AGNC Investment Corp. (AGNC) Stake Raised by Schroder Investment Management Group

Schroder Investment Management Group grew its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 24.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 162,772 shares of the real estate investment trust’s stock after purchasing an additional 32,229 shares during the quarter. Schroder Investment Management Group’s holdings in AGNC Investment were worth $3,032,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of AGNC. FMR LLC raised its stake in shares of AGNC Investment by 129.0% in the 3rd quarter. FMR LLC now owns 12,775,229 shares of the real estate investment trust’s stock valued at $238,002,000 after purchasing an additional 7,197,703 shares in the last quarter. BlackRock Inc. raised its stake in AGNC Investment by 14.4% during the third quarter. BlackRock Inc. now owns 42,967,955 shares of the real estate investment trust’s stock worth $800,494,000 after acquiring an additional 5,400,238 shares during the period. State Treasurer State of Michigan raised its stake in AGNC Investment by 31.4% during the second quarter. State Treasurer State of Michigan now owns 18,541,100 shares of the real estate investment trust’s stock worth $344,679,000 after acquiring an additional 4,435,300 shares during the period. State of Alaska Department of Revenue raised its stake in AGNC Investment by 809.0% during the third quarter. State of Alaska Department of Revenue now owns 2,230,503 shares of the real estate investment trust’s stock worth $41,554,000 after acquiring an additional 1,985,129 shares during the period. Finally, Penn Mutual Asset Management LLC acquired a new stake in AGNC Investment during the third quarter worth about $23,418,000. Institutional investors and hedge funds own 58.85% of the company’s stock.

In other news, Director Larry K. Harvey purchased 4,000 shares of the company’s stock in a transaction on Tuesday, October 30th. The shares were bought at an average price of $17.74 per share, for a total transaction of $70,960.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.40% of the stock is currently owned by company insiders.

Several research firms recently weighed in on AGNC. ValuEngine upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Friday. Barclays reiterated a “hold” rating and set a $19.00 price objective on shares of AGNC Investment in a research note on Wednesday, September 12th. BidaskClub lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, September 22nd. Finally, Zacks Investment Research upgraded shares of AGNC Investment from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research note on Monday, September 24th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $19.35.

AGNC opened at $17.83 on Friday. The stock has a market cap of $9.42 billion, a P/E ratio of 7.26, a price-to-earnings-growth ratio of 2.43 and a beta of 0.13. AGNC Investment Corp. has a fifty-two week low of $17.26 and a fifty-two week high of $20.84. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.03.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Wednesday, October 24th. The real estate investment trust reported $0.61 EPS for the quarter, beating the consensus estimate of $0.59 by $0.02. AGNC Investment had a net margin of 125.99% and a return on equity of 12.05%. The company had revenue of $188.00 million for the quarter, compared to analyst estimates of $324.65 million. During the same quarter last year, the business earned $0.62 earnings per share. Sell-side analysts predict that AGNC Investment Corp. will post 2.45 earnings per share for the current fiscal year.

The company also recently declared a nov 18 dividend, which will be paid on Monday, December 10th. Shareholders of record on Friday, November 30th will be paid a $0.18 dividend. The ex-dividend date is Thursday, November 29th. This represents a dividend yield of 12.16%. AGNC Investment’s payout ratio is currently 87.80%.

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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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Institutional Ownership by Quarter for AGNC Investment (NASDAQ:AGNC)

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