Natixis Advisors LLC Boosts Stake in AGNC Investment Corp. (NASDAQ:AGNC)

Natixis Advisors LLC raised its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 314.8% in the third quarter, Holdings Channel.com reports. The fund owned 3,842,814 shares of the real estate investment trust’s stock after buying an additional 2,916,345 shares during the quarter. Natixis Advisors LLC’s holdings in AGNC Investment were worth $40,196,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. US Bancorp DE boosted its position in shares of AGNC Investment by 279.0% in the third quarter. US Bancorp DE now owns 239,493 shares of the real estate investment trust’s stock worth $2,505,000 after buying an additional 176,301 shares during the period. International Assets Investment Management LLC boosted its position in shares of AGNC Investment by 945.2% in the third 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 buying an additional 969,475 shares during the period. J.W. Cole Advisors Inc. boosted its position in shares of AGNC Investment by 112.7% in the third quarter. J.W. Cole Advisors Inc. now owns 107,749 shares of the real estate investment trust’s stock worth $1,127,000 after buying an additional 57,089 shares during the period. Cannon Global Investment Management LLC purchased a new stake in shares of AGNC Investment in the third quarter worth about $1,569,000. Finally, Van ECK Associates Corp boosted its position in shares of AGNC Investment by 34.1% in the third quarter. Van ECK Associates Corp now owns 3,427,978 shares of the real estate investment trust’s stock worth $34,074,000 after buying an additional 870,856 shares during the period. Hedge funds and other institutional investors own 38.28% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on AGNC shares. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research report on Wednesday, August 28th. Maxim Group cut AGNC Investment from a “buy” rating to a “hold” rating in a research note on Wednesday, July 24th. Royal Bank of Canada upped their price objective on AGNC Investment from $10.00 to $11.00 and gave the company an “outperform” rating in a research note on Friday, August 16th. StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. Finally, Keefe, Bruyette & Woods upped their price objective on AGNC Investment from $10.00 to $10.25 and gave the company an “outperform” rating in a research note on Thursday, July 25th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $10.33.

AGNC Investment Stock Up 0.7 %

Shares of AGNC Investment stock opened at $9.58 on Monday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The business’s 50 day simple moving average is $10.09 and its 200-day simple moving average is $9.96. The stock has a market capitalization of $8.48 billion, a price-to-earnings 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.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). The company had revenue of $756.00 million for the quarter, compared to analyst estimates of $219.50 million. AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. During the same quarter in the previous year, the company posted $0.65 earnings per share. Equities research analysts forecast that AGNC Investment Corp. will post 1.94 earnings per share for the current year.

AGNC Investment Dividend Announcement

The firm also recently disclosed a nov 24 dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 29th will be issued a $0.12 dividend. This represents a yield of 14.9%. The ex-dividend date is Friday, November 29th. AGNC Investment’s dividend payout ratio (DPR) is 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).