Thompson Siegel & Walmsley LLC boosted its position in AGNC Investment Corp. (NASDAQ:AGNC – Free Report) by 5.9% during the 4th quarter, Holdings Channel reports. The fund owned 1,897,569 shares of the real estate investment trust’s stock after acquiring an additional 105,250 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in AGNC Investment were worth $17,477,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. CIBC Asset Management Inc grew its position in shares of AGNC Investment by 5.3% during the fourth quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust’s stock worth $197,000 after acquiring an additional 1,075 shares during the last quarter. Armstrong Advisory Group Inc. grew its position in AGNC Investment by 6.6% in the 4th quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust’s stock valued at $170,000 after buying an additional 1,150 shares during the last quarter. Garden State Investment Advisory Services LLC grew its position in AGNC Investment by 10.0% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 12,947 shares of the real estate investment trust’s stock valued at $135,000 after buying an additional 1,176 shares during the last quarter. Harbour Investments Inc. grew its position in AGNC Investment by 4.2% in the 3rd quarter. Harbour Investments Inc. now owns 34,618 shares of the real estate investment trust’s stock valued at $362,000 after buying an additional 1,391 shares during the last quarter. Finally, D.A. Davidson & CO. grew its position in AGNC Investment by 6.6% in the 4th quarter. D.A. Davidson & CO. now owns 23,517 shares of the real estate investment trust’s stock valued at $217,000 after buying an additional 1,449 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.
AGNC Investment Trading Up 0.7 %
AGNC Investment stock opened at $10.09 on Thursday. The stock has a market cap of $9.24 billion, a PE ratio of 10.40 and a beta of 1.50. The stock has a 50-day moving average price of $9.94 and a 200 day moving average price of $9.93. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01.
AGNC Investment Announces Dividend
The business also recently disclosed a feb 25 dividend, which was paid on Tuesday, March 11th. Investors of record on Friday, February 28th were given a dividend of $0.12 per share. This represents a yield of 13.8%. The ex-dividend date of this dividend was Friday, February 28th. AGNC Investment’s dividend payout ratio is presently 148.45%.
Analyst Upgrades and Downgrades
AGNC has been the subject of a number of recent analyst reports. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. Wells Fargo & Company reduced their target price on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Royal Bank of Canada reissued an “outperform” rating and issued a $11.00 target price on shares of AGNC Investment in a report on Thursday, January 30th. Keefe, Bruyette & Woods reduced their target price on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a report on Wednesday, January 29th. Finally, StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, February 25th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.50.
Read Our Latest Research Report on AGNC Investment
Insider Buying and Selling
In other AGNC Investment news, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the sale, the director now owns 75,919 shares in the company, valued at $766,781.90. The trade was a 6.18 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the sale, the chief financial officer now owns 372,226 shares of the company’s stock, valued at $3,737,149.04. This trade represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by company insiders.
AGNC Investment 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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