Madison Wealth Partners Inc Acquires Shares of 57,782 AGNC Investment Corp. $AGNC

Madison Wealth Partners Inc acquired a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) in the second quarter, HoldingsChannel reports. The firm acquired 57,782 shares of the real estate investment trust’s stock, valued at approximately $630,000.

Several other large investors have also recently made changes to their positions in the company. Danske Bank A S purchased a new stake in shares of AGNC Investment in the second quarter worth about $26,000. Avion Wealth grew its holdings in AGNC Investment by 286.3% during the 1st quarter. Avion Wealth now owns 2,727 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 2,021 shares in the last quarter. N.E.W. Advisory Services LLC bought a new stake in AGNC Investment in the 2nd quarter worth approximately $28,000. National Bank of Canada FI increased its stake in AGNC Investment by 100.9% in the 3rd quarter. National Bank of Canada FI now owns 3,365 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 1,690 shares during the last quarter. Finally, WealthCollab LLC purchased a new stake in shares of AGNC Investment during the 3rd quarter worth approximately $33,000. 38.28% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Piper Sandler increased their target price 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 report on Saturday, April 25th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $11.50 price target (up from $11.00) on shares of AGNC Investment in a research note on Friday, July 17th. Compass Point lowered shares of AGNC Investment from a “buy” rating to a “neutral” rating and set a $11.50 price objective for the company. in a research report on Friday, July 17th. Finally, Wells Fargo & Company lowered their price objective on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $11.11.

AGNC Investment Price Performance

Shares of NASDAQ AGNC opened at $10.89 on Friday. AGNC Investment Corp. has a 1-year low of $9.62 and a 1-year high of $12.19. The business’s 50 day moving average is $10.83 and its two-hundred day moving average is $10.71. The stock has a market capitalization of $12.91 billion, a P/E ratio of 5.73 and a beta of 1.32.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Monday, July 20th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.02. The business had revenue of $305.00 million during the quarter, compared to analyst estimates of $1.06 billion. AGNC Investment had a return on equity of 17.96% and a net margin of 57.94%.During the same period last year, the company earned ($0.17) EPS. As a group, equities research analysts anticipate that AGNC Investment Corp. will post 1.6 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 31st will be given a $0.12 dividend. The ex-dividend date is Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 13.2%. AGNC Investment’s dividend payout ratio (DPR) is currently 75.79%.

Insider Transactions at AGNC Investment

In other AGNC Investment news, EVP Bernice Bell sold 5,000 shares of AGNC Investment stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $11.00, for a total transaction of $55,000.00. Following the completion of the transaction, the executive vice president directly owned 406,947 shares of the company’s stock, valued at $4,476,417. The trade was a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

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.