following the completion of the transaction, the chief executive officer owned 1,557,401 shares of the company’s stock, valued at approximately $15,994,508.27. This trade represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.42% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on AGNC shares. Weiss Ratings restated a “hold (c-)” rating on shares of AGNC Investment in a research report on Wednesday, October 8th. UBS Group raised their price objective on shares of AGNC Investment from $9.50 to $9.75 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Jones Trading restated a “buy” rating and set a $10.00 price objective on shares of AGNC Investment in a research report on Tuesday, October 21st. JPMorgan Chase & Co. raised their price objective on shares of AGNC Investment from $9.50 to $10.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of AGNC Investment from $9.50 to $10.00 and gave the stock an “outperform” rating in a research report on Thursday, July 10th. Six equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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).