31,132 Shares in AGNC Investment Corp. $AGNC Bought by Abel Hall LLC

Abel Hall LLC bought a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC) during the 2nd quarter, Holdings Channel.com reports. The firm bought 31,132 shares of the real estate investment trust’s stock, valued at approximately $286,000.

Several other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. increased its position in AGNC Investment by 3.0% during the first quarter. Vanguard Group Inc. now owns 85,779,209 shares of the real estate investment trust’s stock worth $821,765,000 after buying an additional 2,462,337 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its position in AGNC Investment by 241,567.4% during the second quarter. Kingstone Capital Partners Texas LLC now owns 46,388,062 shares of the real estate investment trust’s stock worth $446,651,000 after buying an additional 46,368,867 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its position in AGNC Investment by 18.0% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 16,996,741 shares of the real estate investment trust’s stock worth $162,828,000 after buying an additional 2,589,020 shares during the last quarter. Equity Investment Corp increased its position in AGNC Investment by 8.2% during the first quarter. Equity Investment Corp now owns 7,395,081 shares of the real estate investment trust’s stock worth $70,845,000 after buying an additional 562,700 shares during the last quarter. Finally, Natixis Advisors LLC increased its position in AGNC Investment by 21.1% during the first quarter. Natixis Advisors LLC now owns 4,318,354 shares of the real estate investment trust’s stock worth $41,370,000 after buying an additional 752,201 shares during the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at AGNC Investment

In related news, Director John D. Fisk sold 20,278 shares of the stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $9.65, for a total value of $195,682.70. Following the completion of the transaction, the director owned 112,685 shares of the company’s stock, valued at $1,087,410.25. This represents a 15.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Paul E. Mullings sold 11,000 shares of the stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $9.61, for a total transaction of $105,710.00. Following the completion of the transaction, the director directly owned 128,511 shares of the company’s stock, valued at $1,234,990.71. This trade represents a 7.88% decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by corporate insiders.

AGNC Investment Stock Up 1.7%

Shares of AGNC opened at $10.16 on Thursday. The company has a 50-day simple moving average of $9.84 and a 200-day simple moving average of $9.36. The firm has a market capitalization of $10.58 billion, a P/E ratio of 29.88 and a beta of 1.32. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.33 and a current ratio of 0.33. AGNC Investment Corp. has a 52 week low of $7.85 and a 52 week high of $10.63.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Monday, July 21st. The real estate investment trust reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). The company had revenue of $830.00 million for the quarter, compared to analyst estimates of $447.37 million. AGNC Investment had a net margin of 11.50% and a return on equity of 19.32%. During the same period in the prior year, the company posted $0.53 EPS. On average, equities research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The business also recently disclosed a oct 25 dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be given a dividend of $0.12 per share. AGNC Investment’s dividend payout ratio is currently 423.53%.

Analysts Set New Price Targets

Several research firms have commented on AGNC. Jones Trading reissued a “buy” rating and set a $9.50 target price on shares of AGNC Investment in a research report on Tuesday, July 22nd. UBS Group upped their price target on shares of AGNC Investment from $9.50 to $9.75 and gave the company a “neutral” rating in a report on Wednesday, September 3rd. Piper Sandler upped their price target on shares of AGNC Investment from $10.00 to $10.50 and gave the company an “overweight” rating in a report on Wednesday. Weiss Ratings restated a “hold (c-)” rating on shares of AGNC Investment in a report on Wednesday. Finally, Keefe, Bruyette & Woods upped their price target on shares of AGNC Investment from $9.50 to $10.00 and gave the company an “outperform” rating in a report on Thursday, July 10th. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, AGNC Investment has an average rating of “Moderate Buy” and an average target price of $9.75.

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).