AGNC Investment Corp. $AGNC Holdings Lowered by ORG Wealth Partners LLC

ORG Wealth Partners LLC decreased its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 97.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,127 shares of the real estate investment trust’s stock after selling 135,000 shares during the quarter. ORG Wealth Partners LLC’s holdings in AGNC Investment were worth $31,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of AGNC. Kingstone Capital Partners Texas LLC boosted its holdings in shares of AGNC Investment by 241,567.4% in the second 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. Geode Capital Management LLC lifted its position in shares of AGNC Investment by 10.9% in the 2nd quarter. Geode Capital Management LLC now owns 24,995,789 shares of the real estate investment trust’s stock valued at $229,990,000 after acquiring an additional 2,461,255 shares in the last quarter. State Street Corp boosted its stake in AGNC Investment by 12.9% in the 2nd quarter. State Street Corp now owns 16,693,449 shares of the real estate investment trust’s stock worth $155,383,000 after purchasing an additional 1,906,785 shares during the period. Norges Bank purchased a new position in AGNC Investment during the 2nd quarter worth approximately $109,814,000. Finally, Equity Investment Corp grew its position in AGNC Investment by 27.0% during the 2nd quarter. Equity Investment Corp now owns 9,390,450 shares of the real estate investment trust’s stock worth $86,298,000 after purchasing an additional 1,995,369 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Stock Performance

Shares of AGNC stock opened at $11.41 on Monday. AGNC Investment Corp. has a fifty-two week low of $7.85 and a fifty-two week high of $11.64. The stock’s 50-day moving average is $10.52 and its two-hundred day moving average is $10.03. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.31 and a quick ratio of 0.31. The firm has a market cap of $12.24 billion, a P/E ratio of 17.03 and a beta of 1.36.

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 firm had revenue of $836.00 million during the quarter, compared to the consensus estimate of $466.39 million. During the same period in the previous year, the firm posted $0.43 EPS. Analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Friday, January 30th will be given a $0.12 dividend. This represents a c) annualized dividend and a yield of 12.6%. The ex-dividend date of this dividend is Friday, January 30th. AGNC Investment’s payout ratio is currently 214.93%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on AGNC shares. 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. JPMorgan Chase & Co. increased their price objective on AGNC Investment from $9.50 to $10.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Wall Street Zen lowered AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, December 27th. Barclays lifted their target price on AGNC Investment from $9.00 to $10.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. Finally, BTIG Research lowered shares of AGNC Investment from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 6th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $10.34.

Insider Activity at AGNC Investment

In other news, CEO Peter J. Federico sold 45,798 shares of the firm’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $10.27, for a total transaction 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. This trade represents a 2.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.42% of the stock is currently owned by company insiders.

About AGNC Investment

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.