AGNC Investment Corp. (NASDAQ:AGNC) Shares Purchased by Swiss National Bank

Swiss National Bank raised its position in AGNC Investment Corp. (NASDAQ:AGNC) by 7.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,538,900 shares of the real estate investment trust’s stock after buying an additional 102,400 shares during the period. Swiss National Bank owned about 0.17% of AGNC Investment worth $14,173,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Atria Investments Inc boosted its stake in shares of AGNC Investment by 5.4% in the third quarter. Atria Investments Inc now owns 30,506 shares of the real estate investment trust’s stock worth $319,000 after acquiring an additional 1,564 shares during the last quarter. OneDigital Investment Advisors LLC acquired a new stake in AGNC Investment during the 3rd quarter worth $180,000. Thrivent Financial for Lutherans grew its holdings in shares of AGNC Investment by 3,409.3% during the third quarter. Thrivent Financial for Lutherans now owns 696,095 shares of the real estate investment trust’s stock worth $7,281,000 after buying an additional 676,259 shares in the last quarter. Pathstone Holdings LLC raised its position in shares of AGNC Investment by 17.8% in the third quarter. Pathstone Holdings LLC now owns 210,477 shares of the real estate investment trust’s stock valued at $2,224,000 after buying an additional 31,787 shares during the last quarter. Finally, Caprock Group LLC lifted its stake in shares of AGNC Investment by 5.8% in the third quarter. Caprock Group LLC now owns 133,466 shares of the real estate investment trust’s stock worth $1,412,000 after buying an additional 7,355 shares in the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at AGNC Investment

In other news, Director Frances Spark sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the transaction, the director now owns 75,919 shares of the company’s stock, valued at approximately $766,781.90. This trade represents a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Bernice Bell sold 13,000 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the sale, the chief financial officer now directly owns 372,226 shares in the company, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have commented on AGNC. Argus upgraded shares of AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, February 25th. Royal Bank of Canada reissued an “outperform” rating and set a $11.00 price objective on shares of AGNC Investment in a research note on Thursday, January 30th. JPMorgan Chase & Co. cut their target price on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research note on Monday, December 9th. Finally, Wells Fargo & Company lowered their price target on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, AGNC Investment currently has a consensus rating of “Moderate Buy” and an average price target of $10.50.

AGNC Investment Price Performance

Shares of AGNC opened at $10.36 on Thursday. The firm has a 50-day simple moving average of $10.05 and a two-hundred day simple moving average of $9.93. The stock has a market cap of $9.48 billion, a PE ratio of 10.68 and a beta of 1.50. AGNC Investment Corp. has a 1-year low of $8.92 and a 1-year high of $10.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. As a group, analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The company also recently announced a mar 25 dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be paid a dividend of $0.12 per share. This represents a yield of 14.1%. The ex-dividend date of this dividend is Monday, March 31st. AGNC Investment’s payout ratio is 148.45%.

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).