Significant Wealth Partners LLC Invests $255,000 in AGNC Investment Corp. (NASDAQ:AGNC)

Significant Wealth Partners LLC acquired a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 25,978 shares of the real estate investment trust’s stock, valued at approximately $255,000.

A number of other institutional investors have also added to or reduced their stakes in AGNC. Vaughan Nelson Investment Management L.P. bought a new position in shares of AGNC Investment in the fourth quarter worth $38,593,000. Citigroup Inc. boosted its position in shares of AGNC Investment by 103.2% during the 3rd quarter. Citigroup Inc. now owns 185,721 shares of the real estate investment trust’s stock valued at $1,753,000 after acquiring an additional 94,332 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of AGNC Investment by 4.7% during the third quarter. Van ECK Associates Corp now owns 1,752,044 shares of the real estate investment trust’s stock worth $16,539,000 after purchasing an additional 78,253 shares in the last quarter. Stifel Financial Corp increased its position in shares of AGNC Investment by 48.0% in the third quarter. Stifel Financial Corp now owns 451,460 shares of the real estate investment trust’s stock worth $4,262,000 after purchasing an additional 146,406 shares during the last quarter. Finally, QRG Capital Management Inc. purchased a new stake in AGNC Investment in the third quarter valued at approximately $3,655,000. Hedge funds and other institutional investors own 38.28% of the company’s stock.

AGNC Investment Trading Up 0.5 %

NASDAQ AGNC opened at $9.20 on Tuesday. The stock has a 50-day moving average of $9.55 and a 200-day moving average of $9.26. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 1-year low of $6.81 and a 1-year high of $10.64. The firm has a market cap of $6.39 billion, a PE ratio of 920.92 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.02. AGNC Investment had a return on equity of 28.02% and a net margin of 7.59%. The firm had revenue of $642.00 million during the quarter, compared to the consensus estimate of $568.38 million. During the same quarter in the previous year, the company posted $0.70 earnings per share. As a group, sell-side analysts forecast that AGNC Investment Corp. will post 2.16 EPS for the current year.

AGNC Investment Dividend Announcement

The company also recently declared a apr 24 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be issued a $0.12 dividend. This represents a yield of 15.4%. The ex-dividend date of this dividend is Monday, April 29th. AGNC Investment’s dividend payout ratio (DPR) is presently 14,414.41%.

Analyst Upgrades and Downgrades

A number of research firms have commented on AGNC. Barclays boosted their price target on shares of AGNC Investment from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research note on Monday, January 22nd. Compass Point initiated coverage on AGNC Investment in a research note on Tuesday, February 20th. They issued a “buy” rating and a $10.25 target price on the stock. StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Royal Bank of Canada cut their price objective on AGNC Investment from $11.00 to $10.00 and set an “outperform” rating for the company in a report on Thursday, January 25th. Finally, Jonestrading initiated coverage on AGNC Investment in a report on Friday, March 22nd. They set a “buy” rating and a $10.75 price objective on the stock. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $9.93.

Insider Buying and Selling at AGNC Investment

In other news, CFO Bernice Bell sold 10,000 shares of the stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $9.85, for a total transaction of $98,500.00. Following the completion of the sale, the chief financial officer now directly owns 287,282 shares in the company, valued at $2,829,727.70. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.43% of the company’s stock.

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).