13,403 Shares in AGNC Investment Corp. (NASDAQ:AGNC) Acquired by Insigneo Advisory Services LLC

Insigneo Advisory Services LLC acquired a new stake in AGNC Investment Corp. (NASDAQ:AGNC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,403 shares of the real estate investment trust’s stock, valued at approximately $131,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CIBC Asset Management Inc grew its holdings in shares of AGNC Investment by 5.4% in the second quarter. CIBC Asset Management Inc now owns 19,712 shares of the real estate investment trust’s stock worth $188,000 after purchasing an additional 1,012 shares during the last quarter. Avantax Advisory Services Inc. boosted its position in AGNC Investment by 6.7% in the 1st quarter. Avantax Advisory Services Inc. now owns 16,847 shares of the real estate investment trust’s stock valued at $167,000 after buying an additional 1,059 shares during the period. Highlander Capital Management LLC grew its stake in AGNC Investment by 8.1% in the 1st quarter. Highlander Capital Management LLC now owns 15,940 shares of the real estate investment trust’s stock worth $158,000 after acquiring an additional 1,200 shares in the last quarter. Oak Thistle LLC increased its position in shares of AGNC Investment by 4.9% during the second quarter. Oak Thistle LLC now owns 26,815 shares of the real estate investment trust’s stock worth $256,000 after acquiring an additional 1,251 shares during the period. Finally, Evergreen Capital Management LLC raised its stake in shares of AGNC Investment by 15.2% during the second quarter. Evergreen Capital Management LLC now owns 11,830 shares of the real estate investment trust’s stock valued at $114,000 after acquiring an additional 1,565 shares in the last quarter. Hedge funds and other institutional investors own 38.28% of the company’s stock.

Analysts Set New Price Targets

AGNC has been the topic of several research reports. Compass Point raised their price target on AGNC Investment from $10.25 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Janney Montgomery Scott started coverage on shares of AGNC Investment in a research report on Thursday, June 6th. They issued a “buy” rating and a $10.50 price objective on the stock. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Wednesday, August 28th. Keefe, Bruyette & Woods raised their target price on shares of AGNC Investment from $10.00 to $10.25 and gave the company an “outperform” rating in a research note on Thursday, July 25th. Finally, Maxim Group downgraded AGNC Investment from a “buy” rating to a “hold” rating in a research report on Wednesday, July 24th. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $10.33.

Insider Buying and Selling at AGNC Investment

In other news, CFO Bernice Bell sold 5,000 shares of the business’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $10.07, for a total value of $50,350.00. Following the completion of the transaction, the chief financial officer now owns 298,182 shares of the company’s stock, valued at approximately $3,002,692.74. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.52% of the stock is owned by corporate insiders.

AGNC Investment Stock Up 1.2 %

AGNC Investment stock opened at $10.53 on Friday. AGNC Investment Corp. has a fifty-two week low of $6.81 and a fifty-two week high of $10.85. The company has a market cap of $7.65 billion, a PE ratio of 11.57 and a beta of 1.47. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.27 and a current ratio of 0.27. The business’s 50-day simple moving average is $10.20 and its two-hundred day simple moving average is $9.85.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Monday, July 22nd. The real estate investment trust reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.01). AGNC Investment had a return on equity of 26.21% and a net margin of 16.15%. The business had revenue of $695.00 million during the quarter, compared to analyst estimates of $643.29 million. During the same quarter last year, the company posted $0.67 EPS. AGNC Investment’s quarterly revenue was up 52.1% compared to the same quarter last year. Equities analysts anticipate that AGNC Investment Corp. will post 2.11 EPS for the current year.

AGNC Investment Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, October 9th. Investors of record on Monday, September 30th will be issued a dividend of $0.12 per share. The ex-dividend date is Monday, September 30th. This represents a $1.44 annualized dividend and a dividend yield of 13.68%. AGNC Investment’s dividend payout ratio (DPR) is presently 158.24%.

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).