Kestra Private Wealth Services LLC Has $642,000 Stake in AGNC Investment Corp. (NASDAQ:AGNC)

Kestra Private Wealth Services LLC reduced its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 69,669 shares of the real estate investment trust’s stock after selling 2,048 shares during the period. Kestra Private Wealth Services LLC’s holdings in AGNC Investment were worth $642,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Armstrong Advisory Group Inc. grew its stake in AGNC Investment by 6.6% during the fourth quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust’s stock worth $170,000 after purchasing an additional 1,150 shares during the period. Garden State Investment Advisory Services LLC grew its position in shares of AGNC Investment by 10.0% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 12,947 shares of the real estate investment trust’s stock worth $135,000 after buying an additional 1,176 shares during the period. Hollencrest Capital Management increased its stake in shares of AGNC Investment by 0.6% in the 3rd quarter. Hollencrest Capital Management now owns 222,450 shares of the real estate investment trust’s stock valued at $2,327,000 after acquiring an additional 1,290 shares in the last quarter. Harbour Investments Inc. lifted its position in shares of AGNC Investment by 4.2% during the 3rd quarter. Harbour Investments Inc. now owns 34,618 shares of the real estate investment trust’s stock valued at $362,000 after acquiring an additional 1,391 shares during the period. Finally, Yousif Capital Management LLC boosted its stake in AGNC Investment by 4.8% during the fourth quarter. Yousif Capital Management LLC now owns 33,854 shares of the real estate investment trust’s stock worth $312,000 after acquiring an additional 1,551 shares in the last quarter. 38.28% of the stock is owned by institutional investors.

AGNC Investment Price Performance

AGNC opened at $10.43 on Friday. The firm’s fifty day moving average price is $9.63 and its two-hundred day moving average price is $9.89. The company has a market capitalization of $9.24 billion, a price-to-earnings ratio of 10.75 and a beta of 1.48. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. AGNC Investment Corp. has a 1 year low of $8.92 and a 1 year high of $10.85.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. As a group, analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently declared a feb 25 dividend, which will be paid on Tuesday, March 11th. Investors of record on Friday, February 28th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, February 28th. This represents a yield of 13.8%. AGNC Investment’s dividend payout ratio (DPR) is currently 148.46%.

Insiders Place Their Bets

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the business’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the transaction, the chief financial officer now directly owns 372,226 shares in the company, valued at $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frances Spark sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction of $50,500.00. Following the sale, the director now owns 75,919 shares of the company’s stock, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AGNC. Argus upgraded shares of AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. dropped their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research note on Monday, December 9th. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Royal Bank of Canada reiterated an “outperform” rating and issued a $11.00 target price on shares of AGNC Investment in a report on Thursday, January 30th. Finally, Wells Fargo & Company decreased their price target on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.50.

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).