GSA Capital Partners LLP Invests $847,000 in AGNC Investment Corp. $AGNC

GSA Capital Partners LLP acquired a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) during the second quarter, HoldingsChannel.com reports. The fund acquired 77,694 shares of the real estate investment trust’s stock, valued at approximately $847,000.

Other hedge funds have also made changes to their positions in the company. Avion Wealth raised its stake in shares of AGNC Investment by 286.3% in the 1st quarter. Avion Wealth now owns 2,727 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 2,021 shares in the last quarter. National Bank of Canada FI boosted its position in AGNC Investment by 100.9% during the third quarter. National Bank of Canada FI now owns 3,365 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 1,690 shares during the period. WealthCollab LLC bought a new stake in AGNC Investment during the third quarter worth approximately $33,000. Financial Life Planners acquired a new position in AGNC Investment during the first quarter valued at approximately $37,000. Finally, WFA of San Diego LLC acquired a new position in AGNC Investment during the second quarter valued at approximately $37,000. Institutional investors and hedge funds own 38.28% of the company’s stock.

Insider Transactions at AGNC Investment

In other AGNC Investment news, EVP Bernice Bell sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $11.00, for a total transaction of $55,000.00. Following the completion of the transaction, the executive vice president owned 406,947 shares in the company, valued at $4,476,417. This trade represents a 1.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.40% of the stock is owned by company insiders.

AGNC Investment Price Performance

Shares of AGNC Investment stock opened at $10.92 on Wednesday. AGNC Investment Corp. has a 52-week low of $9.59 and a 52-week high of $12.19. The firm has a market capitalization of $12.95 billion, a PE ratio of 5.75 and a beta of 1.32. The company’s fifty day moving average price is $10.79 and its two-hundred day moving average price is $10.72.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Monday, July 20th. The real estate investment trust reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.02. AGNC Investment had a net margin of 57.94% and a return on equity of 17.96%. The company had revenue of $305.00 million during the quarter, compared to the consensus estimate of $1.06 billion. During the same period last year, the firm earned ($0.17) EPS. Analysts predict that AGNC Investment Corp. will post 1.6 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 31st will be given a $0.12 dividend. This represents a c) annualized dividend and a yield of 13.2%. The ex-dividend date of this dividend is Monday, August 31st. AGNC Investment’s dividend payout ratio is 75.79%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. restated a “neutral” rating and issued a $11.50 price objective (up from $11.00) on shares of AGNC Investment in a research note on Friday, July 17th. UBS Group upped their price objective on shares of AGNC Investment from $10.50 to $11.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Compass Point lowered shares of AGNC Investment from a “buy” rating to a “neutral” rating and set a $11.50 target price on the stock. in a research note on Friday, July 17th. Keefe, Bruyette & Woods dropped their target price on shares of AGNC Investment from $12.00 to $11.00 and set a “market perform” rating on the stock in a report on Wednesday, July 22nd. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $12.00 target price on shares of AGNC Investment in a research report on Friday, April 24th. Three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $11.11.

About AGNC Investment

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.