AGNC Investment Corp. (NASDAQ:AGNC) Shares Acquired by Penserra Capital Management LLC

Penserra Capital Management LLC increased its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 17.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 154,912 shares of the real estate investment trust’s stock after purchasing an additional 22,978 shares during the period. Penserra Capital Management LLC’s holdings in AGNC Investment were worth $1,620,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AGNC. Riverview Trust Co acquired a new position in shares of AGNC Investment in the third quarter worth $25,000. Ashton Thomas Private Wealth LLC acquired a new position in AGNC Investment in the 2nd quarter valued at about $31,000. Northwestern Mutual Wealth Management Co. lifted its holdings in AGNC Investment by 52.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 1,255 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of AGNC Investment by 315.9% during the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 2,966 shares during the last quarter. Finally, LRI Investments LLC purchased a new stake in shares of AGNC Investment during the first quarter worth about $38,000. Hedge funds and other institutional investors own 38.28% of the company’s stock.

AGNC Investment Stock Performance

Shares of NASDAQ:AGNC opened at $9.64 on Wednesday. The business has a 50-day moving average of $10.02 and a two-hundred day moving average of $9.97. The firm has a market capitalization of $8.54 billion, a PE ratio of 6.69 and a beta of 1.47. 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 Corp. has a 12 month low of $8.57 and a 12 month high of $10.85.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. The business had revenue of $756.00 million for the quarter, compared to analyst estimates of $219.50 million. During the same period last year, the company posted $0.65 EPS. As a group, research analysts forecast that AGNC Investment Corp. will post 1.94 earnings per share for the current year.

AGNC Investment Dividend Announcement

The firm also recently announced a nov 24 dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 29th will be paid a $0.12 dividend. This represents a dividend yield of 14.9%. The ex-dividend date is Friday, November 29th. AGNC Investment’s dividend payout ratio is presently 100.00%.

Analyst Upgrades and Downgrades

AGNC has been the topic of several recent analyst reports. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research note on Wednesday, August 28th. Royal Bank of Canada increased their price target on AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Friday, August 16th. Wells Fargo & Company upgraded AGNC Investment from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $10.00 to $12.00 in a report on Friday, September 20th. Finally, StockNews.com lowered AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $10.33.

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).