Significant Wealth Partners LLC Takes $255,000 Position in AGNC Investment Corp. (NASDAQ:AGNC)

Significant Wealth Partners LLC bought a new stake in AGNC Investment Corp. (NASDAQ:AGNC) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 25,978 shares of the real estate investment trust’s stock, valued at approximately $255,000.

Other large investors also recently bought and sold shares of the company. National Bank of Canada FI raised its position in AGNC Investment by 6,569.4% during the third quarter. National Bank of Canada FI now owns 139,390 shares of the real estate investment trust’s stock valued at $1,270,000 after purchasing an additional 137,300 shares during the period. International Assets Investment Management LLC increased its position in shares of AGNC Investment by 17.2% during the 3rd quarter. International Assets Investment Management LLC now owns 69,185 shares of the real estate investment trust’s stock valued at $649,000 after purchasing an additional 10,144 shares during the last quarter. Dynamic Advisor Solutions LLC raised its holdings in AGNC Investment by 15.5% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 14,137 shares of the real estate investment trust’s stock valued at $133,000 after buying an additional 1,901 shares during the period. Wealthcare Advisory Partners LLC lifted its position in AGNC Investment by 15.4% in the third quarter. Wealthcare Advisory Partners LLC now owns 11,583 shares of the real estate investment trust’s stock worth $109,000 after buying an additional 1,547 shares during the last quarter. Finally, HB Wealth Management LLC purchased a new position in AGNC Investment during the third quarter worth $153,000. Institutional investors own 38.28% of the company’s stock.

Insider Activity

In related news, CFO Bernice Bell sold 10,000 shares of AGNC Investment stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $9.85, for a total transaction of $98,500.00. Following the transaction, the chief financial officer now directly owns 287,282 shares of the company’s stock, valued at $2,829,727.70. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.43% of the company’s stock.

Analysts Set New Price Targets

AGNC has been the topic of several recent analyst reports. Barclays increased their target price on shares of AGNC Investment from $8.00 to $9.00 and gave the company an “equal weight” rating in a research note on Monday, January 22nd. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday, April 18th. Compass Point initiated coverage on shares of AGNC Investment in a research note on Tuesday, February 20th. They issued a “buy” rating and a $10.25 price objective for the company. Jonestrading started coverage on AGNC Investment in a research note on Friday, March 22nd. They set a “buy” rating and a $10.75 target price on the stock. Finally, Royal Bank of Canada reduced their price target on AGNC Investment from $11.00 to $10.00 and set an “outperform” rating on the stock in a report on Thursday, January 25th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $9.93.

AGNC Investment Price Performance

AGNC Investment stock opened at $9.20 on Tuesday. AGNC Investment Corp. has a 1 year low of $6.81 and a 1 year high of $10.64. The stock has a market cap of $6.39 billion, a price-to-earnings ratio of 920.92 and a beta of 1.45. The firm has a 50-day moving average of $9.55 and a two-hundred day moving average of $9.26. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.02. The business had revenue of $642.00 million during the quarter, compared to analysts’ expectations of $568.38 million. AGNC Investment had a return on equity of 28.02% and a net margin of 7.59%. During the same period in the prior year, the business earned $0.70 EPS. On average, research analysts forecast that AGNC Investment Corp. will post 2.16 earnings per share for the current year.

AGNC Investment Announces Dividend

The firm also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.12 per share. This represents a yield of 15.4%. The ex-dividend date is Monday, April 29th. AGNC Investment’s dividend payout ratio (DPR) is 14,414.41%.

AGNC Investment 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).