California Public Employees Retirement System Purchases 50,194 Shares of AGNC Investment Corp. $AGNC

California Public Employees Retirement System boosted its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 3.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,535,758 shares of the real estate investment trust’s stock after acquiring an additional 50,194 shares during the quarter. California Public Employees Retirement System’s holdings in AGNC Investment were worth $15,404,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Advisortrust Partners LLC raised its stake in shares of AGNC Investment by 9.6% in the first quarter. Advisortrust Partners LLC now owns 33,571 shares of the real estate investment trust’s stock worth $337,000 after buying an additional 2,938 shares during the period. Independent Financial Group LLC purchased a new position in shares of AGNC Investment in the first quarter worth $4,033,000. D.A. Davidson & CO. lifted its stake in AGNC Investment by 17.5% in the 1st quarter. D.A. Davidson & CO. now owns 38,937 shares of the real estate investment trust’s stock worth $391,000 after purchasing an additional 5,786 shares in the last quarter. Navigation Group LLC purchased a new stake in shares of AGNC Investment in the first quarter worth about $189,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of AGNC Investment by 3.5% during the 1st quarter. Bank of New York Mellon Corp now owns 3,558,166 shares of the real estate investment trust’s stock worth $35,688,000 after acquiring an additional 121,570 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors.

Key AGNC Investment News

Here are the key news stories impacting AGNC Investment this week:

• Positive Sentiment: AGNC reported quarterly earnings that beat estimates and management said Agency MBS supply-demand trends are improving, with stronger book value and more higher-coupon investment opportunities despite rate volatility. AGNC Investment Q2 Earnings Call Highlights Agency MBS Outlook
• Positive Sentiment: The company marked its 75th straight monthly dividend, reinforcing AGNC’s appeal as a high-yield income stock for investors focused on steady payouts. AGNC Investment Just Notched Its 75th Straight Monthly Dividend and Currently Yields 13%+. Here’s What Q2 Earnings Revealed.
• Positive Sentiment: Wells Fargo kept an overweight rating on AGNC even though it cut its price target to $11, suggesting the stock may still have upside from current levels. Benzinga analyst note
• Neutral Sentiment: Several dividend-focused articles highlighted AGNC as a monthly payer, but these were mostly list-style mentions and did not include new company-specific developments. The Super-High-Yield Retirement Stocks That Turn a Nest Egg Into a Monthly Paycheck
• Neutral Sentiment: AGNC was also included in dividend-calendar and retirement-income roundups, which may support investor interest but are unlikely to move the stock on their own. With a 13% Yield but an Uncertain Interest Rate Environment, Is AGNC Stock a Buy?
• Negative Sentiment: Analysts at Wells Fargo and KBW both lowered their price targets to $11 from $12, reflecting more caution around the stock’s near-term valuation and the mortgage REIT environment. Benzinga analyst notes
• Negative Sentiment: The main headwind remains the uncertain interest-rate environment, which can pressure mortgage REIT earnings, book value, and investor sentiment. With a 13% Yield but an Uncertain Interest Rate Environment, Is AGNC Stock a Buy?

Insider Activity at AGNC Investment

In other news, Director Donna Blank sold 22,000 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $10.78, for a total transaction of $237,160.00. Following the sale, the director directly owned 96,471 shares in the company, valued at $1,039,957.38. This trade represents a 18.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Peter J. Federico sold 64,412 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $11.08, for a total value of $713,684.96. Following the completion of the sale, the chief executive officer directly owned 1,927,083 shares in the company, valued at approximately $21,352,079.64. The trade was a 3.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 150,823 shares of company stock worth $1,661,298. Insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on AGNC shares. Wall Street Zen raised AGNC Investment from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Piper Sandler boosted their price objective on shares of AGNC Investment from $11.50 to $12.00 and gave the company an “overweight” rating in a research report on Thursday, July 2nd. JPMorgan Chase & Co. reissued a “neutral” rating and set a $11.50 price target (up from $11.00) on shares of AGNC Investment in a research report on Friday, July 17th. Keefe, Bruyette & Woods cut their price objective on shares of AGNC Investment from $12.00 to $11.00 and set a “market perform” rating on the stock in a report on Wednesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of AGNC Investment in a research note on Wednesday, June 24th. Three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $11.11.

AGNC Investment Price Performance

NASDAQ AGNC opened at $10.56 on Friday. AGNC Investment Corp. has a 1 year low of $9.31 and a 1 year high of $12.19. The company has a market cap of $12.12 billion, a price-to-earnings ratio of 5.56 and a beta of 1.31. The stock’s fifty day moving average price is $10.60 and its 200 day moving average price is $10.82.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Monday, July 20th. The real estate investment trust reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.02. AGNC Investment had a return on equity of 18.20% and a net margin of 57.94%.The firm had revenue of $305.00 million during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the company posted ($0.17) earnings per share. Research analysts expect that AGNC Investment Corp. will post 1.58 earnings per share for the current year.

AGNC Investment Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, August 11th. Stockholders of record on Friday, July 31st will be issued a $0.12 dividend. This represents a c) annualized dividend and a dividend yield of 13.6%. The ex-dividend date of this dividend is Friday, July 31st. AGNC Investment’s payout ratio is 75.79%.

About AGNC Investment

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.