Two Sigma Securities LLC bought a new position in AGNC Investment Corp. (NASDAQ:AGNC) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 14,174 shares of the real estate investment trust’s stock, valued at approximately $286,000.
Several other hedge funds and other institutional investors have also made changes to their positions in AGNC. FNY Managed Accounts LLC purchased a new position in AGNC Investment in the third quarter valued at approximately $104,000. Advisors Preferred LLC lifted its stake in AGNC Investment by 1,328.9% in the fourth quarter. Advisors Preferred LLC now owns 5,001 shares of the real estate investment trust’s stock valued at $101,000 after purchasing an additional 4,651 shares during the last quarter. Chicago Partners Investment Group LLC lifted its stake in AGNC Investment by 227.8% in the third quarter. Chicago Partners Investment Group LLC now owns 5,900 shares of the real estate investment trust’s stock valued at $128,000 after purchasing an additional 4,100 shares during the last quarter. Advantage Investment Management LLC purchased a new position in AGNC Investment in the fourth quarter valued at approximately $131,000. Finally, Victory Capital Management Inc. lifted its stake in AGNC Investment by 154.5% in the fourth quarter. Victory Capital Management Inc. now owns 6,567 shares of the real estate investment trust’s stock valued at $133,000 after purchasing an additional 3,987 shares during the last quarter. Hedge funds and other institutional investors own 67.86% of the company’s stock.
AGNC stock traded up $0.10 during midday trading on Friday, reaching $18.95. 3,345,112 shares of the company’s stock traded hands, compared to its average volume of 2,840,184. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.24 and a quick ratio of 0.24. AGNC Investment Corp. has a 52 week low of $17.84 and a 52 week high of $22.34. The stock has a market capitalization of $7,376.32, a price-to-earnings ratio of 7.70 and a beta of -0.06.
AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Wednesday, January 31st. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.02. AGNC Investment had a net margin of 86.72% and a return on equity of 11.89%. The business had revenue of $212.00 million for the quarter, compared to analysts’ expectations of $204.32 million. During the same quarter in the previous year, the firm posted $0.64 EPS. equities research analysts anticipate that AGNC Investment Corp. will post 2.41 EPS for the current year.
The firm also recently announced a mar 18 dividend, which will be paid on Monday, April 9th. Shareholders of record on Thursday, March 29th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a yield of 11.49%. AGNC Investment’s payout ratio is 87.80%.
In other AGNC Investment news, CFO Peter J. Federico sold 13,500 shares of the business’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $18.54, for a total transaction of $250,290.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.40% of the company’s stock.
Several research firms recently commented on AGNC. Zacks Investment Research downgraded AGNC Investment from a “buy” rating to a “hold” rating in a research note on Wednesday. ValuEngine downgraded AGNC Investment from a “buy” rating to a “hold” rating in a research note on Friday. BidaskClub upgraded AGNC Investment from a “sell” rating to a “hold” rating in a research note on Saturday, March 24th. Maxim Group reiterated a “buy” rating and issued a $21.25 price objective on shares of AGNC Investment in a research note on Thursday, February 1st. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $19.50 price objective on shares of AGNC Investment in a research note on Thursday, February 1st. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $19.96.
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About AGNC Investment
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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