AGNC Investment Corp. (NASDAQ:AGNC) Shares Purchased by Nicholas Hoffman & Company LLC.

Nicholas Hoffman & Company LLC. grew its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 4.6% during the first quarter, Holdings Channel reports. The firm owned 51,788 shares of the real estate investment trust’s stock after acquiring an additional 2,274 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in AGNC Investment were worth $513,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of AGNC Investment by 10.5% in the fourth quarter. Vanguard Group Inc. now owns 63,366,808 shares of the real estate investment trust’s stock valued at $621,628,000 after purchasing an additional 6,019,268 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in AGNC Investment by 4.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 8,015,707 shares of the real estate investment trust’s stock worth $79,355,000 after buying an additional 332,709 shares in the last quarter. Clearbridge Investments LLC boosted its position in AGNC Investment by 1.1% in the 4th quarter. Clearbridge Investments LLC now owns 7,380,614 shares of the real estate investment trust’s stock valued at $72,404,000 after buying an additional 79,316 shares during the period. Norges Bank acquired a new position in shares of AGNC Investment in the fourth quarter worth $69,215,000. Finally, Equity Investment Corp increased its position in shares of AGNC Investment by 3.8% during the third quarter. Equity Investment Corp now owns 6,343,975 shares of the real estate investment trust’s stock worth $59,887,000 after acquiring an additional 230,265 shares during the period. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total transaction of $46,750.00. Following the transaction, the director now owns 75,545 shares of the company’s stock, valued at $706,345.75. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.43% of the company’s stock.

AGNC Investment Stock Down 1.0 %

AGNC Investment stock traded down $0.09 during mid-day trading on Tuesday, hitting $9.15. The company had a trading volume of 8,998,350 shares, compared to its average volume of 11,875,578. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 1 year low of $6.81 and a 1 year high of $10.64. The business has a fifty day moving average of $9.54 and a 200 day moving average of $9.27. The stock has a market cap of $6.36 billion, a price-to-earnings ratio of 10.06 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.02. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. The business had revenue of $642.00 million during the quarter, compared to analysts’ expectations of $568.38 million. During the same quarter in the prior year, the business posted $0.70 EPS. On average, sell-side analysts expect that AGNC Investment Corp. will post 2.1 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th will be issued a $0.12 dividend. This represents a dividend yield of 15.4%. The ex-dividend date of this dividend is Monday, April 29th. AGNC Investment’s payout ratio is currently 158.24%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Barclays lifted their target price on AGNC Investment from $8.00 to $9.00 and gave the company an “equal weight” rating in a report on Monday, January 22nd. Compass Point started coverage on AGNC Investment in a research report on Tuesday, February 20th. They set a “buy” rating and a $10.25 price objective for the company. Royal Bank of Canada cut their target price on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating on the stock in a research note on Thursday, January 25th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, April 18th. Finally, Keefe, Bruyette & Woods lowered their price target on shares of AGNC Investment from $10.00 to $9.50 and set an “outperform” rating for the company in a report on Wednesday, April 24th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $9.79.

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).