Capital Advisors Inc. OK Sells 3,027 Shares of AGNC Investment Corp. $AGNC

Capital Advisors Inc. OK lowered its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 10.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,634 shares of the real estate investment trust’s stock after selling 3,027 shares during the period. Capital Advisors Inc. OK’s holdings in AGNC Investment were worth $236,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in AGNC. Vanguard Group Inc. increased its holdings in AGNC Investment by 3.0% during the first quarter. Vanguard Group Inc. now owns 85,779,209 shares of the real estate investment trust’s stock worth $821,765,000 after buying an additional 2,462,337 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its stake in shares of AGNC Investment by 241,567.4% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 46,388,062 shares of the real estate investment trust’s stock worth $446,651,000 after purchasing an additional 46,368,867 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its holdings in shares of AGNC Investment by 18.0% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 16,996,741 shares of the real estate investment trust’s stock valued at $162,828,000 after purchasing an additional 2,589,020 shares during the period. Equity Investment Corp lifted its stake in AGNC Investment by 8.2% in the 1st quarter. Equity Investment Corp now owns 7,395,081 shares of the real estate investment trust’s stock valued at $70,845,000 after purchasing an additional 562,700 shares during the last quarter. Finally, Natixis Advisors LLC lifted its stake in AGNC Investment by 21.1% in the 1st quarter. Natixis Advisors LLC now owns 4,318,354 shares of the real estate investment trust’s stock valued at $41,370,000 after purchasing an additional 752,201 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

Analysts Set New Price Targets

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

AGNC Investment Stock Performance

AGNC opened at $9.88 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.33 and a quick ratio of 0.33. The business has a fifty day simple moving average of $9.82 and a 200 day simple moving average of $9.35. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.63. The company has a market capitalization of $10.29 billion, a PE ratio of 29.06 and a beta of 1.32.

AGNC Investment (NASDAQ:AGNC) last posted 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). The firm had revenue of $830.00 million for the quarter, compared to the consensus estimate of $447.37 million. AGNC Investment had a return on equity of 19.32% and a net margin of 11.50%.During the same quarter in the previous year, the business earned $0.53 EPS. Research analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

The firm 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 $0.12 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a yield of 1,471.0%. AGNC Investment’s payout ratio is currently 423.53%.

Insider Transactions at AGNC Investment

In related news, Director John D. Fisk sold 20,278 shares of the business’s stock in a transaction that occurred 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 sale, the director directly owned 112,685 shares in the company, valued at approximately $1,087,410.25. The trade was a 15.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Paul E. Mullings sold 11,000 shares of the stock in a transaction that occurred 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 sale, the director directly owned 128,511 shares in the company, valued at $1,234,990.71. This represents a 7.88% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.42% of the company’s stock.

About AGNC Investment

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).