Transcend Capital Advisors LLC Purchases 12,304 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Transcend Capital Advisors LLC raised its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 2.4% in the 4th quarter, HoldingsChannel reports. The fund owned 517,363 shares of the real estate investment trust’s stock after buying an additional 12,304 shares during the quarter. Transcend Capital Advisors LLC’s holdings in AGNC Investment were worth $5,075,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of AGNC Investment by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 57,347,540 shares of the real estate investment trust’s stock worth $541,361,000 after buying an additional 242,548 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of AGNC Investment by 5.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 7,682,998 shares of the real estate investment trust’s stock worth $75,370,000 after buying an additional 395,796 shares during the period. Clearbridge Investments LLC boosted its stake in AGNC Investment by 85.6% during the 3rd quarter. Clearbridge Investments LLC now owns 7,301,298 shares of the real estate investment trust’s stock worth $68,924,000 after acquiring an additional 3,367,112 shares during the last quarter. Equity Investment Corp boosted its stake in AGNC Investment by 3.8% during the 3rd quarter. Equity Investment Corp now owns 6,343,975 shares of the real estate investment trust’s stock worth $59,887,000 after acquiring an additional 230,265 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in AGNC Investment by 6.8% during the 3rd quarter. Northern Trust Corp now owns 5,540,115 shares of the real estate investment trust’s stock worth $52,299,000 after acquiring an additional 352,385 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Stock Up 1.0 %

AGNC traded up $0.09 during trading on Friday, reaching $9.33. The company had a trading volume of 13,154,097 shares, compared to its average volume of 10,943,930. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26. AGNC Investment Corp. has a 12 month low of $6.81 and a 12 month high of $10.64. The business’s fifty day moving average price is $9.55 and its 200 day moving average price is $9.26. The company has a market cap of $6.48 billion, a P/E ratio of 10.25 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. The firm had revenue of $642.00 million for the quarter, compared to analyst estimates of $568.38 million. During the same quarter in the previous year, the firm posted $0.70 earnings per share. Equities analysts anticipate that AGNC Investment Corp. will post 2.18 EPS for the current year.

AGNC Investment Dividend Announcement

The firm also recently disclosed a apr 24 dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th will be given a $0.12 dividend. This represents a dividend yield of 15.4%. The ex-dividend date is Monday, April 29th. AGNC Investment’s dividend payout ratio is presently 158.24%.

Analyst Ratings Changes

Several research analysts recently weighed in on AGNC shares. Keefe, Bruyette & Woods reduced their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “outperform” rating on the stock in a research note on Wednesday. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research note on Thursday, April 18th. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, March 12th. Barclays lifted their price objective on shares of AGNC Investment from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research note on Monday, January 22nd. Finally, Jonestrading reduced their price objective on shares of AGNC Investment from $10.75 to $10.25 and set a “buy” rating on the stock in a research note on Tuesday. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $9.79.

Insider Transactions at AGNC Investment

In other news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $9.35, for a total value of $46,750.00. Following the sale, the director now owns 75,545 shares of the company’s stock, valued at $706,345.75. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.52% of the stock is currently owned by insiders.

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).