AGNC Investment Corp. $AGNC Shares Sold by Astoria Portfolio Advisors LLC.

Astoria Portfolio Advisors LLC. lessened its position in AGNC Investment Corp. (NASDAQ:AGNC) by 1.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 114,609 shares of the real estate investment trust’s stock after selling 1,679 shares during the period. Astoria Portfolio Advisors LLC.’s holdings in AGNC Investment were worth $1,103,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of AGNC. Yousif Capital Management LLC increased its position in AGNC Investment by 6.9% during the second quarter. Yousif Capital Management LLC now owns 44,958 shares of the real estate investment trust’s stock worth $413,000 after purchasing an additional 2,910 shares during the last quarter. MGO One Seven LLC increased its position in AGNC Investment by 481.3% during the second quarter. MGO One Seven LLC now owns 109,315 shares of the real estate investment trust’s stock worth $1,005,000 after purchasing an additional 90,511 shares during the last quarter. LRI Investments LLC increased its position in AGNC Investment by 40.0% during the second quarter. LRI Investments LLC now owns 5,496 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 1,569 shares during the last quarter. CWM LLC increased its position in AGNC Investment by 66.9% during the second quarter. CWM LLC now owns 59,391 shares of the real estate investment trust’s stock worth $546,000 after purchasing an additional 23,802 shares during the last quarter. Finally, Apollon Wealth Management LLC acquired a new stake in shares of AGNC Investment in the second quarter worth $179,000. Institutional investors and hedge funds own 38.28% of the company’s stock.

Analyst Upgrades and Downgrades

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

AGNC Investment Trading Down 0.7%

AGNC Investment stock opened at $9.93 on Monday. The firm’s 50-day moving average is $9.86 and its 200-day moving average is $9.35. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.33 and a current ratio of 0.33. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.63. The company has a market cap of $10.34 billion, a P/E ratio of 29.21 and a beta of 1.32.

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

AGNC Investment Announces Dividend

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

Insider Transactions at AGNC Investment

In related news, Director Paul E. Mullings sold 11,000 shares of the stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $9.61, for a total value of $105,710.00. Following the sale, the director owned 128,511 shares of the company’s stock, valued at $1,234,990.71. This trade represents a 7.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John D. Fisk sold 20,278 shares of the firm’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $9.65, for a total transaction of $195,682.70. Following the transaction, 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 position. The disclosure for this sale can be found here. 0.42% of the stock is owned by company insiders.

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).