Barclays PLC raised its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 4.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,552,969 shares of the real estate investment trust's stock after buying an additional 71,330 shares during the quarter. Barclays PLC owned about 0.18% of AGNC Investment worth $16,242,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the business. Public Employees Retirement System of Ohio grew its stake in AGNC Investment by 0.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 276,252 shares of the real estate investment trust's stock valued at $2,890,000 after acquiring an additional 2,365 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in shares of AGNC Investment by 5.4% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 42,800 shares of the real estate investment trust's stock worth $448,000 after purchasing an additional 2,200 shares during the last quarter. MML Investors Services LLC grew its position in shares of AGNC Investment by 25.1% in the third quarter. MML Investors Services LLC now owns 335,767 shares of the real estate investment trust's stock valued at $3,512,000 after purchasing an additional 67,305 shares in the last quarter. Orion Portfolio Solutions LLC acquired a new stake in shares of AGNC Investment in the third quarter valued at approximately $130,000. Finally, Quantinno Capital Management LP lifted its position in AGNC Investment by 30.9% during the third quarter. Quantinno Capital Management LP now owns 15,289 shares of the real estate investment trust's stock worth $160,000 after buying an additional 3,607 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.
NASDAQ:AGNC opened at $9.58 on Friday. The stock has a market capitalization of $8.48 billion, a P/E ratio of 6.65 and a beta of 1.47. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. AGNC Investment Corp. has a fifty-two week low of $8.92 and a fifty-two week high of $10.85. The company has a 50 day moving average price of $9.79 and a 200 day moving average price of $9.96.
AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by ($0.04). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. The firm had revenue of $756.00 million during the quarter, compared to analyst estimates of $219.50 million. During the same period in the previous year, the firm posted $0.65 earnings per share. Equities research analysts forecast that AGNC Investment Corp. will post 1.94 EPS for the current year.
The firm also recently declared a dec 24 dividend, which will be paid on Friday, January 10th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a yield of 15.1%. AGNC Investment's dividend payout ratio (DPR) is presently 100.00%.
A number of analysts have issued reports on the company. JPMorgan Chase & Co. cut their target price on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating for the company in a research note on Monday, December 9th. Wells Fargo & Company upgraded shares of AGNC Investment from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $10.00 to $12.00 in a research report on Friday, September 20th. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a report on Wednesday, August 28th. Finally, StockNews.com downgraded shares of AGNC Investment from a "hold" rating to a "sell" rating in a report on Saturday, October 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $10.44.
Check Out Our Latest Stock Analysis on AGNC
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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