306,486 Shares in AGNC Investment Corp. $AGNC Bought by Natixis

Natixis purchased a new stake in AGNC Investment Corp. (NASDAQ:AGNC) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 306,486 shares of the real estate investment trust’s stock, valued at approximately $2,817,000.

Other large investors have also recently added to or reduced their stakes in the company. California Public Employees Retirement System raised its stake in shares of AGNC Investment by 9.1% in the 2nd quarter. California Public Employees Retirement System now owns 1,223,107 shares of the real estate investment trust’s stock valued at $11,240,000 after purchasing an additional 101,620 shares in the last quarter. Federated Hermes Inc. increased its holdings in AGNC Investment by 2.7% in the second quarter. Federated Hermes Inc. now owns 139,356 shares of the real estate investment trust’s stock valued at $1,281,000 after buying an additional 3,611 shares during the last quarter. StoneX Group Inc. acquired a new stake in AGNC Investment during the second quarter valued at approximately $118,000. SCS Capital Management LLC lifted its holdings in AGNC Investment by 4.1% during the 2nd quarter. SCS Capital Management LLC now owns 50,603 shares of the real estate investment trust’s stock worth $465,000 after buying an additional 1,975 shares during the last quarter. Finally, Marshall Wace LLP grew its position in shares of AGNC Investment by 46.4% in the 2nd quarter. Marshall Wace LLP now owns 783,506 shares of the real estate investment trust’s stock worth $7,200,000 after acquiring an additional 248,238 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors.

Insider Activity at AGNC Investment

In other news, CEO Peter J. Federico sold 45,798 shares of AGNC Investment stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $10.27, for a total transaction of $470,345.46. Following the sale, the chief executive officer owned 1,557,401 shares of the company’s stock, valued at approximately $15,994,508.27. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.42% of the company’s stock.

AGNC Investment Stock Performance

AGNC stock opened at $10.38 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.31 and a current ratio of 0.31. The stock has a market capitalization of $11.13 billion, a price-to-earnings ratio of 15.49 and a beta of 1.36. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.67. The stock’s fifty day moving average is $10.20 and its two-hundred day moving average is $9.77.

AGNC Investment (NASDAQ:AGNC) last released its quarterly 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). AGNC Investment had a return on equity of 18.84% and a net margin of 24.40%.The firm had revenue of $836.00 million for the quarter, compared to the consensus estimate of $466.39 million. During the same quarter in the prior year, the company posted $0.43 EPS. On average, research analysts predict that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, January 12th. Shareholders of record on Wednesday, December 31st will be paid a $0.12 dividend. The ex-dividend date is Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 13.9%. AGNC Investment’s dividend payout ratio (DPR) is presently 214.93%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AGNC. 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. JPMorgan Chase & Co. boosted their target price on shares of AGNC Investment from $9.50 to $10.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Weiss Ratings restated a “hold (c)” rating on shares of AGNC Investment in a research report on Monday. Piper Sandler lifted their price target on shares of AGNC Investment from $10.00 to $10.50 and gave the company an “overweight” rating in a report on Wednesday, October 8th. Finally, Royal Bank Of Canada boosted their price objective on shares of AGNC Investment from $10.00 to $11.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, AGNC Investment currently has an average rating of “Moderate Buy” and a consensus price target of $10.18.

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).