Vision Financial Markets LLC Raises Stake in AGNC Investment Corp. $AGNC

Vision Financial Markets LLC increased its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 251.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 100,600 shares of the real estate investment trust’s stock after buying an additional 72,000 shares during the period. AGNC Investment comprises about 0.8% of Vision Financial Markets LLC’s holdings, making the stock its 23rd biggest position. Vision Financial Markets LLC’s holdings in AGNC Investment were worth $985,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Prospera Financial Services Inc increased its stake in shares of AGNC Investment by 23.2% during the 3rd quarter. Prospera Financial Services Inc now owns 66,470 shares of the real estate investment trust’s stock worth $651,000 after purchasing an additional 12,522 shares during the last quarter. New York Life Investment Management LLC increased its position in AGNC Investment by 8.1% in the third quarter. New York Life Investment Management LLC now owns 103,462 shares of the real estate investment trust’s stock worth $1,013,000 after buying an additional 7,734 shares during the last quarter. Waterfront Wealth Inc. lifted its position in shares of AGNC Investment by 38.6% during the 3rd quarter. Waterfront Wealth Inc. now owns 176,607 shares of the real estate investment trust’s stock valued at $1,796,000 after buying an additional 49,219 shares during the last quarter. Slagle Financial LLC grew its stake in shares of AGNC Investment by 5.4% during the 3rd quarter. Slagle Financial LLC now owns 334,969 shares of the real estate investment trust’s stock worth $3,279,000 after acquiring an additional 17,252 shares during the period. Finally, Signature Estate & Investment Advisors LLC increased its holdings in AGNC Investment by 14.8% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 14,929 shares of the real estate investment trust’s stock worth $146,000 after acquiring an additional 1,927 shares during the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Barclays upped their price objective on shares of AGNC Investment from $9.00 to $10.00 and gave the company an “equal weight” rating in a report on Tuesday, January 6th. Wells Fargo & Company raised their price objective on shares of AGNC Investment from $10.00 to $12.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. BTIG Research lowered shares of AGNC Investment from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 6th. Wall Street Zen downgraded AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, December 27th. Finally, Royal Bank Of Canada raised their price target on AGNC Investment from $11.00 to $13.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Four research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, AGNC Investment presently has an average rating of “Hold” and an average target price of $11.03.

AGNC Investment Stock Performance

NASDAQ AGNC opened at $11.22 on Wednesday. The company’s 50 day simple moving average is $11.11 and its two-hundred day simple moving average is $10.38. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.31 and a quick ratio of 0.31. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $12.19. The stock has a market capitalization of $12.04 billion, a PE ratio of 8.01 and a beta of 1.37.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings results on Monday, January 26th. The real estate investment trust reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.02). The firm had revenue of $995.00 million for the quarter, compared to analysts’ expectations of $354.75 million. AGNC Investment had a net margin of 47.40% and a return on equity of 19.13%. Analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Friday, January 30th were given a dividend of $0.12 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.8%. The ex-dividend date was Friday, January 30th. AGNC Investment’s dividend payout ratio (DPR) is 102.86%.

Insider Transactions at AGNC Investment

In other AGNC Investment news, EVP Kenneth L. Pollack sold 50,000 shares of AGNC Investment stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $12.11, for a total transaction of $605,500.00. Following the completion of the sale, the executive vice president directly owned 552,297 shares in the company, valued at $6,688,316.67. The trade was a 8.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Gary D. Kain sold 700,000 shares of the stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $11.91, for a total transaction of $8,337,000.00. Following the completion of the transaction, the director directly owned 2,189,091 shares in the company, valued at $26,072,073.81. The trade was a 24.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 775,000 shares of company stock valued at $9,246,000. 0.42% of the stock is owned by corporate insiders.

AGNC Investment Profile

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.