1 week Ago By ABMN Staff
Victory Capital Management Inc. raised its stake in shares of AGNC Investment Corp. ( NASDAQ:AGNC – Free Report ) by 1.
0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,316,724 shares of the real estate investment trust’s stock after acquiring an additional 54,153 shares during the period. Victory Capital Management Inc.
owned approximately 0.73% of AGNC Investment worth $50,722,000 as of its most recent SEC filing. A number of other institutional investors have also made changes to their positions in AGNC.
International Assets Investment Management LLC increased its position in shares of AGNC Investment by 17.7% during the fourth quarter. International Assets Investment Management LLC now owns 81,413 shares of the real estate investment trust’s stock valued at $799,000 after acquiring an additional 12,228 shares during the last quarter.
Fisher Asset Management LLC acquired a new stake in shares of AGNC Investment during the fourth quarter valued at about $131,000. Amalgamated Bank increased its position in shares of AGNC Investment by 8.1% during the fourth quarter.
Amalgamated Bank now owns 97,181 shares of the real estate investment trust’s stock valued at $953,000 after acquiring an additional 7,262 shares during the last quarter. Private Advisor Group LLC increased its position in shares of AGNC Investment by 8.4% during the fourth quarter.
Private Advisor Group LLC now owns 156,898 shares of the real estate investment trust’s stock valued at $1,539,000 after acquiring an additional 12,201 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of AGNC Investment by 13.
1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,319,163 shares of the real estate investment trust’s stock valued at $42,371,000 after acquiring an additional 500,145 shares during the last quarter.
38.28% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analyst Weigh In A number of equities research analysts have weighed in on the stock.
JPMorgan Chase & Co. lifted their price target on shares of AGNC Investment from $9.50 to $10.
00 and gave the company an “overweight” rating in a research report on Tuesday, July 16th. Compass Point lifted their price objective on shares of AGNC Investment from $10.25 to $11.
00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Keefe, Bruyette & Woods lifted their price objective on shares of AGNC Investment from $10.00 to $10.
25 and gave the company an “outperform” rating in a report on Thursday, July 25th. Janney Montgomery Scott began coverage on shares of AGNC Investment in a report on Thursday, June 6th. They issued a “buy” rating and a $10.
50 price objective for the company. Finally, JMP Securities restated a “market perform” rating on shares of AGNC Investment in a report on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company.
Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $10.13. AGNC Investment Stock Down 0.
4 % Shares of AGNC Investment stock opened at $10.21 on Monday. AGNC Investment Corp.
has a 52-week low of $6.81 and a 52-week high of $10.57.
The company has a 50 day moving average of $10.08 and a 200 day moving average of $9.77.
The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.
01. The company has a market capitalization of $7.42 billion, a P/E ratio of 11.
22 and a beta of 1.47. AGNC Investment ( NASDAQ:AGNC – Get Free Report ) last issued its quarterly earnings results on Monday, July 22nd.
The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.
01). AGNC Investment had a return on equity of 26.21% and a net margin of 16.
15%. The firm had revenue of $695.00 million during the quarter, compared to analysts’ expectations of $643.
29 million. During the same quarter in the prior year, the firm earned $0.67 EPS.
The firm’s revenue was up 52.1% compared to the same quarter last year. As a group, research analysts forecast that AGNC Investment Corp.
will post 2.11 EPS for the current fiscal year. AGNC Investment Dividend Announcement The company also recently declared a aug 24 dividend, which will be paid on Wednesday, September 11th.
Investors of record on Friday, August 30th will be paid a $0.12 dividend. The ex-dividend date is Friday, August 30th.
This represents a yield of 14.5%. AGNC Investment’s dividend payout ratio is currently 158.
24%. Insider Buying and Selling In other news, CFO Bernice Bell sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $9.
97, for a total transaction of $49,850.00. Following the completion of the sale, the chief financial officer now owns 308,182 shares in the company, valued at approximately $3,072,574.
54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link . 0.
52% of the stock is owned by insiders. AGNC Investment Company Profile ( Free Report ) 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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