AGNC Investment Corp. (NASDAQ:AGNC) Shares Purchased by US Bancorp DE

US Bancorp DE raised its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 279.0% in the third quarter, Holdings Channel.com reports. The fund owned 239,493 shares of the real estate investment trust’s stock after acquiring an additional 176,301 shares during the period. US Bancorp DE’s holdings in AGNC Investment were worth $2,505,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Vanguard Capital Wealth Advisors acquired a new stake in shares of AGNC Investment during the 3rd quarter valued at $298,000. Motiv8 Investments LLC purchased a new stake in shares of AGNC Investment during the third quarter valued at $108,000. J.W. Cole Advisors Inc. boosted its position in shares of AGNC Investment by 112.7% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 107,749 shares of the real estate investment trust’s stock valued at $1,127,000 after purchasing an additional 57,089 shares during the period. Consolidated Portfolio Review Corp raised its holdings in AGNC Investment by 53.8% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 129,296 shares of the real estate investment trust’s stock worth $1,352,000 after buying an additional 45,212 shares during the period. Finally, PFG Investments LLC raised its holdings in AGNC Investment by 24.8% during the 3rd quarter. PFG Investments LLC now owns 131,911 shares of the real estate investment trust’s stock worth $1,380,000 after buying an additional 26,190 shares during the period. Institutional investors and hedge funds own 38.28% of the company’s stock.

Analysts Set New Price Targets

AGNC has been the topic of a number of recent analyst reports. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a report on Wednesday, August 28th. JPMorgan Chase & Co. lifted their price target on AGNC Investment from $9.50 to $10.00 and gave the company an “overweight” rating in a report on Tuesday, July 16th. Keefe, Bruyette & Woods upped their price target on AGNC Investment from $10.00 to $10.25 and gave the company an “outperform” rating in a research report on Thursday, July 25th. Maxim Group lowered AGNC Investment from a “buy” rating to a “hold” rating in a research report on Wednesday, July 24th. Finally, Wells Fargo & Company upgraded AGNC Investment from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $10.00 to $12.00 in a report on Friday, September 20th. One 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 currently has an average rating of “Moderate Buy” and a consensus price target of $10.33.

Insider Activity

In other AGNC Investment news, CFO Bernice Bell sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The shares were 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. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.43% of the stock is currently owned by company insiders.

AGNC Investment Price Performance

Shares of AGNC stock opened at $9.52 on Wednesday. AGNC Investment Corp. has a 1 year low of $8.20 and a 1 year high of $10.85. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.01. The firm’s 50 day moving average is $10.21 and its 200-day moving average is $9.95. The firm has a market capitalization of $7.45 billion, a price-to-earnings ratio of 6.49 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). The firm had revenue of $756.00 million during the quarter, compared to analyst estimates of $219.50 million. AGNC Investment had a return on equity of 24.40% and a net margin of 42.19%. During the same quarter in the previous year, the business earned $0.65 earnings per share. Sell-side analysts forecast that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently announced a oct 24 dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.12 per share. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 14%. AGNC Investment’s payout ratio is currently 100.00%.

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).