Nicholas Hoffman & Company LLC. Purchases 2,274 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Nicholas Hoffman & Company LLC. boosted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 4.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 51,788 shares of the real estate investment trust’s stock after acquiring an additional 2,274 shares during the period. Nicholas Hoffman & Company LLC.’s holdings in AGNC Investment were worth $513,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. MeadowBrook Investment Advisors LLC bought a new stake in AGNC Investment in the fourth quarter valued at approximately $30,000. Bruce G. Allen Investments LLC bought a new stake in shares of AGNC Investment in the fourth quarter worth about $37,000. CENTRAL TRUST Co acquired a new stake in shares of AGNC Investment during the fourth quarter worth about $46,000. Allworth Financial LP lifted its holdings in shares of AGNC Investment by 76.5% during the 4th quarter. Allworth Financial LP now owns 4,836 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 2,096 shares in the last quarter. Finally, Montag A & Associates Inc. acquired a new position in shares of AGNC Investment in the 4th quarter valued at approximately $55,000. Institutional investors and hedge funds own 38.28% of the company’s stock.

Insider Activity at AGNC Investment

In related news, Director Frances Spark sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total transaction of $46,750.00. Following the transaction, the director now directly owns 75,545 shares of the company’s stock, valued at approximately $706,345.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.43% of the stock is owned by corporate insiders.

AGNC Investment Price Performance

Shares of AGNC traded down $0.09 during trading hours on Tuesday, reaching $9.15. The stock had a trading volume of 8,998,350 shares, compared to its average volume of 11,875,578. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.26 and a current ratio of 0.26. AGNC Investment Corp. has a 12 month low of $6.81 and a 12 month high of $10.64. The stock has a market capitalization of $6.36 billion, a PE ratio of 10.06 and a beta of 1.45. The company’s 50-day moving average is $9.54 and its two-hundred day moving average is $9.27.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.02. The firm had revenue of $642.00 million during the quarter, compared to the consensus estimate of $568.38 million. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. During the same quarter last year, the firm earned $0.70 earnings per share. Research analysts expect that AGNC Investment Corp. will post 2.1 EPS for the current year.

AGNC Investment Announces Dividend

The company also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 30th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a yield of 15.4%. AGNC Investment’s payout ratio is 158.24%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on AGNC. StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, March 12th. Jonestrading cut their price objective on AGNC Investment from $10.75 to $10.25 and set a “buy” rating for the company in a report on Tuesday, April 23rd. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a report on Thursday, April 18th. Compass Point initiated coverage on AGNC Investment in a research report on Tuesday, February 20th. They set a “buy” rating and a $10.25 price target on the stock. Finally, Royal Bank of Canada dropped their price target on AGNC Investment from $11.00 to $10.00 and set an “outperform” rating on the stock in a research note on Thursday, January 25th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $9.79.

AGNC Investment Profile

AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).