Trivium Point Advisory LLC Purchases New Holdings in AGNC Investment Corp. $AGNC

Trivium Point Advisory LLC acquired a new position in AGNC Investment Corp. (NASDAQ:AGNC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,115,176 shares of the real estate investment trust’s stock, valued at approximately $12,155,000. AGNC Investment comprises about 1.1% of Trivium Point Advisory LLC’s investment portfolio, making the stock its 22nd largest holding. Trivium Point Advisory LLC owned approximately 0.09% of AGNC Investment as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Norges Bank bought a new position in shares of AGNC Investment in the fourth quarter worth about $141,830,000. Bank of New York Mellon Corp purchased a new stake in AGNC Investment in the 2nd quarter valued at about $40,182,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in AGNC Investment in the 4th quarter worth about $33,210,000. State Street Corp grew its stake in AGNC Investment by 12.9% in the 2nd quarter. State Street Corp now owns 16,693,449 shares of the real estate investment trust’s stock worth $155,383,000 after acquiring an additional 1,906,785 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of AGNC Investment by 5.8% during the fourth quarter. Geode Capital Management LLC now owns 29,097,741 shares of the real estate investment trust’s stock worth $312,275,000 after acquiring an additional 1,596,244 shares during the period. Hedge funds and other institutional investors own 38.28% of the company’s stock.

AGNC Investment Price Performance

Shares of NASDAQ:AGNC opened at $10.96 on Monday. The company has a market capitalization of $12.99 billion, a price-to-earnings ratio of 5.77 and a beta of 1.32. AGNC Investment Corp. has a 52 week low of $9.57 and a 52 week high of $12.19. The firm has a 50 day moving average of $10.76 and a 200 day moving average of $10.74.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Monday, July 20th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.02. The company had revenue of $305.00 million during the quarter, compared to analyst estimates of $1.06 billion. AGNC Investment had a return on equity of 17.96% and a net margin of 57.94%.During the same quarter in the prior year, the business earned ($0.17) earnings per share. On average, sell-side analysts expect that AGNC Investment Corp. will post 1.6 EPS for the current year.

AGNC Investment Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 31st will be given a $0.12 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 13.1%. AGNC Investment’s payout ratio is presently 75.79%.

Insider Activity

In related news, EVP Bernice Bell sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $11.00, for a total transaction of $55,000.00. Following the completion of the transaction, the executive vice president owned 406,947 shares in the company, valued at $4,476,417. The trade was a 1.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AGNC. Wall Street Zen raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Compass Point downgraded AGNC Investment from a “buy” rating to a “neutral” rating and set a $11.50 price objective on the stock. in a report on Friday, July 17th. Weiss Ratings raised AGNC Investment from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 3rd. Wells Fargo & Company lowered their target price on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Thursday, July 23rd. Finally, UBS Group increased their price target on AGNC Investment from $10.50 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Three research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, AGNC Investment presently has an average rating of “Hold” and a consensus target price of $11.11.

About AGNC Investment

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.