California Public Employees Retirement System Grows Stock Holdings in AGNC Investment Corp. $AGNC

California Public Employees Retirement System increased its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 3.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,535,758 shares of the real estate investment trust’s stock after purchasing an additional 50,194 shares during the quarter. California Public Employees Retirement System owned about 0.13% of AGNC Investment worth $15,404,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Advisortrust Partners LLC boosted its stake in AGNC Investment by 9.6% during the first quarter. Advisortrust Partners LLC now owns 33,571 shares of the real estate investment trust’s stock valued at $337,000 after buying an additional 2,938 shares during the period. Independent Financial Group LLC bought a new position in AGNC Investment in the 1st quarter worth about $4,033,000. D.A. Davidson & CO. increased its stake in AGNC Investment by 17.5% in the 1st quarter. D.A. Davidson & CO. now owns 38,937 shares of the real estate investment trust’s stock worth $391,000 after acquiring an additional 5,786 shares during the last quarter. Navigation Group LLC purchased a new stake in shares of AGNC Investment in the 1st quarter valued at about $189,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of AGNC Investment by 3.5% in the 1st quarter. Bank of New York Mellon Corp now owns 3,558,166 shares of the real estate investment trust’s stock valued at $35,688,000 after acquiring an additional 121,570 shares in the last quarter. Institutional investors own 38.28% of the company’s stock.

Insider Activity

In other news, CEO Peter J. Federico sold 64,412 shares of the firm’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $11.08, for a total transaction of $713,684.96. Following the completion of the transaction, the chief executive officer directly owned 1,927,083 shares in the company, valued at $21,352,079.64. This trade represents a 3.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Donna Blank sold 22,000 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $10.78, for a total transaction of $237,160.00. Following the sale, the director owned 96,471 shares of the company’s stock, valued at approximately $1,039,957.38. This represents a 18.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 150,823 shares of company stock valued at $1,661,298. 0.40% of the stock is owned by company insiders.

More AGNC Investment News

Here are the key news stories impacting AGNC Investment this week:

• Positive Sentiment: AGNC reported quarterly earnings that beat estimates and management said Agency MBS supply-demand trends are improving, with stronger book value and more higher-coupon investment opportunities despite rate volatility. AGNC Investment Q2 Earnings Call Highlights Agency MBS Outlook
• Positive Sentiment: The company marked its 75th straight monthly dividend, reinforcing AGNC’s appeal as a high-yield income stock for investors focused on steady payouts. AGNC Investment Just Notched Its 75th Straight Monthly Dividend and Currently Yields 13%+. Here’s What Q2 Earnings Revealed.
• Positive Sentiment: Wells Fargo kept an overweight rating on AGNC even though it cut its price target to $11, suggesting the stock may still have upside from current levels. Benzinga analyst note
• Neutral Sentiment: Several dividend-focused articles highlighted AGNC as a monthly payer, but these were mostly list-style mentions and did not include new company-specific developments. The Super-High-Yield Retirement Stocks That Turn a Nest Egg Into a Monthly Paycheck
• Neutral Sentiment: AGNC was also included in dividend-calendar and retirement-income roundups, which may support investor interest but are unlikely to move the stock on their own. With a 13% Yield but an Uncertain Interest Rate Environment, Is AGNC Stock a Buy?
• Negative Sentiment: Analysts at Wells Fargo and KBW both lowered their price targets to $11 from $12, reflecting more caution around the stock’s near-term valuation and the mortgage REIT environment. Benzinga analyst notes
• Negative Sentiment: The main headwind remains the uncertain interest-rate environment, which can pressure mortgage REIT earnings, book value, and investor sentiment. With a 13% Yield but an Uncertain Interest Rate Environment, Is AGNC Stock a Buy?

AGNC Investment Price Performance

NASDAQ AGNC opened at $10.56 on Friday. The stock has a market capitalization of $12.12 billion, a PE ratio of 5.56 and a beta of 1.31. AGNC Investment Corp. has a 1 year low of $9.31 and a 1 year high of $12.19. The business’s 50-day moving average is $10.60 and its 200 day moving average is $10.82.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Monday, July 20th. The real estate investment trust reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.02. AGNC Investment had a return on equity of 18.20% and a net margin of 57.94%.The company had revenue of $305.00 million during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the company earned ($0.17) earnings per share. As a group, equities research analysts anticipate that AGNC Investment Corp. will post 1.58 earnings per share for the current year.

AGNC Investment Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 11th. Stockholders of record on Friday, July 31st will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 13.6%. AGNC Investment’s dividend payout ratio is currently 75.79%.

Analyst Ratings Changes

A number of research firms have commented on AGNC. Keefe, Bruyette & Woods cut their price target on shares of AGNC Investment from $12.00 to $11.00 and set a “market perform” rating for the company in a research note on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of AGNC Investment in a report on Wednesday, June 24th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $11.50 target price (up from $11.00) on shares of AGNC Investment in a research report on Friday, July 17th. Compass Point cut AGNC Investment from a “buy” rating to a “neutral” rating and set a $11.50 target price on the stock. in a research note on Friday, July 17th. Finally, Wall Street Zen upgraded AGNC Investment from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $11.11.

AGNC Investment Company 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.