AGNC Investment Corp. $AGNC Position Lifted by International Assets Investment Management LLC

International Assets Investment Management LLC grew its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 10.9% in the 1st quarter, Holdings Channel.com reports. The fund owned 539,565 shares of the real estate investment trust’s stock after purchasing an additional 53,003 shares during the quarter. International Assets Investment Management LLC’s holdings in AGNC Investment were worth $5,406,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of AGNC. Vanguard Group Inc. raised its stake in AGNC Investment by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 97,745,127 shares of the real estate investment trust’s stock valued at $1,047,828,000 after buying an additional 1,304,782 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of AGNC Investment by 29.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,429,581 shares of the real estate investment trust’s stock valued at $14,000,000 after acquiring an additional 325,104 shares during the last quarter. Trivium Point Advisory LLC increased its holdings in shares of AGNC Investment by 18.9% in the 4th quarter. Trivium Point Advisory LLC now owns 1,355,114 shares of the real estate investment trust’s stock valued at $14,527,000 after acquiring an additional 215,586 shares during the last quarter. Y Intercept Hong Kong Ltd raised its position in shares of AGNC Investment by 187.2% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 786,411 shares of the real estate investment trust’s stock valued at $8,430,000 after acquiring an additional 512,574 shares in the last quarter. Finally, Fieldview Capital Management LLC acquired a new stake in shares of AGNC Investment during the 4th quarter valued at approximately $1,829,000. Institutional investors own 38.28% of the company’s stock.

AGNC Investment Stock Performance

Shares of NASDAQ:AGNC traded up $0.06 on Friday, hitting $11.13. The company’s stock had a trading volume of 12,142,136 shares, compared to its average volume of 14,685,414. The company has a market capitalization of $12.78 billion, a price-to-earnings ratio of 9.20 and a beta of 1.31. The stock’s 50-day moving average is $10.55 and its two-hundred day moving average is $10.81. AGNC Investment Corp. has a 12 month low of $9.11 and a 12 month high of $12.19.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings results on Monday, April 20th. The real estate investment trust reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. AGNC Investment had a net margin of 39.50% and a return on equity of 18.31%. The company had revenue of ($114.00) million for the quarter, compared to the consensus estimate of $411.57 million. Equities analysts expect that AGNC Investment Corp. will post 1.56 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, August 11th. Investors of record on Friday, July 31st will be issued a dividend of $0.12 per share. This represents a c) dividend on an annualized basis and a yield of 12.9%. The ex-dividend date of this dividend is Friday, July 31st. AGNC Investment’s payout ratio is presently 119.01%.

Wall Street Analyst Weigh In

AGNC has been the subject of a number of research reports. UBS Group lifted their price objective on shares of AGNC Investment from $10.50 to $11.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Royal Bank Of Canada restated an “outperform” rating and issued a $12.00 price target on shares of AGNC Investment in a research report on Friday, April 24th. Wall Street Zen raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Piper Sandler boosted their price objective on shares of AGNC Investment from $11.50 to $12.00 and gave the company an “overweight” rating in a research report on Thursday, July 2nd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $11.25.

Insider Activity at AGNC Investment

In related news, Director Donna Blank sold 22,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $10.78, for a total value of $237,160.00. Following the sale, the director directly owned 96,471 shares in the company, valued at $1,039,957.38. The trade was a 18.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Peter J. Federico sold 64,412 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $11.08, for a total value of $713,684.96. Following the completion of the transaction, the chief executive officer directly owned 1,927,083 shares in the company, valued at $21,352,079.64. This represents a 3.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 215,234 shares of company stock worth $2,364,022 in the last ninety days. Corporate insiders own 0.40% of the company’s stock.

About AGNC Investment

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.