Xponance Inc. Boosts Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Xponance Inc. boosted its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 5.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,203 shares of the real estate investment trust’s stock after buying an additional 2,012 shares during the quarter. Xponance Inc.’s holdings in AGNC Investment were worth $355,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of AGNC. Bruce G. Allen Investments LLC purchased a new position in AGNC Investment during the fourth quarter worth $37,000. CENTRAL TRUST Co purchased a new position in AGNC Investment during the fourth quarter worth $46,000. Allworth Financial LP boosted its stake in AGNC Investment by 76.5% during the fourth quarter. Allworth Financial LP now owns 4,836 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 2,096 shares during the period. Carmichael Hill & Associates Inc. boosted its stake in AGNC Investment by 66.8% during the third quarter. Carmichael Hill & Associates Inc. now owns 6,066 shares of the real estate investment trust’s stock worth $57,000 after buying an additional 2,429 shares during the period. Finally, Private Trust Co. NA boosted its stake in AGNC Investment by 110.8% during the fourth quarter. Private Trust Co. NA now owns 6,377 shares of the real estate investment trust’s stock worth $63,000 after buying an additional 3,352 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AGNC. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, March 12th. Compass Point began coverage on shares of AGNC Investment in a research note on Tuesday, February 20th. They set a “buy” rating and a $10.25 target price for the company. Jonestrading lowered their target price on shares of AGNC Investment from $10.75 to $10.25 and set a “buy” rating for the company in a research note on Tuesday, April 23rd. Keefe, Bruyette & Woods lowered their target price on shares of AGNC Investment from $10.00 to $9.50 and set an “outperform” rating for the company in a research note on Wednesday. Finally, Royal Bank of Canada lowered their target price on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating for the company in a research note on Thursday, January 25th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, AGNC Investment presently has an average rating of “Moderate Buy” and an average price target of $9.79.

AGNC Investment Stock Up 1.0 %

NASDAQ:AGNC opened at $9.33 on Friday. AGNC Investment Corp. has a 1-year low of $6.81 and a 1-year high of $10.64. The company has a 50-day moving average of $9.55 and a 200 day moving average of $9.26. The firm has a market cap of $6.48 billion, a PE ratio of 10.25 and a beta of 1.45. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. The company had revenue of $642.00 million during the quarter, compared to analyst estimates of $568.38 million. During the same period in the prior year, the firm earned $0.70 earnings per share. As a group, research analysts anticipate that AGNC Investment Corp. will post 2.18 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be issued a $0.12 dividend. The ex-dividend date is Monday, April 29th. This represents a yield of 15.4%. AGNC Investment’s dividend payout ratio is presently 158.24%.

Insiders Place Their Bets

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $9.35, for a total value of $46,750.00. Following the completion of the transaction, the director now directly owns 75,545 shares in the company, valued at $706,345.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.52% of the stock is currently owned by corporate insiders.

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).