Macquarie Group Ltd. cut its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 16.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,700 shares of the real estate investment trust’s stock after selling 1,700 shares during the quarter. Macquarie Group Ltd.’s holdings in AGNC Investment were worth $153,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the company. MAI Capital Management bought a new position in AGNC Investment during the 4th quarter worth approximately $205,000. Timber Hill LLC bought a new position in AGNC Investment during the 4th quarter worth approximately $289,000. Enterprise Financial Services Corp grew its position in AGNC Investment by 92.3% during the 4th quarter. Enterprise Financial Services Corp now owns 3,301 shares of the real estate investment trust’s stock worth $58,000 after acquiring an additional 1,584 shares during the last quarter. BlackRock Inc. grew its position in AGNC Investment by 19.2% during the 4th quarter. BlackRock Inc. now owns 51,196,346 shares of the real estate investment trust’s stock worth $897,984,000 after acquiring an additional 8,228,391 shares during the last quarter. Finally, Wealthstreet Investment Advisors LLC bought a new position in AGNC Investment during the 4th quarter worth approximately $966,000. Hedge funds and other institutional investors own 69.18% of the company’s stock.
NASDAQ AGNC opened at $18.13 on Wednesday. AGNC Investment Corp. has a fifty-two week low of $16.96 and a fifty-two week high of $19.72. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.31 and a quick ratio of 0.31. The company has a market capitalization of $9.75 billion, a price-to-earnings ratio of 7.67, a price-to-earnings-growth ratio of 2.65 and a beta of 0.17.
AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Wednesday, January 30th. The real estate investment trust reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.06). AGNC Investment had a return on equity of 11.86% and a net margin of 11.85%. The business had revenue of $186.00 million during the quarter, compared to analysts’ expectations of $341.58 million. During the same quarter last year, the business posted $0.63 EPS. As a group, research analysts expect that AGNC Investment Corp. will post 2.29 earnings per share for the current year.
The firm also recently disclosed a apr 19 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be issued a $0.18 dividend. This represents a yield of 11.9%. The ex-dividend date is Monday, April 29th. AGNC Investment’s dividend payout ratio (DPR) is currently 91.91%.
Several research firms recently issued reports on AGNC. Zacks Investment Research upgraded AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 19th. BidaskClub lowered AGNC Investment from a “hold” rating to a “sell” rating in a research report on Monday, February 4th. TheStreet lowered AGNC Investment from a “c” rating to a “d+” rating in a research report on Thursday, January 31st. Keefe, Bruyette & Woods upgraded AGNC Investment from a “market perform” rating to an “outperform” rating in a research report on Sunday, January 13th. Finally, Nomura began coverage on AGNC Investment in a research report on Wednesday, March 27th. They set a “neutral” rating and a $18.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $18.60.
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AGNC Investment 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).
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