AGNC Investment Corp. (NASDAQ:AGNC) Shares Bought by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC grew its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 12.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,469 shares of the real estate investment trust’s stock after purchasing an additional 1,691 shares during the quarter. Jaffetilchin Investment Partners LLC’s holdings in AGNC Investment were worth $148,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AGNC. MeadowBrook Investment Advisors LLC acquired a new position in shares of AGNC Investment during the 4th quarter valued at about $30,000. LRI Investments LLC acquired a new position in shares of AGNC Investment during the 1st quarter valued at about $38,000. Verity & Verity LLC acquired a new position in shares of AGNC Investment during the 1st quarter valued at about $45,000. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of AGNC Investment during the 1st quarter valued at about $53,000. Finally, Montag A & Associates Inc. acquired a new position in shares of AGNC Investment during the 4th quarter valued at about $55,000. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Trading Up 0.5 %

NASDAQ:AGNC traded up $0.05 on Friday, reaching $10.21. 14,305,157 shares of the company’s stock were exchanged, compared to its average volume of 12,525,202. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $7.42 billion, a price-to-earnings ratio of 11.22 and a beta of 1.48. The business has a fifty day moving average of $10.03 and a 200-day moving average of $9.74. AGNC Investment Corp. has a 52-week low of $6.81 and a 52-week high of $10.57.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Monday, July 22nd. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.01). AGNC Investment had a return on equity of 26.78% and a net margin of 16.15%. The business had revenue of $695.00 million for the quarter, compared to analysts’ expectations of $643.29 million. During the same quarter last year, the company earned $0.67 earnings per share. The firm’s revenue for the quarter was up 52.1% on a year-over-year basis. As a group, analysts expect that AGNC Investment Corp. will post 2.11 earnings per share for the current year.

AGNC Investment Announces Dividend

The business also recently disclosed a aug 24 dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Friday, August 30th will be given a dividend of $0.12 per share. This represents a dividend yield of 14.5%. The ex-dividend date of this dividend is Friday, August 30th. AGNC Investment’s dividend payout ratio is presently 158.24%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on AGNC. Maxim Group cut shares of AGNC Investment from a “buy” rating to a “hold” rating in a research report on Wednesday, July 24th. Janney Montgomery Scott initiated coverage on shares of AGNC Investment in a report on Thursday, June 6th. They issued a “buy” rating and a $10.50 price objective on the stock. JPMorgan Chase & Co. boosted their price objective on shares of AGNC Investment from $9.50 to $10.00 and gave the company an “overweight” rating in a report on Tuesday, July 16th. Keefe, Bruyette & Woods boosted their price objective on shares of AGNC Investment from $10.00 to $10.25 and gave the company an “outperform” rating in a report on Thursday, July 25th. Finally, StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a report on Saturday. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $10.13.

Insider Transactions at AGNC Investment

In other news, CFO Bernice Bell sold 5,000 shares of the business’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $10.07, for a total transaction of $50,350.00. Following the completion of the transaction, the chief financial officer now directly owns 298,182 shares of the company’s stock, valued at $3,002,692.74. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.52% of the company’s stock.

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).