Campbell & CO Investment Adviser LLC lifted its position in shares of AGNC Investment Corp. (NASDAQ:AGNC – Free Report) by 26.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 66,160 shares of the real estate investment trust’s stock after acquiring an additional 13,913 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in AGNC Investment were worth $625,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Coppell Advisory Solutions Corp. acquired a new position in AGNC Investment during the 4th quarter valued at about $27,000. Coppell Advisory Solutions LLC bought a new position in AGNC Investment in the second quarter valued at approximately $29,000. Private Trust Co. NA boosted its stake in AGNC Investment by 49.4% in the second quarter. Private Trust Co. NA now owns 3,025 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 1,000 shares during the last quarter. Worth Asset Management LLC bought a new stake in shares of AGNC Investment during the 1st quarter valued at $35,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of AGNC Investment by 128.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,580 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 2,015 shares during the period. Institutional investors and hedge funds own 38.86% of the company’s stock.
Insider Buying and Selling at AGNC Investment
In other news, CFO Bernice Bell sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $9.85, for a total transaction of $98,500.00. Following the sale, the chief financial officer now owns 287,282 shares in the company, valued at approximately $2,829,727.70. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.52% of the company’s stock.
Analysts Set New Price Targets
AGNC Investment Stock Performance
Shares of AGNC opened at $9.44 on Monday. The firm has a market cap of $6.34 billion, a P/E ratio of 944.94 and a beta of 1.45. AGNC Investment Corp. has a twelve month low of $6.81 and a twelve month high of $11.58. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.20 and a current ratio of 0.20. The firm’s 50 day moving average price is $9.64 and its two-hundred day moving average price is $9.33.
AGNC Investment (NASDAQ:AGNC – Get Free Report) last posted its quarterly earnings data on Monday, January 29th. The real estate investment trust reported $0.60 EPS for the quarter, beating the consensus estimate of $0.49 by $0.11. The business had revenue of $640.00 million for the quarter, compared to analysts’ expectations of $570.42 million. AGNC Investment had a net margin of 7.59% and a return on equity of 28.65%. During the same period in the previous year, the firm posted $0.74 EPS. On average, analysts forecast that AGNC Investment Corp. will post 2.09 EPS for the current fiscal year.
AGNC Investment Announces Dividend
The firm also recently declared a feb 24 dividend, which will be paid on Monday, March 11th. Stockholders of record on Thursday, February 29th will be paid a dividend of $0.12 per share. The ex-dividend date is Wednesday, February 28th. AGNC Investment’s dividend payout ratio is currently 14,414.41%.
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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