12,209 Shares in AGNC Investment Corp. (NASDAQ:AGNC) Acquired by MQS Management LLC

MQS Management LLC acquired a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 12,209 shares of the real estate investment trust’s stock, valued at approximately $128,000.

Other institutional investors have also added to or reduced their stakes in the company. US Bancorp DE increased its position in AGNC Investment by 279.0% during the 3rd quarter. US Bancorp DE now owns 239,493 shares of the real estate investment trust’s stock worth $2,505,000 after purchasing an additional 176,301 shares in the last quarter. International Assets Investment Management LLC increased its position in AGNC Investment by 945.2% during the 3rd quarter. International Assets Investment Management LLC now owns 1,072,039 shares of the real estate investment trust’s stock worth $102,489,000 after purchasing an additional 969,475 shares in the last quarter. J.W. Cole Advisors Inc. increased its position in AGNC Investment by 112.7% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 107,749 shares of the real estate investment trust’s stock worth $1,127,000 after purchasing an additional 57,089 shares in the last quarter. Cannon Global Investment Management LLC acquired a new position in AGNC Investment during the 3rd quarter worth approximately $1,569,000. Finally, Van ECK Associates Corp increased its position in AGNC Investment by 34.1% during the 3rd quarter. Van ECK Associates Corp now owns 3,427,978 shares of the real estate investment trust’s stock worth $34,074,000 after purchasing an additional 870,856 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have issued reports on AGNC shares. Keefe, Bruyette & Woods upped their price target on shares of AGNC Investment from $10.00 to $10.25 and gave the company an “outperform” rating in a research report on Thursday, July 25th. Royal Bank of Canada upped their price target on shares of AGNC Investment from $10.00 to $11.00 and gave the company an “outperform” rating in a research report on Friday, August 16th. StockNews.com cut shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Maxim Group cut shares of AGNC Investment from a “buy” rating to a “hold” rating in a research report on Wednesday, July 24th. Finally, Compass Point upped their price target on shares of AGNC Investment from $10.25 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $10.33.

AGNC Investment Trading Up 0.7 %

AGNC opened at $9.58 on Friday. The stock has a market cap of $8.48 billion, a PE ratio of 6.65 and a beta of 1.47. AGNC Investment Corp. has a twelve month low of $8.57 and a twelve month high of $10.85. The company has a fifty day moving average of $10.09 and a 200-day moving average of $9.95. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.04). The company had revenue of $756.00 million for the quarter, compared to the consensus estimate of $219.50 million. AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. During the same period in the prior year, the company earned $0.65 earnings per share. On average, sell-side analysts predict that AGNC Investment Corp. will post 1.94 EPS for the current year.

AGNC Investment Dividend Announcement

The business also recently announced a nov 24 dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 29th will be paid a dividend of $0.12 per share. This represents a yield of 14.9%. The ex-dividend date is Friday, November 29th. AGNC Investment’s dividend payout ratio is presently 100.00%.

About AGNC Investment

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).