Nisa Investment Advisors LLC Trims Stock Position in AGNC Investment Corp. $AGNC

Nisa Investment Advisors LLC lowered its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 17.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 183,710 shares of the real estate investment trust’s stock after selling 38,360 shares during the period. Nisa Investment Advisors LLC’s holdings in AGNC Investment were worth $1,714,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in AGNC. KBC Group NV boosted its position in AGNC Investment by 10.2% during 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. Amalgamated Bank boosted its position in AGNC Investment by 10.4% during the 1st quarter. Amalgamated Bank now owns 45,807 shares of the real estate investment trust’s stock valued at $439,000 after buying an additional 4,330 shares during the period. Summit Trail Advisors LLC boosted its position in AGNC Investment by 84.1% during the 1st quarter. Summit Trail Advisors LLC now owns 26,610 shares of the real estate investment trust’s stock valued at $258,000 after buying an additional 12,154 shares during the period. Rossby Financial LCC purchased a new stake in AGNC Investment during the 1st quarter valued at $38,000. Finally, Cannon Global Investment Management LLC boosted its position in AGNC Investment by 42.9% during the 1st quarter. Cannon Global Investment Management LLC now owns 125,000 shares of the real estate investment trust’s stock valued at $1,198,000 after buying an additional 37,500 shares during the period. Hedge funds and other institutional investors own 38.28% of the company’s stock.

AGNC Investment Stock Down 0.6%

Shares of NASDAQ AGNC opened at $10.00 on Friday. 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 Corp. has a 12 month low of $7.85 and a 12 month high of $10.63. The firm has a market capitalization of $10.42 billion, a PE ratio of 14.93 and a beta of 1.32. The firm has a fifty day simple moving average of $10.01 and a two-hundred day simple moving average of $9.46.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Monday, October 20th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.03). The business had revenue of $903.00 million during the quarter, compared to the consensus estimate of $466.39 million. AGNC Investment had a return on equity of 19.44% and a net margin of 24.40%.During the same quarter in the previous year, the business earned $0.43 earnings per share. Equities analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The firm also recently declared a oct 25 dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, October 31st will be paid a $0.12 dividend. This represents a dividend yield of 1,440.0%. The ex-dividend date is Friday, October 31st. AGNC Investment’s dividend payout ratio (DPR) is presently 214.93%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of AGNC Investment from $9.50 to $10.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Jones Trading reissued a “buy” rating and set a $10.00 price target on shares of AGNC Investment in a research report on Tuesday, October 21st. Royal Bank Of Canada upped their price objective on shares of AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. UBS Group upped their price objective on shares of AGNC Investment from $9.50 to $9.75 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of AGNC Investment in a report on Wednesday, October 8th. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, AGNC Investment has an average rating of “Moderate Buy” and an average target price of $10.18.

Insider Activity

In related news, CEO Peter J. Federico sold 45,798 shares of the stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $10.27, for a total value of $470,345.46. Following the completion of the transaction, the chief executive officer directly owned 1,557,401 shares in the company, valued at $15,994,508.27. This trade represents a 2.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.42% of the stock is currently owned by insiders.

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).