Trust Co. of Vermont Buys 3,300 Shares of AGNC Investment Corp. $AGNC

Trust Co. of Vermont lifted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 1,003.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,629 shares of the real estate investment trust’s stock after purchasing an additional 3,300 shares during the period. Trust Co. of Vermont’s holdings in AGNC Investment were worth $33,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of AGNC Investment by 96.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 110,113 shares of the real estate investment trust’s stock worth $1,014,000 after buying an additional 54,049 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of AGNC Investment by 1,315.5% during the 1st quarter. GAMMA Investing LLC now owns 27,744 shares of the real estate investment trust’s stock worth $2,896,000 after buying an additional 25,784 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of AGNC Investment by 6.5% during the 1st quarter. Rhumbline Advisers now owns 777,264 shares of the real estate investment trust’s stock worth $7,446,000 after buying an additional 47,699 shares in the last quarter. Secure Asset Management LLC bought a new position in shares of AGNC Investment during the 1st quarter worth approximately $130,000. Finally, Fermata Advisors LLC boosted its holdings in AGNC Investment by 4.5% in the first quarter. Fermata Advisors LLC now owns 48,221 shares of the real estate investment trust’s stock worth $462,000 after acquiring an additional 2,097 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

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 transaction of $195,682.70. Following the completion of the transaction, the director directly owned 112,685 shares of the company’s stock, valued at approximately $1,087,410.25. This represents a 15.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul E. Mullings sold 11,000 shares of the stock in a transaction on Friday, July 25th. The shares were sold at an average price of $9.61, for a total value of $105,710.00. Following the transaction, the director directly owned 128,511 shares of the company’s stock, valued at approximately $1,234,990.71. This trade represents a 7.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by corporate insiders.

AGNC Investment Price Performance

Shares of NASDAQ AGNC opened at $10.06 on Friday. The stock has a fifty day simple moving average of $9.82 and a two-hundred day simple moving average of $9.36. AGNC Investment Corp. has a 1-year low of $7.85 and a 1-year high of $10.63. The firm has a market cap of $10.48 billion, a price-to-earnings ratio of 29.59 and a beta of 1.32. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Monday, July 21st. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.04). AGNC Investment had a net margin of 11.50% and a return on equity of 19.32%. The firm had revenue of $830.00 million for the quarter, compared to the consensus estimate of $447.37 million. During the same period last year, the company posted $0.53 earnings per share. Analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently disclosed a sep 25 dividend, which will be paid on Thursday, October 9th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.12 per share. This represents a yield of 1,471.0%. The ex-dividend date of this dividend is Tuesday, September 30th. AGNC Investment’s dividend payout ratio is 423.53%.

Analysts Set New Price Targets

Several research analysts have issued reports on AGNC shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of AGNC Investment in a report on Saturday, September 27th. Jones Trading reiterated a “buy” rating and issued a $9.50 price target on shares of AGNC Investment in a report on Tuesday, July 22nd. Keefe, Bruyette & Woods increased their price target on AGNC Investment from $9.50 to $10.00 and gave the stock an “outperform” rating in a report on Thursday, July 10th. Finally, UBS Group increased their price target on AGNC Investment from $9.50 to $9.75 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $9.63.

AGNC Investment Company 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).