2 weeks Ago By ABMN Staff
Bank of Montreal Can decreased its stake in shares of AGNC Investment Corp. ( NASDAQ:AGNC – Free Report ) by 7.7% during the 4th quarter, HoldingsChannel.
com reports. The firm owned 44,584 shares of the real estate investment trust’s stock after selling 3,738 shares during the quarter. Bank of Montreal Can’s holdings in AGNC Investment were worth $411,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in the business. Barclays PLC boosted its holdings in shares of AGNC Investment by 4.8% during the third quarter.
Barclays PLC now owns 1,552,969 shares of the real estate investment trust’s stock valued at $16,242,000 after acquiring an additional 71,330 shares during the period. Howard Financial Services LTD. grew its position in AGNC Investment by 195.
2% during the 4th quarter. Howard Financial Services LTD. now owns 53,834 shares of the real estate investment trust’s stock worth $496,000 after purchasing an additional 35,598 shares in the last quarter.
Charles Schwab Investment Management Inc. grew its position in AGNC Investment by 8.6% during the 4th quarter.
Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust’s stock worth $67,690,000 after purchasing an additional 581,352 shares in the last quarter. Franklin Resources Inc.
grew its stake in AGNC Investment by 35.8% during the 3rd quarter. Franklin Resources Inc.
now owns 584,370 shares of the real estate investment trust’s stock valued at $6,060,000 after acquiring an additional 154,029 shares in the last quarter. Finally, Yousif Capital Management LLC grew its holdings in shares of AGNC Investment by 4.8% during the 4th quarter.
Yousif Capital Management LLC now owns 33,854 shares of the real estate investment trust’s stock valued at $312,000 after acquiring an additional 1,551 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.
AGNC Investment Trading Up 3.6 % AGNC opened at $8.45 on Wednesday.
The firm has a 50 day simple moving average of $9.66 and a 200 day simple moving average of $9.69.
AGNC Investment Corp. has a fifty-two week low of $7.85 and a fifty-two week high of $10.
85. The company has a market cap of $7.74 billion, a price-to-earnings ratio of 8.
71 and a beta of 1.32. 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 Dividend Announcement The business also recently announced a apr 25 dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 30th will be issued a dividend of $0.12 per share.
This represents a yield of 17.7%. The ex-dividend date of this dividend is Wednesday, April 30th.
AGNC Investment’s dividend payout ratio (DPR) is currently 148.45%. Insider Activity at AGNC Investment In related news, Director Frances Spark sold 5,000 shares of the business’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 value of $50,500.00.
Following the completion of the transaction, the director now directly owns 75,919 shares in the company, valued at approximately $766,781.90. The trade was a 6.
18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, CFO Bernice Bell sold 13,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th.
The stock was sold at an average price of $10.04, for a total transaction of $130,520.00.
Following the sale, the chief financial officer now owns 372,226 shares in the company, valued at $3,737,149.04. This trade represents a 3.
37 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Corporate insiders own 0.
42% of the company’s stock. Analyst Upgrades and Downgrades AGNC has been the topic of a number of research reports. Keefe, Bruyette & Woods dropped their price objective on AGNC Investment from $10.
75 to $10.25 and set an “outperform” rating on the stock in a report on Wednesday, January 29th. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd.
Jones Trading dropped their price target on shares of AGNC Investment from $10.25 to $9.50 and set a “buy” rating for the company in a research report on Tuesday.
Royal Bank of Canada reaffirmed an “outperform” rating and set a $11.00 price objective on shares of AGNC Investment in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co.
decreased their price objective on shares of AGNC Investment from $9.50 to $8.50 and set an “overweight” rating on the stock in a report on Wednesday, April 16th.
Four analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, AGNC Investment has a consensus rating of “Moderate Buy” and a consensus price target of $10.13.
View Our Latest Report on AGNC AGNC Investment Company Profile ( Free Report ) 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). See Also Want to see what other hedge funds are holding AGNC? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for AGNC Investment Corp. ( NASDAQ:AGNC – Free Report ). Receive News & Ratings for AGNC Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGNC Investment and related companies with MarketBeat.
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