Foster Victor Wealth Advisors LLC Has $409,000 Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Foster Victor Wealth Advisors LLC decreased its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 11.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 39,701 shares of the real estate investment trust’s stock after selling 4,913 shares during the quarter. Foster Victor Wealth Advisors LLC’s holdings in AGNC Investment were worth $409,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in AGNC Investment by 10.5% in the fourth quarter. Vanguard Group Inc. now owns 63,366,808 shares of the real estate investment trust’s stock worth $621,628,000 after acquiring an additional 6,019,268 shares in the last quarter. ORG Wealth Partners LLC bought a new stake in shares of AGNC Investment during the third quarter valued at approximately $17,463,000. Boston Partners raised its position in shares of AGNC Investment by 522.4% during the first quarter. Boston Partners now owns 1,437,698 shares of the real estate investment trust’s stock worth $14,229,000 after purchasing an additional 1,206,714 shares during the period. Equity Investment Corp lifted its holdings in shares of AGNC Investment by 16.2% in the 1st quarter. Equity Investment Corp now owns 6,870,571 shares of the real estate investment trust’s stock worth $68,019,000 after purchasing an additional 957,139 shares in the last quarter. Finally, 1832 Asset Management L.P. acquired a new stake in AGNC Investment in the 1st quarter valued at $7,920,000. Institutional investors own 38.28% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on AGNC. Maxim Group downgraded shares of AGNC Investment from a “buy” rating to a “hold” rating in a report on Wednesday, July 24th. Keefe, Bruyette & Woods upped their target price on shares of AGNC Investment from $10.00 to $10.25 and gave the stock an “outperform” rating in a report on Thursday, July 25th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research note on Wednesday, August 28th. Royal Bank of Canada increased their price objective on AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Friday, August 16th. Finally, Compass Point raised their target price on AGNC Investment from $10.25 to $11.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $10.33.

AGNC Investment Stock Up 0.4 %

AGNC stock opened at $10.49 on Thursday. The stock has a market cap of $7.63 billion, a P/E ratio of 11.53 and a beta of 1.47. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.01. The stock’s fifty day simple moving average is $10.28 and its two-hundred day simple moving average is $9.91. AGNC Investment Corp. has a 1-year low of $6.81 and a 1-year high of $10.85.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings results on Monday, July 22nd. The real estate investment trust reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.01). The company had revenue of $695.00 million for the quarter, compared to the consensus estimate of $643.29 million. AGNC Investment had a net margin of 16.15% and a return on equity of 26.21%. AGNC Investment’s quarterly revenue was up 52.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS. Analysts expect that AGNC Investment Corp. will post 2.11 EPS for the current year.

AGNC Investment Dividend Announcement

The company also recently disclosed a oct 24 dividend, which will be paid on Tuesday, November 12th. Investors of record on Thursday, October 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a yield of 14%. AGNC Investment’s payout ratio is 158.24%.

Insider Buying and Selling at AGNC Investment

In other news, CFO Bernice Bell sold 5,000 shares of the company’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $10.07, for a total transaction of $50,350.00. Following the transaction, the chief financial officer now owns 298,182 shares of the company’s stock, valued at $3,002,692.74. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.52% of the stock is owned by corporate insiders.

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).