CreativeOne Wealth LLC Purchases New Shares in AGNC Investment Corp. (NASDAQ:AGNC)

CreativeOne Wealth LLC acquired a new stake in AGNC Investment Corp. (NASDAQ:AGNC) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 18,435 shares of the real estate investment trust’s stock, valued at approximately $193,000.

A number of other institutional investors have also recently bought and sold shares of the business. Healthcare of Ontario Pension Plan Trust Fund bought a new position in AGNC Investment in the 3rd quarter valued at $1,242,000. BNP Paribas Financial Markets grew its stake in AGNC Investment by 383.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 949,369 shares of the real estate investment trust’s stock valued at $9,930,000 after purchasing an additional 753,102 shares during the period. FMR LLC grew its stake in AGNC Investment by 2.0% in the 3rd quarter. FMR LLC now owns 103,556 shares of the real estate investment trust’s stock valued at $1,083,000 after purchasing an additional 1,999 shares during the period. The Manufacturers Life Insurance Company grew its stake in AGNC Investment by 7.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 197,489 shares of the real estate investment trust’s stock valued at $2,066,000 after purchasing an additional 13,578 shares during the period. Finally, Private Trust Co. NA grew its stake in AGNC Investment by 193.2% in the 3rd quarter. Private Trust Co. NA now owns 40,091 shares of the real estate investment trust’s stock valued at $419,000 after purchasing an additional 26,418 shares during the period. Institutional investors own 38.28% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on AGNC shares. Wells Fargo & Company upgraded AGNC Investment from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $10.00 to $12.00 in a research note on Friday, September 20th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research note on Wednesday, August 28th. Royal Bank of Canada increased their price target on AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Friday, August 16th. Finally, StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $10.33.

AGNC Investment Stock Down 1.2 %

Shares of NASDAQ AGNC opened at $9.48 on Wednesday. AGNC Investment Corp. has a 52 week low of $8.85 and a 52 week high of $10.85. The business has a 50-day simple moving average of $9.93 and a two-hundred day simple moving average of $9.97. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The company has a market cap of $8.40 billion, a P/E ratio of 6.58 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. The business had revenue of $756.00 million during the quarter, compared to analysts’ expectations of $219.50 million. During the same period in the previous year, the business earned $0.65 EPS. Research analysts anticipate that AGNC Investment Corp. will post 1.94 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 29th will be issued a $0.12 dividend. The ex-dividend date is Friday, November 29th. This represents a dividend yield of 14.9%. AGNC Investment’s payout ratio is currently 100.00%.

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).