AGNC Investment Corp. $AGNC Stock Holdings Lifted by SG Americas Securities LLC

SG Americas Securities LLC increased its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 4.5% during the second quarter, Holdings Channel reports. The fund owned 118,061 shares of the real estate investment trust’s stock after acquiring an additional 5,134 shares during the quarter. SG Americas Securities LLC’s holdings in AGNC Investment were worth $1,085,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bogart Wealth LLC boosted its position in shares of AGNC Investment by 78.0% in the second quarter. Bogart Wealth LLC now owns 3,650 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 1,600 shares during the period. Yousif Capital Management LLC boosted its position in AGNC Investment by 6.9% during the 2nd quarter. Yousif Capital Management LLC now owns 44,958 shares of the real estate investment trust’s stock worth $413,000 after acquiring an additional 2,910 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in AGNC Investment by 75.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,257 shares of the real estate investment trust’s stock worth $70,000 after acquiring an additional 3,112 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in AGNC Investment by 50.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 176,604 shares of the real estate investment trust’s stock valued at $1,658,000 after acquiring an additional 58,841 shares in the last quarter. Finally, Deutsche Bank AG grew its stake in AGNC Investment by 116.6% during the 1st quarter. Deutsche Bank AG now owns 82,574 shares of the real estate investment trust’s stock valued at $791,000 after acquiring an additional 44,449 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Price Performance

Shares of AGNC opened at $10.28 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.33 and a current ratio of 0.33. The firm has a market cap of $11.03 billion, a PE ratio of 15.34 and a beta of 1.34. The firm’s 50 day moving average price is $10.06 and its 200 day moving average price is $9.64. AGNC Investment Corp. has a twelve month low of $7.85 and a twelve month high of $10.63.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Monday, October 20th. The real estate investment trust reported $0.35 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.03). The business had revenue of $836.00 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 period in the prior year, the firm earned $0.43 earnings per share. As a group, research analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 9th. Shareholders of record on Friday, November 28th will be given a dividend of $0.12 per share. This represents a c) annualized dividend and a yield of 14.0%. The ex-dividend date of this dividend is Friday, November 28th. AGNC Investment’s dividend payout ratio is presently 214.93%.

Analysts Set New Price Targets

AGNC has been the subject of a number of research analyst reports. UBS Group increased their price target 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. JPMorgan Chase & Co. increased their target price on shares of AGNC Investment from $9.50 to $10.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Piper Sandler lifted their target price on shares of AGNC Investment from $10.00 to $10.50 and gave the company an “overweight” rating in a research note on Wednesday, October 8th. Weiss Ratings restated a “hold (c)” rating on shares of AGNC Investment in a report on Monday, November 17th. Finally, Jones Trading reaffirmed a “buy” rating and issued a $10.00 price target on shares of AGNC Investment in a research note on Tuesday, October 21st. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $10.18.

Insiders Place Their Bets

In other AGNC Investment news, CEO Peter J. Federico sold 45,798 shares of the firm’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $10.27, for a total transaction of $470,345.46. Following 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.42% of the stock is currently owned by company insiders.

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).