10,500 Shares in AGNC Investment Corp. (NASDAQ:AGNC) Purchased by one8zero8 LLC

one8zero8 LLC purchased a new position in AGNC Investment Corp. (NASDAQ:AGNC) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 10,500 shares of the real estate investment trust’s stock, valued at approximately $97,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AGNC. Financial Life Planners purchased a new position in AGNC Investment in the fourth quarter worth about $28,000. Point72 Asset Management L.P. purchased a new position in AGNC Investment in the third quarter worth about $32,000. Spire Wealth Management boosted its position in shares of 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 valued at $37,000 after buying an additional 1,972 shares during the period. Strategic Financial Concepts LLC boosted its position in shares of 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 valued at $54,000 after buying an additional 515,148 shares during the period. Finally, Huntington National Bank boosted its position in shares of AGNC Investment by 105.7% during the third quarter. Huntington National Bank now owns 6,705 shares of the real estate investment trust’s stock valued at $70,000 after buying an additional 3,445 shares during the period. Hedge funds and other institutional investors own 38.28% of the company’s stock.

AGNC Investment Stock Performance

Shares of NASDAQ:AGNC opened at $10.35 on Tuesday. The company has a market capitalization of $9.48 billion, a price-to-earnings ratio of 10.67 and a beta of 1.50. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85. 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 firm has a 50 day moving average of $10.01 and a 200 day moving average of $9.92.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 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%. On average, sell-side analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently declared a mar 25 dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st will be issued a $0.12 dividend. This represents a yield of 14.1%. The ex-dividend date is Monday, March 31st. AGNC Investment’s dividend payout ratio is currently 148.45%.

Insiders Place Their Bets

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 of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the completion of the transaction, the chief financial officer now directly owns 372,226 shares in the company, valued at $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.

Analysts Set New Price Targets

AGNC has been the subject of several recent analyst reports. Royal Bank of Canada restated an “outperform” rating and set a $11.00 target price on shares of AGNC Investment in a research report on Thursday, January 30th. Keefe, Bruyette & Woods decreased their price target on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a research note on Wednesday, January 29th. Wells Fargo & Company decreased 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. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. Finally, Argus raised shares of AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $10.50.

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).