Aubrey Capital Management Ltd Reduces Stock Position in AGNC Investment Corp. $AGNC

Aubrey Capital Management Ltd lessened its position in AGNC Investment Corp. (NASDAQ:AGNC) by 54.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 60,000 shares of the real estate investment trust’s stock after selling 72,000 shares during the period. Aubrey Capital Management Ltd’s holdings in AGNC Investment were worth $602,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of AGNC Investment by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 97,745,127 shares of the real estate investment trust’s stock valued at $1,047,828,000 after purchasing an additional 1,304,782 shares in the last quarter. International Assets Investment Management LLC raised its stake in AGNC Investment by 43.1% in the fourth quarter. International Assets Investment Management LLC now owns 486,562 shares of the real estate investment trust’s stock worth $5,216,000 after buying an additional 146,508 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of AGNC Investment by 29.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,429,581 shares of the real estate investment trust’s stock valued at $14,000,000 after purchasing an additional 325,104 shares during the period. Trivium Point Advisory LLC lifted its position in AGNC Investment by 18.9% during the fourth quarter. Trivium Point Advisory LLC now owns 1,355,114 shares of the real estate investment trust’s stock valued at $14,527,000 after buying an additional 215,586 shares during the period. Finally, Y Intercept Hong Kong Ltd lifted its position in AGNC Investment by 187.2% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 786,411 shares of the real estate investment trust’s stock valued at $8,430,000 after acquiring an additional 512,574 shares during the period. 38.28% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other AGNC Investment news, CEO Peter J. Federico sold 64,412 shares of the stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $11.08, for a total transaction of $713,684.96. Following the completion of the transaction, the chief executive officer owned 1,927,083 shares in the company, valued at $21,352,079.64. This trade represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Donna Blank sold 22,000 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $10.78, for a total transaction of $237,160.00. Following the transaction, the director owned 96,471 shares in the company, valued at $1,039,957.38. This trade represents a 18.57% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 215,234 shares of company stock worth $2,364,022. 0.40% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. UBS Group boosted their price target on AGNC Investment from $10.50 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Piper Sandler raised their price objective on AGNC Investment from $11.50 to $12.00 and gave the company an “overweight” rating in a research report on Thursday, July 2nd. Wall Street Zen upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Royal Bank Of Canada reiterated an “outperform” rating and set a $12.00 price target on shares of AGNC Investment in a report on Friday, April 24th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of AGNC Investment in a research report on Wednesday, June 24th. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $11.25.

AGNC Investment Trading Up 1.7%

NASDAQ:AGNC opened at $11.18 on Wednesday. AGNC Investment Corp. has a 12-month low of $9.11 and a 12-month high of $12.19. The stock has a 50-day moving average price of $10.56 and a 200 day moving average price of $10.81. The stock has a market capitalization of $12.83 billion, a P/E ratio of 9.24 and a beta of 1.31.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings results on Monday, April 20th. The real estate investment trust reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. AGNC Investment had a return on equity of 18.31% and a net margin of 39.50%.The company had revenue of ($114.00) million for the quarter, compared to analysts’ expectations of $411.57 million. On average, research analysts predict that AGNC Investment Corp. will post 1.56 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, August 11th. Investors of record on Friday, July 31st will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 12.9%. AGNC Investment’s dividend payout ratio is presently 119.01%.

AGNC Investment Company 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.