Prospera Financial Services Inc Purchases 12,776 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Prospera Financial Services Inc raised its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 110.2% in the third quarter, Holdings Channel reports. The firm owned 24,369 shares of the real estate investment trust’s stock after acquiring an additional 12,776 shares during the quarter. Prospera Financial Services Inc’s holdings in AGNC Investment were worth $255,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of AGNC. Vaughan Nelson Investment Management L.P. increased its stake in AGNC Investment by 200.5% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock valued at $151,113,000 after purchasing an additional 9,639,675 shares in the last quarter. Natixis Advisors LLC grew its stake in shares of AGNC Investment by 314.8% in the third quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust’s stock worth $40,196,000 after acquiring an additional 2,916,345 shares during the period. ORG Wealth Partners LLC bought a new stake in shares of AGNC Investment in the third quarter worth approximately $17,463,000. Boston Partners grew its stake in shares of AGNC Investment by 522.4% in the first quarter. Boston Partners now owns 1,437,698 shares of the real estate investment trust’s stock worth $14,229,000 after acquiring an additional 1,206,714 shares during the period. Finally, International Assets Investment Management LLC grew its stake in shares of AGNC Investment by 945.2% in the third quarter. International Assets Investment Management LLC now owns 1,072,039 shares of the real estate investment trust’s stock worth $102,489,000 after acquiring an additional 969,475 shares during the period. 38.28% of the stock is currently owned by institutional investors.

AGNC Investment Price Performance

Shares of NASDAQ:AGNC opened at $9.75 on Tuesday. 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 1-year low of $8.57 and a 1-year high of $10.85. The company has a market capitalization of $8.63 billion, a P/E ratio of 6.77 and a beta of 1.47. The firm’s 50 day simple moving average is $10.02 and its two-hundred day simple moving average is $9.97.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. The firm had revenue of $756.00 million for the quarter, compared to analysts’ expectations of $219.50 million. During the same period in the prior year, the firm earned $0.65 EPS. Research analysts expect that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.12 per share. This represents a yield of 14.9%. The ex-dividend date of this dividend is Friday, November 29th. AGNC Investment’s dividend payout ratio is currently 100.00%.

Analyst Ratings Changes

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