Integrated Investment Consultants LLC Purchases New Stake in AGNC Investment Corp. (NASDAQ:AGNC)

Integrated Investment Consultants LLC purchased a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 15,926 shares of the real estate investment trust’s stock, valued at approximately $167,000.

Several other institutional investors also recently bought and sold shares of the business. Riverview Trust Co acquired a new position in shares of AGNC Investment during the 3rd quarter valued at $25,000. Ashton Thomas Private Wealth LLC purchased a new position in AGNC Investment in the second quarter valued at about $31,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of AGNC Investment by 52.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 1,255 shares in the last quarter. Blue Trust Inc. boosted its position in shares of AGNC Investment by 315.9% in the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 2,966 shares during the period. Finally, LRI Investments LLC acquired a new stake in shares of AGNC Investment in the first quarter valued at about $38,000. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. StockNews.com lowered AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Royal Bank of Canada boosted their target price on shares of AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a research report on Friday, August 16th. Wells Fargo & Company raised shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $10.00 to $12.00 in a report on Friday, September 20th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research note on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, AGNC Investment presently has an average rating of “Moderate Buy” and an average target price of $10.33.

AGNC Investment Trading Up 0.4 %

NASDAQ AGNC opened at $9.74 on Friday. The company has a market capitalization of $8.63 billion, a price-to-earnings ratio of 6.76 and a beta of 1.47. 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 12 month low of $8.57 and a 12 month high of $10.85. The company’s fifty day moving average price is $10.04 and its two-hundred day moving average price is $9.97.

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

AGNC Investment Announces Dividend

The company also recently announced a nov 24 dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 29th will be given 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 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).