Annex Advisory Services LLC Purchases Shares of 53,385 AGNC Investment Corp. $AGNC

Annex Advisory Services LLC purchased a new stake in AGNC Investment Corp. (NASDAQ:AGNC) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 53,385 shares of the real estate investment trust’s stock, valued at approximately $572,000.

Several other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of AGNC Investment by 1.7% during the 3rd quarter. Vanguard Group Inc. now owns 96,440,345 shares of the real estate investment trust’s stock valued at $944,151,000 after buying an additional 1,591,465 shares during the period. State Street Corp grew its stake in shares of AGNC Investment by 12.9% during the 2nd quarter. State Street Corp now owns 16,693,449 shares of the real estate investment trust’s stock valued at $155,383,000 after buying an additional 1,906,785 shares during the period. Equity Investment Corp grew its stake in shares of AGNC Investment by 1.8% during the 3rd quarter. Equity Investment Corp now owns 9,554,836 shares of the real estate investment trust’s stock valued at $93,542,000 after buying an additional 164,386 shares during the period. Victory Capital Management Inc. grew its stake in shares of AGNC Investment by 20.2% during the 3rd quarter. Victory Capital Management Inc. now owns 7,111,656 shares of the real estate investment trust’s stock valued at $69,623,000 after buying an additional 1,192,975 shares during the period. Finally, Northern Trust Corp grew its stake in shares of AGNC Investment by 1.9% during the 3rd quarter. Northern Trust Corp now owns 6,756,193 shares of the real estate investment trust’s stock valued at $66,143,000 after buying an additional 128,709 shares during the period. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AGNC has been the subject of several research reports. Barclays boosted their price objective on shares of AGNC Investment from $9.00 to $10.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of AGNC Investment in a research report on Friday, March 27th. Wells Fargo & Company upped their price target on shares of AGNC Investment from $10.00 to $12.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $12.00 price target (up from $11.00) on shares of AGNC Investment in a research report on Thursday, January 29th. Finally, Piper Sandler decreased their price target on shares of AGNC Investment from $12.50 to $10.50 and set an “overweight” rating for the company in a research report on Thursday, April 2nd. Four analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $10.91.

AGNC Investment Stock Performance

NASDAQ:AGNC opened at $10.74 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.21 and a quick ratio of 0.21. The firm has a 50-day moving average of $10.69 and a two-hundred day moving average of $10.64. The stock has a market cap of $12.06 billion, a P/E ratio of 7.67 and a beta of 1.38. AGNC Investment Corp. has a 1-year low of $8.07 and a 1-year high of $12.19.

AGNC Investment (NASDAQ:AGNC) 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 analysts’ consensus estimates of $0.37 by ($0.02). The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $354.75 million. AGNC Investment had a net margin of 47.40% and a return on equity of 18.32%. On average, research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, May 11th. Shareholders of record on Thursday, April 30th will be given a $0.12 dividend. This represents a c) dividend on an annualized basis and a yield of 13.4%. The ex-dividend date of this dividend is Thursday, April 30th. AGNC Investment’s dividend payout ratio is presently 102.86%.

Insider Buying and Selling at AGNC Investment

In other news, EVP Bernice Bell sold 25,000 shares of the company’s stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $12.14, for a total value of $303,500.00. Following the sale, the executive vice president owned 491,728 shares in the company, valued at approximately $5,969,577.92. This represents a 4.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kenneth L. Pollack sold 50,000 shares of the company’s stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $12.11, for a total transaction of $605,500.00. Following the completion of the sale, the executive vice president owned 552,297 shares in the company, valued at approximately $6,688,316.67. This trade represents a 8.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 775,000 shares of company stock valued at $9,246,000 in the last ninety days. Insiders own 0.40% of the company’s stock.

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.