AGNC Investment Corp. $AGNC Shares Purchased by Cwm LLC

Cwm LLC increased its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 124.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 133,300 shares of the real estate investment trust’s stock after buying an additional 73,909 shares during the quarter. Cwm LLC’s holdings in AGNC Investment were worth $1,305,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AGNC. Kingstone Capital Partners Texas LLC boosted its holdings in shares of AGNC Investment by 241,567.4% in the second quarter. Kingstone Capital Partners Texas LLC now owns 46,388,062 shares of the real estate investment trust’s stock valued at $446,651,000 after acquiring an additional 46,368,867 shares during the period. Norges Bank purchased a new stake in AGNC Investment in the 2nd quarter valued at $109,814,000. Geode Capital Management LLC boosted its stake in AGNC Investment by 10.9% during the 2nd quarter. Geode Capital Management LLC now owns 24,995,789 shares of the real estate investment trust’s stock worth $229,990,000 after purchasing an additional 2,461,255 shares during the period. Equity Investment Corp grew its position in AGNC Investment by 27.0% during the 2nd quarter. Equity Investment Corp now owns 9,390,450 shares of the real estate investment trust’s stock worth $86,298,000 after purchasing an additional 1,995,369 shares during the last quarter. Finally, State Street Corp grew its position in AGNC Investment by 12.9% during the 2nd quarter. State Street Corp now owns 16,693,449 shares of the real estate investment trust’s stock worth $155,383,000 after purchasing an additional 1,906,785 shares during the last quarter. Hedge funds and other institutional investors own 38.28% of the company’s stock.

Wall Street Analyst Weigh In

AGNC has been the subject of several recent research reports. Wall Street Zen downgraded shares of AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, December 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of AGNC Investment in a research note on Monday, December 29th. Royal Bank Of Canada lifted their target price on AGNC Investment from $10.00 to $11.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Piper Sandler boosted their target price on AGNC Investment from $10.50 to $11.00 and gave the company an “overweight” rating in a report on Monday, December 22nd. Finally, Keefe, Bruyette & Woods increased their price target on AGNC Investment from $10.50 to $11.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. Six equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $10.39.

AGNC Investment Price Performance

AGNC Investment stock opened at $11.07 on Tuesday. AGNC Investment Corp. has a one year low of $7.85 and a one year high of $11.12. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.31 and a current ratio of 0.31. The business has a fifty day moving average of $10.42 and a two-hundred day moving average of $9.97. The company has a market cap of $11.88 billion, a P/E ratio of 16.52 and a beta of 1.36.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings results on Monday, October 20th. The real estate investment trust reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03). The company had revenue of $836.00 million for the quarter, compared to analyst estimates of $466.39 million. AGNC Investment had a return on equity of 18.84% and a net margin of 24.40%.During the same period last year, the company earned $0.43 earnings per share. As a group, analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, January 12th. Shareholders of record on Wednesday, December 31st will be given a dividend of $0.12 per share. This represents a c) annualized dividend and a yield of 13.0%. The ex-dividend date is Wednesday, December 31st. AGNC Investment’s dividend payout ratio is presently 214.93%.

Insiders Place Their Bets

In other AGNC Investment news, CEO Peter J. Federico sold 45,798 shares of the stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $10.27, for a total value of $470,345.46. Following the completion of the transaction, the chief executive officer directly owned 1,557,401 shares of the company’s stock, valued at approximately $15,994,508.27. This trade represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.42% of the company’s stock.

AGNC Investment Profile

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.