Russell Investments Group Ltd. grew its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 25.5% in the third quarter, Holdings Channel reports. The institutional investor owned 1,340,268 shares of the real estate investment trust’s stock after acquiring an additional 272,486 shares during the quarter. Russell Investments Group Ltd.’s holdings in AGNC Investment were worth $21,540,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of AGNC. Amundi Pioneer Asset Management Inc. increased its position in shares of AGNC Investment by 43.1% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 738,228 shares of the real estate investment trust’s stock valued at $13,289,000 after buying an additional 222,443 shares in the last quarter. WINTON GROUP Ltd boosted its stake in AGNC Investment by 12.7% during the second quarter. WINTON GROUP Ltd now owns 83,801 shares of the real estate investment trust’s stock worth $1,410,000 after buying an additional 9,463 shares during the last quarter. Scout Investments Inc. boosted its stake in AGNC Investment by 57.5% during the second quarter. Scout Investments Inc. now owns 9,067,334 shares of the real estate investment trust’s stock worth $152,513,000 after buying an additional 3,310,432 shares during the last quarter. Smith Salley & Associates lifted its stake in shares of AGNC Investment by 18.6% in the 2nd quarter. Smith Salley & Associates now owns 148,234 shares of the real estate investment trust’s stock valued at $2,493,000 after purchasing an additional 23,285 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its stake in shares of AGNC Investment by 509.5% in the 2nd quarter. CENTRAL TRUST Co now owns 6,400 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 5,350 shares during the last quarter. Institutional investors and hedge funds own 64.87% of the company’s stock.

In other AGNC Investment news, Director Morris A. Davis purchased 7,350 shares of AGNC Investment stock in a transaction dated Tuesday, November 5th. The stock was acquired at an average cost of $17.02 per share, with a total value of $125,097.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.30% of the company’s stock.

Several equities analysts have recently commented on AGNC shares. JPMorgan Chase & Co. decreased their price target on AGNC Investment from $18.00 to $17.50 and set an “overweight” rating on the stock in a research note on Wednesday, July 24th. ValuEngine raised AGNC Investment from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. BidaskClub raised AGNC Investment from a “hold” rating to a “buy” rating in a research note on Thursday, October 10th. TheStreet lowered AGNC Investment from a “c” rating to a “d+” rating in a research note on Thursday, July 25th. Finally, Zacks Investment Research raised AGNC Investment from a “sell” rating to a “hold” rating and set a $18.00 price target on the stock in a research note on Friday, November 1st. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $17.57.

AGNC traded up $0.11 during mid-day trading on Friday, hitting $17.31. 4,875,700 shares of the stock were exchanged, compared to its average volume of 5,169,564. AGNC Investment Corp. has a 1-year low of $14.51 and a 1-year high of $18.29. The company has a market cap of $9.30 billion, a PE ratio of 7.37, a PEG ratio of 2.83 and a beta of 0.26. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.03. The firm’s fifty day moving average is $16.39 and its two-hundred day moving average is $16.68.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Wednesday, October 30th. The real estate investment trust reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.11. AGNC Investment had a positive return on equity of 11.86% and a negative net margin of 84.94%. The business had revenue of $119.00 million for the quarter, compared to the consensus estimate of $280.17 million. During the same quarter in the prior year, the business posted $0.61 EPS. The business’s revenue for the quarter was down 3.3% on a year-over-year basis. As a group, research analysts anticipate that AGNC Investment Corp. will post 2.1 earnings per share for the current year.

The firm also recently disclosed a oct 19 dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st will be issued a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, October 29th. This represents a dividend yield of 11.9%. AGNC Investment’s payout ratio is currently 81.70%.

AGNC Investment 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).

Recommended Story: What are benefits of a growth and income fund?

Want to see what other hedge funds are holding AGNC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AGNC Investment Corp. (NASDAQ:AGNC).

Institutional Ownership by Quarter for AGNC Investment (NASDAQ:AGNC)

Receive News & Ratings for AGNC Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGNC Investment and related companies with MarketBeat.com's FREE daily email newsletter.