Private Advisor Group LLC Has $1.54 Million Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Private Advisor Group LLC grew its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 1.6% during the second quarter, HoldingsChannel.com reports. The firm owned 161,244 shares of the real estate investment trust’s stock after buying an additional 2,573 shares during the period. Private Advisor Group LLC’s holdings in AGNC Investment were worth $1,538,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LRI Investments LLC acquired a new position in AGNC Investment in the first quarter valued at about $38,000. Verity & Verity LLC acquired a new stake in AGNC Investment in the first quarter worth $45,000. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in AGNC Investment in the first quarter worth $53,000. Covestor Ltd boosted its position in shares of AGNC Investment by 905.7% during the first quarter. Covestor Ltd now owns 6,849 shares of the real estate investment trust’s stock worth $68,000 after purchasing an additional 6,168 shares in the last quarter. Finally, ORG Partners LLC acquired a new position in shares of AGNC Investment in the 2nd quarter valued at $70,000. 38.28% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Bernice Bell sold 5,000 shares of the stock in a transaction that occurred on 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 sale, the chief financial officer now owns 298,182 shares of the company’s stock, valued at approximately $3,002,692.74. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.52% of the company’s stock.

Analyst Ratings Changes

AGNC has been the topic of several research analyst reports. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research note on Wednesday, August 28th. Compass Point lifted their price objective on AGNC Investment from $10.25 to $11.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. StockNews.com lowered AGNC Investment from a “hold” rating to a “sell” rating in a research report on Sunday, September 8th. Royal Bank of Canada raised their target price on shares of AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a report on Friday, August 16th. Finally, JPMorgan Chase & Co. upped their price target on shares of AGNC Investment from $9.50 to $10.00 and gave the company an “overweight” rating in a report on Tuesday, July 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $10.13.

AGNC Investment Price Performance

NASDAQ AGNC opened at $10.35 on Friday. AGNC Investment Corp. has a 12-month low of $6.81 and a 12-month high of $10.57. The firm’s 50 day moving average is $10.14 and its 200-day moving average is $9.79. The company has a market capitalization of $7.52 billion, a PE ratio of 11.37 and a beta of 1.47. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.01.

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

AGNC Investment Announces Dividend

The business also recently declared a aug 24 dividend, which was paid on Wednesday, September 11th. Shareholders of record on Friday, August 30th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a yield of 14.5%. AGNC Investment’s dividend payout ratio is 158.24%.

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).