SG Americas Securities LLC lifted its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 79.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 286,353 shares of the real estate investment trust’s stock after buying an additional 126,994 shares during the quarter. SG Americas Securities LLC owned about 0.07% of AGNC Investment Corp. worth $6,208,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capstone Asset Management Co. purchased a new position in shares of AGNC Investment Corp. during the second quarter valued at about $219,000. Crossmark Global Holdings Inc. purchased a new position in shares of AGNC Investment Corp. during the third quarter valued at about $223,000. Summit Securities Group LLC increased its position in shares of AGNC Investment Corp. by 25.2% during the third quarter. Summit Securities Group LLC now owns 13,400 shares of the real estate investment trust’s stock valued at $291,000 after buying an additional 2,700 shares during the period. Brookstone Capital Management increased its position in shares of AGNC Investment Corp. by 19.2% during the third quarter. Brookstone Capital Management now owns 15,599 shares of the real estate investment trust’s stock valued at $338,000 after buying an additional 2,517 shares during the period. Finally, Toronto Dominion Bank increased its position in shares of AGNC Investment Corp. by 274.7% during the third quarter. Toronto Dominion Bank now owns 16,371 shares of the real estate investment trust’s stock valued at $355,000 after buying an additional 12,002 shares during the period. Institutional investors own 58.61% of the company’s stock.
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Several brokerages recently issued reports on AGNC. Zacks Investment Research cut shares of AGNC Investment Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. Maxim Group reiterated a “buy” rating and set a $21.25 price target on shares of AGNC Investment Corp. in a research report on Friday, October 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $20.28.
Shares of AGNC Investment Corp. (NASDAQ AGNC) traded up $0.06 on Friday, reaching $19.82. 3,778,296 shares of the company’s stock were exchanged, compared to its average volume of 4,029,342. The stock has a market capitalization of $7,730.00, a PE ratio of 7.85 and a beta of 0.15. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.05. AGNC Investment Corp. has a twelve month low of $17.30 and a twelve month high of $22.34.
AGNC Investment Corp. (NASDAQ:AGNC) last announced its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.62 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.01. The business had revenue of $178.00 million for the quarter, compared to analysts’ expectations of $177.50 million. AGNC Investment Corp. had a net margin of 145.02% and a return on equity of 12.00%. During the same quarter in the prior year, the company earned $0.67 earnings per share. sell-side analysts forecast that AGNC Investment Corp. will post 2.54 EPS for the current fiscal year.
The firm also recently disclosed a nov 17 dividend, which will be paid on Friday, December 8th. Shareholders of record on Thursday, November 30th will be issued a $0.18 dividend. This represents a yield of 11%. The ex-dividend date of this dividend is Wednesday, November 29th. AGNC Investment Corp.’s dividend payout ratio (DPR) is presently 53.33%.
AGNC Investment Corp. 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).
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