J.W. Cole Advisors Inc. Increases Stake in AGNC Investment Corp. (NASDAQ:AGNC)

J.W. Cole Advisors Inc. raised its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 59.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 171,848 shares of the real estate investment trust’s stock after buying an additional 64,099 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in AGNC Investment were worth $1,583,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Financial Life Planners purchased a new stake in AGNC Investment during the 4th quarter valued at about $28,000. Point72 Asset Management L.P. purchased a new stake in shares of AGNC Investment in the third quarter valued at approximately $32,000. Blue Trust Inc. increased its holdings in shares of AGNC Investment by 315.9% in the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 2,966 shares during the last quarter. Spire Wealth Management lifted its position in AGNC Investment by 94.5% during the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 1,972 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its stake in AGNC Investment by 775.6% during the fourth quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 515,148 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at AGNC Investment

In other news, Director Frances Spark sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total transaction of $50,500.00. Following the transaction, the director now directly owns 75,919 shares in the company, valued at approximately $766,781.90. This trade represents a 6.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Bernice Bell sold 13,000 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the sale, the chief financial officer now directly owns 372,226 shares of the company’s stock, valued at approximately $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.52% of the company’s stock.

AGNC Investment Stock Up 1.1 %

NASDAQ:AGNC opened at $10.43 on Tuesday. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $9.24 billion, a price-to-earnings ratio of 10.75 and a beta of 1.48. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85. The stock’s fifty day moving average is $9.65 and its two-hundred day moving average is $9.89.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. Research analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

The business also recently disclosed a feb 25 dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th will be paid a $0.12 dividend. This represents a dividend yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment’s payout ratio is presently 148.46%.

Analyst Ratings Changes

AGNC has been the subject of a number of recent research reports. Argus raised AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Wells Fargo & Company dropped their price target on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Keefe, Bruyette & Woods reduced their price target on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. lowered their price objective on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research report on Monday, December 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $10.50.

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).