WJ Financial Advisors LLC Purchases New Holdings in AGNC Investment Corp. $AGNC

WJ Financial Advisors LLC bought a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 70,579 shares of the real estate investment trust’s stock, valued at approximately $691,000.

A number of other institutional investors and hedge funds have also modified their holdings of AGNC. Norges Bank bought a new stake in shares of AGNC Investment during the 2nd quarter valued at $109,814,000. Geode Capital Management LLC lifted its stake in AGNC Investment by 10.9% in the second quarter. Geode Capital Management LLC now owns 24,995,789 shares of the real estate investment trust’s stock valued at $229,990,000 after buying an additional 2,461,255 shares during the period. Equity Investment Corp boosted its holdings in AGNC Investment by 27.0% during the second quarter. Equity Investment Corp now owns 9,390,450 shares of the real estate investment trust’s stock worth $86,298,000 after buying an additional 1,995,369 shares during the last quarter. State Street Corp grew its position in shares of AGNC Investment by 12.9% during the 2nd quarter. State Street Corp now owns 16,693,449 shares of the real estate investment trust’s stock worth $155,383,000 after buying an additional 1,906,785 shares during the period. Finally, Quantbot Technologies LP bought a new stake in shares of AGNC Investment in the 2nd quarter valued at about $6,170,000. 38.28% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AGNC. BTIG Research lowered shares of AGNC Investment from a “buy” rating to a “neutral” rating in a report on Tuesday, January 6th. Wall Street Zen cut AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, December 27th. Piper Sandler lifted their price target on shares of AGNC Investment from $11.00 to $11.50 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Royal Bank Of Canada boosted their price objective on shares of AGNC Investment from $11.00 to $13.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Finally, Wells Fargo & Company increased their target price on AGNC Investment from $10.00 to $12.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Four investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $11.03.

AGNC Investment Price Performance

Shares of AGNC Investment stock opened at $11.36 on Friday. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 12-month low of $7.85 and a 12-month high of $12.19. The firm has a market cap of $12.19 billion, a PE ratio of 8.11 and a beta of 1.37. The company’s fifty day simple moving average is $11.16 and its two-hundred day simple moving average is $10.40.

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

AGNC Investment Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Friday, February 27th will be paid a $0.12 dividend. The ex-dividend date is Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 12.7%. AGNC Investment’s payout ratio is currently 102.86%.

Insiders Place Their Bets

In other AGNC Investment news, EVP Bernice Bell sold 25,000 shares of the stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $12.14, for a total value of $303,500.00. Following the transaction, the executive vice president owned 491,728 shares of the company’s stock, valued at approximately $5,969,577.92. This represents a 4.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gary D. Kain sold 700,000 shares of the firm’s stock in a transaction that occurred 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 approximately $26,072,073.81. The trade was a 24.23% decrease in their position. The SEC filing for this sale provides additional information. In 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 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.