Camelot Portfolios LLC Has $119,000 Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Camelot Portfolios LLC trimmed its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 39.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,972 shares of the real estate investment trust’s stock after selling 7,890 shares during the quarter. Camelot Portfolios LLC’s holdings in AGNC Investment were worth $119,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in AGNC. Rogco LP acquired a new stake in shares of AGNC Investment in the 1st quarter worth about $148,000. Cozad Asset Management Inc. raised its stake in shares of AGNC Investment by 6.0% in the first quarter. Cozad Asset Management Inc. now owns 141,778 shares of the real estate investment trust’s stock worth $1,404,000 after purchasing an additional 8,027 shares during the last quarter. Avantax Advisory Services Inc. boosted its position in shares of AGNC Investment by 6.7% during the first quarter. Avantax Advisory Services Inc. now owns 16,847 shares of the real estate investment trust’s stock valued at $167,000 after buying an additional 1,059 shares during the last quarter. US Bancorp DE raised its position in AGNC Investment by 26.3% in the 1st quarter. US Bancorp DE now owns 62,676 shares of the real estate investment trust’s stock valued at $620,000 after buying an additional 13,041 shares during the last quarter. Finally, Atomi Financial Group Inc. lifted its stake in AGNC Investment by 17.0% during the 1st quarter. Atomi Financial Group Inc. now owns 25,257 shares of the real estate investment trust’s stock valued at $250,000 after acquiring an additional 3,663 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on AGNC. JPMorgan Chase & Co. lifted their target price on AGNC Investment from $9.50 to $10.00 and gave the stock an “overweight” rating in a research note on Tuesday. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a report on Thursday, April 18th. Jonestrading cut their price target on AGNC Investment from $10.75 to $10.25 and set a “buy” rating for the company in a research note on Tuesday, April 23rd. Janney Montgomery Scott started coverage on AGNC Investment in a research note on Thursday, June 6th. They set a “buy” rating and a $10.50 price objective for the company. Finally, Keefe, Bruyette & Woods upped their target price on AGNC Investment from $9.50 to $10.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 10th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $9.88.

AGNC Investment Trading Down 0.4 %

Shares of AGNC traded down $0.04 during mid-day trading on Thursday, hitting $10.34. 6,753,739 shares of the company’s stock traded hands, compared to its average volume of 11,825,366. The firm has a market capitalization of $7.52 billion, a P/E ratio of 11.41 and a beta of 1.48. The business’s 50-day moving average price is $9.78 and its 200-day moving average price is $9.65. AGNC Investment Corp. has a 1 year low of $6.81 and a 1 year high of $10.64. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 EPS for the quarter, topping the consensus estimate of $0.56 by $0.02. AGNC Investment had a net margin of 32.12% and a return on equity of 27.14%. The firm had revenue of $642.00 million during the quarter, compared to analysts’ expectations of $568.38 million. During the same period last year, the company posted $0.70 EPS. As a group, sell-side analysts forecast that AGNC Investment Corp. will post 2.14 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently announced a jul 24 dividend, which will be paid on Friday, August 9th. Shareholders of record on Wednesday, July 31st will be paid a dividend of $0.12 per share. This represents a dividend yield of 13.8%. The ex-dividend date of this dividend is Wednesday, July 31st. AGNC Investment’s dividend payout ratio is 158.24%.

Insider Buying and Selling

In other news, Director Paul E. Mullings sold 5,400 shares of the stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $9.40, for a total value of $50,760.00. Following the sale, the director now directly owns 111,827 shares of the company’s stock, valued at $1,051,173.80. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, Director Paul E. Mullings sold 5,400 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $9.40, for a total value of $50,760.00. Following the transaction, the director now directly owns 111,827 shares of the company’s stock, valued at approximately $1,051,173.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Bernice Bell sold 3,500 shares of the business’s stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $9.32, for a total value of $32,620.00. Following the completion of the transaction, the chief financial officer now owns 309,973 shares of the company’s stock, valued at approximately $2,888,948.36. The disclosure for this sale can be found here. Insiders have sold 15,900 shares of company stock worth $149,030 in the last 90 days. Insiders own 0.52% of the company’s stock.

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).