Compass Financial Management LLC Takes $3.78 Million Position in AGNC Investment Corp. $AGNC

Compass Financial Management LLC acquired a new position in AGNC Investment Corp. (NASDAQ:AGNC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 352,260 shares of the real estate investment trust’s stock, valued at approximately $3,784,000.

Other institutional investors have also made changes to their positions in the company. Delta Asset Management LLC TN bought a new stake in AGNC Investment during the 2nd quarter valued at approximately $25,000. Danske Bank A S acquired a new stake in AGNC Investment in the 2nd quarter valued at approximately $26,000. Osbon Capital Management LLC bought a new position in AGNC Investment in the 2nd quarter worth approximately $28,000. N.E.W. Advisory Services LLC bought a new position in AGNC Investment in the 2nd quarter worth approximately $28,000. Finally, Avion Wealth lifted its holdings in shares of AGNC Investment by 286.3% during the first quarter. Avion Wealth now owns 2,727 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 2,021 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on AGNC shares. Compass Point cut AGNC Investment from a “buy” rating to a “neutral” rating and set a $11.50 price objective for the company. in a research report on Friday, July 17th. Wells Fargo & Company dropped their target price on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, July 23rd. Keefe, Bruyette & Woods cut their target price on shares of AGNC Investment from $12.00 to $11.00 and set a “market perform” rating for the company in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $11.50 price target (up from $11.00) on shares of AGNC Investment in a report on Friday, July 17th. Finally, Weiss Ratings upgraded shares of AGNC Investment from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, August 17th. Four investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $11.11.

Insider Transactions at AGNC Investment

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

AGNC Investment Trading Down 0.1%

Shares of AGNC stock opened at $10.65 on Friday. AGNC Investment Corp. has a 12 month low of $9.63 and a 12 month high of $12.19. The company has a market capitalization of $12.63 billion, a P/E ratio of 5.61 and a beta of 1.32. The stock has a 50 day moving average of $10.89 and a two-hundred day moving average of $10.67.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Monday, July 20th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.02. The business had revenue of $305.00 million for the quarter, compared to analysts’ expectations of $1.06 billion. AGNC Investment had a return on equity of 17.96% and a net margin of 57.94%.During the same period in the previous year, the business posted ($0.17) earnings per share. Sell-side analysts predict that AGNC Investment Corp. will post 1.6 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 31st will be paid a dividend of $0.12 per share. The ex-dividend date is Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 13.5%. AGNC Investment’s payout ratio is currently 75.79%.

AGNC Investment Company Profile

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.