Cwm LLC Increases Stock Holdings in AGNC Investment Corp. $AGNC

Cwm LLC increased its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 124.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 133,300 shares of the real estate investment trust’s stock after purchasing an additional 73,909 shares during the period. Cwm LLC’s holdings in AGNC Investment were worth $1,305,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Cozad Asset Management Inc. raised its holdings in shares of AGNC Investment by 59.0% in the 2nd quarter. Cozad Asset Management Inc. now owns 181,459 shares of the real estate investment trust’s stock valued at $1,668,000 after buying an additional 67,355 shares during the period. Bogart Wealth LLC grew its position in AGNC Investment by 78.0% in the 2nd quarter. Bogart Wealth LLC now owns 3,650 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 1,600 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in AGNC Investment during the second quarter worth about $325,000. Delphi Financial Group Inc. purchased a new stake in AGNC Investment during the second quarter worth about $574,000. Finally, Quantbot Technologies LP acquired a new stake in shares of AGNC Investment during the second quarter worth about $6,170,000. 38.28% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Peter J. Federico sold 45,798 shares of the business’s stock in a transaction 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 sale, the chief executive officer directly owned 1,557,401 shares of the company’s stock, valued at $15,994,508.27. The trade was a 2.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.42% of the stock is owned by corporate insiders.

AGNC Investment Trading Up 1.3%

NASDAQ:AGNC opened at $11.07 on Tuesday. The stock has a 50-day simple moving average of $10.42 and a 200-day simple moving average of $9.97. The stock has a market cap of $11.88 billion, a P/E ratio of 16.52 and a beta of 1.36. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $11.12. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.31 and a current ratio of 0.31.

AGNC Investment (NASDAQ:AGNC) last announced 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 net margin of 24.40% and a return on equity of 18.84%. The company had revenue of $836.00 million during the quarter, compared to analysts’ expectations of $466.39 million. During the same quarter in the prior year, the company earned $0.43 earnings per share. As a group, analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, January 12th. Investors of record on Wednesday, December 31st will be given a $0.12 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 13.0%. The ex-dividend date of this dividend is Wednesday, December 31st. AGNC Investment’s dividend payout ratio (DPR) is 214.93%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Jones Trading restated a “buy” rating and issued a $10.00 price objective on shares of AGNC Investment in a report on Tuesday, October 21st. JPMorgan Chase & Co. raised their price target on shares of AGNC Investment from $9.50 to $10.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Keefe, Bruyette & Woods upped their price objective on AGNC Investment from $10.50 to $11.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of AGNC Investment in a research note on Monday, December 29th. Finally, Wall Street Zen lowered AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, December 27th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $10.39.

AGNC Investment Profile

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.