Duality Advisers LP Invests $133,000 in AGNC Investment Corp. (NASDAQ:AGNC)

Duality Advisers LP acquired a new position in AGNC Investment Corp. (NASDAQ:AGNC) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 13,422 shares of the real estate investment trust’s stock, valued at approximately $133,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank purchased a new stake in AGNC Investment during the 4th quarter valued at about $69,215,000. Vanguard Group Inc. raised its position in AGNC Investment by 10.5% during the 4th quarter. Vanguard Group Inc. now owns 63,366,808 shares of the real estate investment trust’s stock valued at $621,628,000 after purchasing an additional 6,019,268 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in AGNC Investment during the 4th quarter valued at approximately $38,593,000. GRS Advisors LLC bought a new position in AGNC Investment during the 4th quarter valued at approximately $32,509,000. Finally, Victory Capital Management Inc. raised its position in shares of AGNC Investment by 150.5% in the 4th quarter. Victory Capital Management Inc. now owns 5,175,807 shares of the real estate investment trust’s stock worth $50,775,000 after acquiring an additional 3,109,966 shares in the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on AGNC shares. Jonestrading decreased their target price on AGNC Investment from $10.75 to $10.25 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. Keefe, Bruyette & Woods increased their target price on AGNC Investment from $9.50 to $10.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 10th. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday, April 18th. Finally, Janney Montgomery Scott started coverage on AGNC Investment in a research report on Thursday, June 6th. They issued a “buy” rating and a $10.50 target price for the company. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, AGNC Investment has a consensus rating of “Moderate Buy” and an average price target of $9.94.

Insider Transactions at AGNC Investment

In other news, Director Paul E. Mullings sold 5,400 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $9.40, for a total value of $50,760.00. Following the transaction, the director now directly owns 111,827 shares in the company, valued at approximately $1,051,173.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, Director Frances Spark sold 5,000 shares of the firm’s stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total value of $46,750.00. Following the transaction, the director now directly owns 75,545 shares in the company, valued at approximately $706,345.75. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Paul E. Mullings sold 5,400 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $9.40, for a total value of $50,760.00. Following the completion of the transaction, the director now owns 111,827 shares in the company, valued at $1,051,173.80. The disclosure for this sale can be found here. Insiders have sold a total of 15,900 shares of company stock worth $149,030 in the last ninety days. Insiders own 0.52% of the company’s stock.

AGNC Investment Stock Performance

Shares of AGNC opened at $10.45 on Monday. The business’s fifty day simple moving average is $9.72 and its two-hundred day simple moving average is $9.63. 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 Corp. has a 12 month low of $6.81 and a 12 month high of $10.64. The company has a market cap of $7.60 billion, a price-to-earnings ratio of 11.48 and a beta of 1.48.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. AGNC Investment had a return on equity of 27.14% and a net margin of 32.12%. The business had revenue of $642.00 million for the quarter, compared to the consensus estimate of $568.38 million. During the same period last year, the business posted $0.70 EPS. Research analysts anticipate that AGNC Investment Corp. will post 2.14 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently declared a jul 24 dividend, which will be paid on Friday, August 9th. Stockholders of record on Wednesday, July 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, July 31st. This represents a dividend yield of 13.8%. AGNC Investment’s dividend payout ratio (DPR) is currently 158.24%.

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).