Thompson Siegel & Walmsley LLC raised its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 4.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,310,629 shares of the real estate investment trust’s stock after purchasing an additional 53,439 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 0.33% of AGNC Investment worth $28,414,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in AGNC. Capstone Asset Management Co. purchased a new position in AGNC Investment in the second quarter valued at about $219,000. Crossmark Global Holdings Inc. purchased a new position in AGNC Investment in the third quarter valued at about $223,000. Summit Securities Group LLC raised its position in AGNC Investment by 25.2% in the third quarter. Summit Securities Group LLC now owns 13,400 shares of the real estate investment trust’s stock valued at $291,000 after purchasing an additional 2,700 shares during the period. Brookstone Capital Management raised its position in AGNC Investment by 19.2% in the third quarter. Brookstone Capital Management now owns 15,599 shares of the real estate investment trust’s stock valued at $338,000 after purchasing an additional 2,517 shares during the period. Finally, Toronto Dominion Bank raised its position in AGNC Investment by 274.7% in the third quarter. Toronto Dominion Bank now owns 16,371 shares of the real estate investment trust’s stock valued at $355,000 after purchasing an additional 12,002 shares during the period. 65.74% of the stock is currently owned by institutional investors.
AGNC has been the topic of several research reports. Maxim Group reissued a “buy” rating and issued a $21.25 price objective on shares of AGNC Investment in a research report on Friday, October 27th. Zacks Investment Research lowered AGNC Investment from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. BidaskClub raised AGNC Investment from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, Wells Fargo & Company restated a “market perform” rating and set a $19.00 target price on shares of AGNC Investment in a research note on Friday, December 1st. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $20.18.
Shares of AGNC Investment Corp. (NASDAQ AGNC) traded up $0.14 during trading on Thursday, hitting $20.40. The stock had a trading volume of 3,126,999 shares, compared to its average volume of 4,033,049. The firm has a market capitalization of $7,970.00, a P/E ratio of 8.02 and a beta of 0.14. AGNC Investment Corp. has a 12 month low of $17.30 and a 12 month high of $22.34. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.05.
AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.62 EPS for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.01. The business had revenue of $178.00 million during the quarter, compared to the consensus estimate of $177.50 million. AGNC Investment had a return on equity of 12.00% and a net margin of 145.02%. During the same period last year, the firm earned $0.67 earnings per share. sell-side analysts expect that AGNC Investment Corp. will post 2.55 earnings per share for the current year.
The company also recently declared a nov 17 dividend, which will be paid on Friday, December 8th. Investors of record on Thursday, November 30th will be paid a $0.18 dividend. The ex-dividend date is Wednesday, November 29th. This represents a yield of 11%. AGNC Investment’s dividend payout ratio (DPR) is 53.33%.
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AGNC Investment Company 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).
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