AGNC Investment Corp. $AGNC Shares Purchased by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC lifted its stake in shares of AGNC Investment Corp. (NASDAQ:AGNCFree Report) by 298.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 104,218 shares of the real estate investment trust’s stock after acquiring an additional 78,053 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in AGNC Investment were worth $1,117,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. GoalVest Advisory LLC bought a new position in AGNC Investment during the 4th quarter valued at $26,000. Atlantic Union Bankshares Corp bought a new stake in shares of AGNC Investment in the 3rd quarter worth $29,000. National Bank of Canada FI raised its stake in shares of AGNC Investment by 100.9% in the 3rd quarter. National Bank of Canada FI now owns 3,365 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 1,690 shares in the last quarter. WealthCollab LLC acquired a new stake in shares of AGNC Investment in the third quarter valued at $33,000. Finally, Financial Life Planners bought a new position in AGNC Investment during the third quarter valued at about $34,000. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. BTIG Research lowered AGNC Investment from a “buy” rating to a “neutral” rating in a report on Tuesday, January 6th. JonesTrading downgraded shares of AGNC Investment from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. Weiss Ratings restated a “hold (c)” rating on shares of AGNC Investment in a research report on Monday, December 29th. Wells Fargo & Company lifted their price objective on shares of AGNC Investment from $10.00 to $12.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. Finally, Wall Street Zen lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, December 27th. Four analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $11.03.

View Our Latest Stock Analysis on AGNC

Insider Activity

In other news, Director Gary D. Kain sold 700,000 shares of AGNC Investment stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $11.91, for a total transaction of $8,337,000.00. Following the transaction, the director owned 2,189,091 shares in the company, valued at approximately $26,072,073.81. The trade was a 24.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Kenneth L. Pollack sold 50,000 shares of the company’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $12.11, for a total value of $605,500.00. Following the transaction, the executive vice president directly owned 552,297 shares in the company, valued at $6,688,316.67. The trade was a 8.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 775,000 shares of company stock worth $9,246,000. 0.40% of the stock is owned by corporate insiders.

AGNC Investment Stock Up 2.0%

Shares of NASDAQ:AGNC opened at $10.14 on Thursday. The firm has a 50 day simple moving average of $11.15 and a 200 day simple moving average of $10.62. AGNC Investment Corp. has a 52 week low of $7.85 and a 52 week high of $12.19. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.21 and a current ratio of 0.21. The company has a market cap of $11.39 billion, a PE ratio of 7.24 and a beta of 1.37.

AGNC Investment (NASDAQ:AGNCGet Free Report) last posted its quarterly earnings data on Monday, January 26th. The real estate investment trust reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.02). AGNC Investment had a return on equity of 18.32% and a net margin of 47.40%.The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $354.75 million. As a group, research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st will be given a $0.12 dividend. This represents a c) annualized dividend and a dividend yield of 14.2%. The ex-dividend date of this dividend is Tuesday, March 31st. AGNC Investment’s dividend payout ratio (DPR) is 102.86%.

AGNC Investment Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for AGNC Investment (NASDAQ:AGNC)

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