O ROURKE & COMPANY Inc Purchases 2,738 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

O ROURKE & COMPANY Inc raised its position in AGNC Investment Corp. (NASDAQ:AGNC) by 14.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,270 shares of the real estate investment trust’s stock after purchasing an additional 2,738 shares during the period. O ROURKE & COMPANY Inc’s holdings in AGNC Investment were worth $211,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. MeadowBrook Investment Advisors LLC bought a new position in AGNC Investment in the 4th quarter valued at $30,000. Bruce G. Allen Investments LLC bought a new stake in shares of AGNC Investment during the 4th quarter worth $37,000. CENTRAL TRUST Co bought a new stake in shares of AGNC Investment during the 4th quarter worth $46,000. Allworth Financial LP lifted its holdings in shares of AGNC Investment by 76.5% during the 4th quarter. Allworth Financial LP now owns 4,836 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 2,096 shares during the last quarter. Finally, Montag A & Associates Inc. bought a new stake in shares of AGNC Investment during the 4th quarter worth $55,000. 38.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, March 12th. Keefe, Bruyette & Woods lowered their price target on shares of AGNC Investment from $10.00 to $9.50 and set an “outperform” rating for the company in a research note on Wednesday, April 24th. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research note on Thursday, April 18th. Janney Montgomery Scott initiated coverage on shares of AGNC Investment in a research note on Thursday, June 6th. They issued a “buy” rating and a $10.50 price target for the company. Finally, Jonestrading lowered their price target on shares of AGNC Investment from $10.75 to $10.25 and set a “buy” rating for the company in a research note on Tuesday, April 23rd. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, AGNC Investment presently has an average rating of “Moderate Buy” and an average target price of $9.88.

AGNC Investment Price Performance

AGNC stock opened at $9.48 on Tuesday. The firm’s 50-day moving average price is $9.62 and its two-hundred day moving average price is $9.64. AGNC Investment Corp. has a 12-month low of $6.81 and a 12-month high of $10.64. The stock has a market capitalization of $6.89 billion, a price-to-earnings ratio of 10.42 and a beta of 1.48. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share (EPS) 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 27.14%. The firm had revenue of $642.00 million for the quarter, compared to analysts’ expectations of $568.38 million. During the same quarter in the previous year, the company earned $0.70 earnings per share. As a group, equities analysts predict that AGNC Investment Corp. will post 2.14 earnings per share for the current year.

AGNC Investment Announces Dividend

The business also recently declared a jun 24 dividend, which will be paid on Wednesday, July 10th. Investors of record on Friday, June 28th will be given a dividend of $0.12 per share. This represents a dividend yield of 14.8%. The ex-dividend date of this dividend is Friday, June 28th. AGNC Investment’s dividend payout ratio is currently 158.24%.

Insider Activity at AGNC Investment

In related news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $9.35, for a total transaction of $46,750.00. Following the transaction, the director now owns 75,545 shares in the company, valued at $706,345.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other AGNC Investment news, CFO Bernice Bell sold 3,500 shares of the company’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $9.32, for a total value of $32,620.00. Following the sale, the chief financial officer now owns 309,973 shares in the company, valued at $2,888,948.36. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Frances Spark sold 5,000 shares of the company’s stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total transaction of $46,750.00. Following the completion of the sale, the director now owns 75,545 shares in the company, valued at approximately $706,345.75. The disclosure for this sale can be found here. Insiders have sold 15,900 shares of company stock worth $149,030 over the last 90 days. 0.43% of the stock is owned by company insiders.

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).