180 Wealth Advisors LLC lessened its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC – Free Report) by 10.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,836 shares of the real estate investment trust’s stock after selling 1,939 shares during the quarter. 180 Wealth Advisors LLC’s holdings in AGNC Investment were worth $155,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of AGNC. Riverview Trust Co acquired a new position in shares of AGNC Investment during the third quarter worth about $25,000. Point72 Asset Management L.P. purchased a new stake in shares of AGNC Investment during the third quarter worth about $32,000. Northwestern Mutual Wealth Management Co. increased its position in shares of AGNC Investment by 52.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 1,255 shares during the last quarter. Blue Trust Inc. increased its position in shares of AGNC Investment by 315.9% during the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 2,966 shares during the last quarter. Finally, Quarry LP increased its position in shares of AGNC Investment by 75.6% during the second quarter. Quarry LP now owns 5,285 shares of the real estate investment trust’s stock worth $50,000 after acquiring an additional 2,275 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. dropped their target price on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research report on Monday, December 9th. StockNews.com lowered AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Finally, Wells Fargo & Company raised AGNC Investment from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $10.00 to $12.00 in a report on Friday, September 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $10.44.
AGNC Investment Stock Up 1.6 %
NASDAQ:AGNC opened at $9.39 on Thursday. The firm has a market capitalization of $8.32 billion, a PE ratio of 6.52 and a beta of 1.47. The stock has a 50 day moving average of $9.49 and a 200-day moving average of $9.90. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01.
AGNC Investment (NASDAQ:AGNC – Get Free Report) last posted its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.04). The company had revenue of $756.00 million for the quarter, compared to the consensus estimate of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same period last year, the company posted $0.65 earnings per share. Analysts predict that AGNC Investment Corp. will post 1.94 EPS for the current year.
AGNC Investment Dividend Announcement
The business also recently announced a jan 25 dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be issued a dividend of $0.12 per share. This represents a dividend yield of 15.5%. The ex-dividend date is Friday, January 31st. AGNC Investment’s dividend payout ratio (DPR) is presently 100.00%.
About AGNC Investment
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).
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