Capital Fund Management S.A. Decreases Stock Position in AGNC Investment Corp. (NASDAQ:AGNC)

Capital Fund Management S.A. cut its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 3.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 436,279 shares of the real estate investment trust’s stock after selling 13,715 shares during the quarter. Capital Fund Management S.A. owned about 0.08% of AGNC Investment worth $7,369,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Harbour Investments Inc. purchased a new stake in AGNC Investment in the first quarter valued at about $27,000. Joseph P. Lucia & Associates LLC purchased a new stake in AGNC Investment in the second quarter valued at about $34,000. Atlas Capital Advisors LLC purchased a new stake in AGNC Investment in the second quarter valued at about $34,000. Catalyst Capital Advisors LLC raised its stake in AGNC Investment by 61.6% in the first quarter. Catalyst Capital Advisors LLC now owns 2,230 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 850 shares during the last quarter. Finally, Baldrige Asset Management LLC purchased a new stake in AGNC Investment in the second quarter valued at about $40,000. Institutional investors own 50.54% of the company’s stock.

In other news, Director Gary D. Kain sold 30,000 shares of the stock in a transaction dated Wednesday, August 25th. The shares were sold at an average price of $16.51, for a total value of $495,300.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.38% of the stock is owned by corporate insiders.

Several research analysts have recently issued reports on AGNC shares. BTIG Research restated a “buy” rating and issued a $18.00 price objective on shares of AGNC Investment in a research note on Monday, June 21st. Barclays decreased their price objective on shares of AGNC Investment from $18.00 to $17.00 and set an “overweight” rating for the company in a research note on Wednesday, July 28th. Zacks Investment Research downgraded shares of AGNC Investment from a “buy” rating to a “hold” rating and set a $20.00 price objective on the stock. in a report on Tuesday, June 8th. Keefe, Bruyette & Woods downgraded shares of AGNC Investment from an “outperform” rating to a “market perform” rating and set a $18.25 price objective on the stock. in a report on Sunday, June 6th. They noted that the move was a valuation call. Finally, JMP Securities dropped their price objective on shares of AGNC Investment from $18.50 to $17.00 and set a “market outperform” rating on the stock in a report on Friday, July 30th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, AGNC Investment currently has an average rating of “Buy” and an average target price of $17.34.

Shares of NASDAQ AGNC opened at $16.16 on Monday. The company’s fifty day moving average price is $16.13 and its 200 day moving average price is $16.97. AGNC Investment Corp. has a 1 year low of $13.68 and a 1 year high of $18.84. The company has a market capitalization of $8.48 billion, a PE ratio of 4.67 and a beta of 1.02. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.25 and a current ratio of 0.25.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Sunday, July 25th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.65 by $0.11. AGNC Investment had a net margin of 160.72% and a return on equity of 17.84%. During the same quarter in the prior year, the firm earned $0.58 EPS. On average, equities analysts expect that AGNC Investment Corp. will post 2.78 EPS for the current year.

The firm also recently announced a sep 21 dividend, which will be paid on Tuesday, October 12th. Stockholders of record on Thursday, September 30th will be given a $0.12 dividend. This represents a dividend yield of 9%. The ex-dividend date is Wednesday, September 29th. AGNC Investment’s dividend payout ratio (DPR) is 53.33%.

AGNC Investment Company 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).

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Institutional Ownership by Quarter for AGNC Investment (NASDAQ:AGNC)

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