Atria Wealth Solutions Inc. grew its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 10.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 452,530 shares of the real estate investment trust's stock after purchasing an additional 43,082 shares during the period. Atria Wealth Solutions Inc. owned about 0.05% of AGNC Investment worth $4,204,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Financial Life Planners bought a new stake in AGNC Investment during the fourth quarter worth about $28,000. Point72 Asset Management L.P. acquired a new position in shares of AGNC Investment during the 3rd quarter worth approximately $32,000. Blue Trust Inc. raised its stake in shares of AGNC Investment by 315.9% during the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 2,966 shares in the last quarter. Spire Wealth Management boosted its holdings in shares of AGNC Investment by 94.5% in the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 1,972 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its holdings in shares of AGNC Investment by 775.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust's stock valued at $54,000 after buying an additional 515,148 shares during the last quarter. Institutional investors own 38.28% of the company's stock.
Several analysts have issued reports on AGNC shares. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods dropped their target price on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a report on Wednesday, January 29th. Argus upgraded AGNC Investment to a "hold" rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. lowered their price target on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a research report on Monday, December 9th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $10.50.
View Our Latest Stock Report on AGNC
Shares of NASDAQ:AGNC opened at $10.54 on Friday. AGNC Investment Corp. has a 12-month low of $8.92 and a 12-month high of $10.85. The business has a 50 day moving average of $9.70 and a 200-day moving average of $9.90. 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 stock has a market cap of $9.33 billion, a PE ratio of 10.86 and a beta of 1.48.
AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. As a group, equities research analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current year.
The firm also recently disclosed a feb 25 dividend, which will be paid on Tuesday, March 11th. Shareholders of record on Friday, February 28th will be paid a $0.12 dividend. This represents a yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment's dividend payout ratio (DPR) is 148.46%.
In related news, CFO Bernice Bell sold 13,000 shares of the business's stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the transaction, the chief financial officer now owns 372,226 shares of the company's stock, 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 document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Frances Spark sold 5,000 shares of the company's stock in a transaction dated 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 directly owns 75,919 shares of the company's stock, valued at $766,781.90. This represents 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.
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).
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