IFM Investors Pty Ltd Acquires Shares of 10,300 American Capital Agency Corp. (NASDAQ:AGNC)

IFM Investors Pty Ltd purchased a new position in shares of American Capital Agency Corp. (NASDAQ:AGNC) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,300 shares of the real estate investment trust’s stock, valued at approximately $219,000.

Several other hedge funds also recently bought and sold shares of AGNC. BlackRock Inc. grew its stake in American Capital Agency Corp. by 5,634.5% during the 1st quarter. BlackRock Inc. now owns 30,839,279 shares of the real estate investment trust’s stock valued at $613,395,000 after purchasing an additional 30,301,498 shares in the last quarter. Acadian Asset Management LLC grew its stake in American Capital Agency Corp. by 35.0% during the 2nd quarter. Acadian Asset Management LLC now owns 5,610,700 shares of the real estate investment trust’s stock valued at $119,451,000 after purchasing an additional 1,453,704 shares in the last quarter. Vanguard Group Inc. grew its stake in American Capital Agency Corp. by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 26,795,085 shares of the real estate investment trust’s stock valued at $532,955,000 after purchasing an additional 1,177,783 shares in the last quarter. First Trust Advisors LP acquired a new stake in American Capital Agency Corp. during the 1st quarter valued at approximately $13,680,000. Finally, UBS Asset Management Americas Inc. grew its stake in American Capital Agency Corp. by 21.9% during the 1st quarter. UBS Asset Management Americas Inc. now owns 2,532,288 shares of the real estate investment trust’s stock valued at $50,367,000 after purchasing an additional 455,113 shares in the last quarter. Institutional investors and hedge funds own 60.77% of the company’s stock.

American Capital Agency Corp. (NASDAQ AGNC) traded up 0.43% during trading on Friday, hitting $21.09. The stock had a trading volume of 605,393 shares. The company has a market capitalization of $7.50 billion, a price-to-earnings ratio of 4.41 and a beta of 0.20. American Capital Agency Corp. has a 12-month low of $17.30 and a 12-month high of $22.34. The stock has a 50 day moving average price of $21.32 and a 200 day moving average price of $20.77.

American Capital Agency Corp. (NASDAQ:AGNC) last announced its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.67 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.07. The business had revenue of $181.00 million during the quarter, compared to analysts’ expectations of $203.44 million. American Capital Agency Corp. had a net margin of 161.49% and a return on equity of 12.08%. The firm’s revenue for the quarter was down 16.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.73 EPS. Equities research analysts forecast that American Capital Agency Corp. will post $2.53 earnings per share for the current year.

The company also recently declared a sep 17 dividend, which will be paid on Tuesday, October 10th. Shareholders of record on Friday, September 29th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Thursday, September 28th. American Capital Agency Corp.’s payout ratio is currently 44.63%.

Several analysts have weighed in on AGNC shares. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $19.00 price target on shares of American Capital Agency Corp. in a research report on Tuesday, July 4th. Zacks Investment Research cut American Capital Agency Corp. from a “buy” rating to a “hold” rating in a report on Friday, July 7th. BidaskClub raised American Capital Agency Corp. from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 22nd. Credit Suisse Group reaffirmed a “hold” rating and issued a $20.00 target price on shares of American Capital Agency Corp. in a research report on Friday, July 28th. Finally, Maxim Group reaffirmed a “buy” rating and issued a $21.25 target price on shares of American Capital Agency Corp. in a research report on Thursday, July 27th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $20.14.

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American Capital Agency Corp. 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).

Institutional Ownership by Quarter for American Capital Agency Corp. (NASDAQ:AGNC)

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