AGNC Investment Corp. $AGNC Shares Purchased by Blair William & Co. IL

Blair William & Co. IL increased its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 15.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,450 shares of the real estate investment trust’s stock after acquiring an additional 1,962 shares during the quarter. Blair William & Co. IL’s holdings in AGNC Investment were worth $133,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. KBC Group NV raised its holdings in AGNC Investment by 10.2% in the 1st quarter. KBC Group NV now owns 33,398 shares of the real estate investment trust’s stock valued at $320,000 after buying an additional 3,081 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in AGNC Investment by 6.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 117,763 shares of the real estate investment trust’s stock valued at $1,128,000 after buying an additional 7,650 shares during the period. Teacher Retirement System of Texas purchased a new stake in AGNC Investment in the 1st quarter valued at about $1,240,000. Northwestern Mutual Wealth Management Co. raised its holdings in AGNC Investment by 75.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,257 shares of the real estate investment trust’s stock valued at $70,000 after buying an additional 3,112 shares during the period. Finally, Deutsche Bank AG raised its holdings in AGNC Investment by 116.6% in the 1st quarter. Deutsche Bank AG now owns 82,574 shares of the real estate investment trust’s stock valued at $791,000 after buying an additional 44,449 shares during the period. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Stock Performance

Shares of AGNC opened at $9.99 on Monday. The stock has a 50 day moving average price of $9.91 and a 200 day moving average price of $9.37. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $10.41 billion, a price-to-earnings ratio of 29.38 and a beta of 1.32. AGNC Investment Corp. has a 52-week low of $7.85 and a 52-week high of $10.63.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). The business had revenue of $830.00 million during the quarter, compared to analyst estimates of $447.37 million. AGNC Investment had a net margin of 11.50% and a return on equity of 19.32%. During the same period last year, the company earned $0.53 earnings per share. Research analysts predict that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently declared a oct 25 dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, October 31st will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, October 31st. This represents a dividend yield of 1,417.0%. AGNC Investment’s dividend payout ratio (DPR) is currently 423.53%.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, Director John D. Fisk sold 20,278 shares of the stock in a transaction on Monday, July 28th. The stock was sold at an average price of $9.65, for a total value of $195,682.70. Following the completion of the transaction, the director owned 112,685 shares in the company, valued at approximately $1,087,410.25. This represents a 15.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Paul E. Mullings sold 11,000 shares of the stock in a transaction on Friday, July 25th. The stock was sold at an average price of $9.61, for a total value of $105,710.00. Following the completion of the transaction, the director owned 128,511 shares of the company’s stock, valued at $1,234,990.71. The trade was a 7.88% decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AGNC. UBS Group boosted their price objective on shares of AGNC Investment from $9.50 to $9.75 and gave the company a “neutral” rating in a report on Wednesday, September 3rd. Jones Trading reiterated a “buy” rating and set a $9.50 price target on shares of AGNC Investment in a research note on Tuesday, July 22nd. Piper Sandler boosted their price target on shares of AGNC Investment from $10.00 to $10.50 and gave the stock an “overweight” rating in a research note on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of AGNC Investment in a research note on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of AGNC Investment from $9.50 to $10.00 and gave the stock an “outperform” rating in a research note on Thursday, July 10th. Six equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, AGNC Investment presently has an average rating of “Moderate Buy” and an average price target of $9.75.

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).