Global Retirement Partners LLC Lowers Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Global Retirement Partners LLC lessened its position in AGNC Investment Corp. (NASDAQ:AGNC) by 65.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 37,426 shares of the real estate investment trust’s stock after selling 69,853 shares during the quarter. Global Retirement Partners LLC’s holdings in AGNC Investment were worth $345,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Vaughan Nelson Investment Management L.P. grew its position in AGNC Investment by 200.5% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock valued at $151,113,000 after acquiring an additional 9,639,675 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of AGNC Investment by 2.0% in the third quarter. Geode Capital Management LLC now owns 12,303,616 shares of the real estate investment trust’s stock valued at $128,730,000 after purchasing an additional 242,640 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in AGNC Investment by 5.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,662,954 shares of the real estate investment trust’s stock worth $80,392,000 after buying an additional 424,990 shares during the period. Equity Investment Corp lifted its holdings in AGNC Investment by 2.1% during the 3rd quarter. Equity Investment Corp now owns 7,274,167 shares of the real estate investment trust’s stock worth $76,088,000 after buying an additional 149,775 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in AGNC Investment by 2.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,768,305 shares of the real estate investment trust’s stock valued at $70,796,000 after buying an additional 162,152 shares during the period. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Stock Performance

Shares of AGNC Investment stock opened at $10.49 on Tuesday. The firm has a market capitalization of $9.29 billion, a P/E ratio of 10.81 and a beta of 1.48. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85. The firm’s 50 day moving average is $9.74 and its two-hundred day moving average is $9.91.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing the consensus estimate 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 forecast that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently announced a feb 25 dividend, which will be paid on Tuesday, March 11th. Investors of record on Friday, February 28th will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a dividend yield of 13.8%. AGNC Investment’s dividend payout ratio (DPR) is presently 148.46%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Royal Bank of Canada restated an “outperform” rating and set a $11.00 price target on shares of AGNC Investment in a report on Thursday, January 30th. Wells Fargo & Company decreased their price objective on 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 cut their target price on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research note on Wednesday, January 29th. Finally, Argus upgraded shares of AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, AGNC Investment currently has an average rating of “Moderate Buy” and an average price target of $10.50.

Insider Activity at AGNC Investment

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