Caprock Group LLC Invests $1.77 Million in AGNC Investment Corp. $AGNC

Caprock Group LLC bought a new stake in AGNC Investment Corp. (NASDAQ:AGNC) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 178,662 shares of the real estate investment trust’s stock, valued at approximately $1,765,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Atlantic Union Bankshares Corp purchased a new position in shares of AGNC Investment during the third quarter worth about $29,000. Bogart Wealth LLC boosted its position in shares of 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 purchasing an additional 1,600 shares during the period. WFA of San Diego LLC purchased a new position in AGNC Investment during the 2nd quarter worth approximately $37,000. Huntington National Bank increased its position in AGNC Investment by 32.2% during the second quarter. Huntington National Bank now owns 4,918 shares of the real estate investment trust’s stock worth $45,000 after buying an additional 1,199 shares during the period. Finally, Wealth Preservation Advisors LLC purchased a new stake in AGNC Investment in the second quarter valued at approximately $46,000. 38.28% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at AGNC Investment

In other news, Director Gary D. Kain sold 700,000 shares of the company’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $11.91, for a total transaction of $8,337,000.00. Following the transaction, the director directly owned 2,189,091 shares of the company’s stock, valued at $26,072,073.81. This represents a 24.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kenneth L. Pollack sold 50,000 shares of the 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 transaction, the executive vice president owned 552,297 shares of the company’s stock, valued at $6,688,316.67. This represents a 8.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 775,000 shares of company stock worth $9,246,000 over the last three months. 0.42% of the stock is currently owned by corporate insiders.

AGNC Investment Stock Down 0.2%

AGNC stock opened at $11.36 on Friday. The stock has a market capitalization of $12.19 billion, a PE ratio of 8.11 and a beta of 1.37. The company has a fifty day moving average of $11.16 and a 200-day moving average of $10.40. 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 Corp. has a one year low of $7.85 and a one year high of $12.19.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings results on Monday, January 26th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.02). AGNC Investment had a return on equity of 19.13% and a net margin of 47.40%.The firm had revenue of $995.00 million for the quarter, compared to analysts’ expectations of $354.75 million. As a group, analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 10th. Investors of record on Friday, February 27th will be paid a $0.12 dividend. The ex-dividend date is Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 12.7%. AGNC Investment’s payout ratio is 102.86%.

Wall Street Analyst Weigh In

AGNC has been the subject of several research analyst reports. Royal Bank Of Canada increased their price objective on AGNC Investment from $11.00 to $13.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of AGNC Investment in a research note on Monday, December 29th. Wells Fargo & Company raised their price objective 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. Barclays upped their target price on shares of AGNC Investment from $9.00 to $10.00 and gave the company an “equal weight” rating in a report on Tuesday, January 6th. Finally, Wall Street Zen downgraded 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. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $11.03.

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.