Thrivent Financial For Lutherans acquired a new stake in AGNC Investment Corp. (NASDAQ:AGNC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 221,925 shares of the real estate investment trust’s stock, valued at approximately $4,481,000. Thrivent Financial For Lutherans owned about 0.06% of AGNC Investment as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in AGNC. FNY Managed Accounts LLC bought a new position in shares of AGNC Investment during the 3rd quarter worth $104,000. Advisors Preferred LLC grew its position in shares of AGNC Investment by 1,328.9% during the 4th quarter. Advisors Preferred LLC now owns 5,001 shares of the real estate investment trust’s stock worth $101,000 after buying an additional 4,651 shares in the last quarter. Chicago Partners Investment Group LLC grew its position in shares of AGNC Investment by 227.8% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 5,900 shares of the real estate investment trust’s stock worth $128,000 after buying an additional 4,100 shares in the last quarter. Advantage Investment Management LLC bought a new position in shares of AGNC Investment during the 4th quarter worth $131,000. Finally, Victory Capital Management Inc. grew its position in shares of AGNC Investment by 154.5% during the 4th quarter. Victory Capital Management Inc. now owns 6,567 shares of the real estate investment trust’s stock worth $133,000 after buying an additional 3,987 shares in the last quarter. 67.86% of the stock is currently owned by institutional investors.
Shares of NASDAQ AGNC traded up $0.10 during mid-day trading on Friday, reaching $18.95. 3,345,112 shares of the company were exchanged, 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. The stock has a market capitalization of $7,415.46, a P/E ratio of 7.70 and a beta of -0.06. AGNC Investment Corp. has a 1 year low of $17.84 and a 1 year high of $22.34.
AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings data on Wednesday, January 31st. The real estate investment trust reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. AGNC Investment had a return on equity of 11.89% and a net margin of 86.72%. The firm had revenue of $212.00 million during the quarter, compared to analysts’ expectations of $204.32 million. During the same period in the prior year, the business posted $0.64 EPS. equities research analysts anticipate that AGNC Investment Corp. will post 2.41 earnings per share for the current fiscal year.
The firm also recently declared a mar 18 dividend, which will be paid on Monday, April 9th. Shareholders of record on Thursday, March 29th will be paid a $0.18 dividend. This represents a yield of 11.49%. The ex-dividend date of this dividend is Wednesday, March 28th. AGNC Investment’s dividend payout ratio (DPR) is presently 87.80%.
In other AGNC Investment news, CFO Peter J. Federico sold 13,500 shares of the stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $18.54, for a total value of $250,290.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.40% of the company’s stock.
A number of research firms have recently issued reports on AGNC. ValuEngine downgraded AGNC Investment from a “buy” rating to a “hold” rating in a research report on Friday. Zacks Investment Research downgraded AGNC Investment from a “buy” rating to a “hold” rating in a research report on Wednesday. BidaskClub raised AGNC Investment from a “sell” rating to a “hold” rating in a research report on Saturday, March 24th. Barclays decreased their price objective on AGNC Investment from $21.00 to $20.00 and set an “equal weight” rating for the company in a research note on Friday, February 2nd. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set 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 given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $19.96.
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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).
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