AGNC Investment Corp. (NASDAQ:AGNC) Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its holdings in AGNC Investment Corp. (NASDAQ:AGNCGet Rating) by 152.7% during the second quarter, Holdings Channel reports. The institutional investor owned 3,955 shares of the real estate investment trust’s stock after buying an additional 2,390 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in AGNC Investment were worth $44,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. O Dell Group LLC acquired a new stake in AGNC Investment in the first quarter valued at $26,000. GPS Wealth Strategies Group LLC grew its holdings in shares of AGNC Investment by 50.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 3,000 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 1,000 shares during the last quarter. Worth Asset Management LLC purchased a new position in shares of AGNC Investment during the first quarter worth about $35,000. Prospera Financial Services Inc purchased a new position in shares of AGNC Investment during the first quarter worth about $53,000. Finally, Ellevest Inc. grew its holdings in shares of AGNC Investment by 107.0% during the second quarter. Ellevest Inc. now owns 5,721 shares of the real estate investment trust’s stock worth $63,000 after purchasing an additional 2,957 shares during the last quarter. 43.36% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have issued reports on AGNC. StockNews.com began coverage on AGNC Investment in a report on Wednesday, October 12th. They set a “hold” rating on the stock. BTIG Research dropped their price objective on AGNC Investment from $9.50 to $9.00 in a report on Wednesday, October 26th. Royal Bank of Canada dropped their price objective on AGNC Investment from $13.00 to $10.00 and set an “outperform” rating on the stock in a report on Wednesday, October 5th. Credit Suisse Group dropped their price objective on AGNC Investment to $8.00 in a report on Thursday, October 27th. Finally, Maxim Group lowered their price target on AGNC Investment from $13.00 to $9.00 in a report on Tuesday, October 11th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.10.

AGNC Investment Price Performance

Shares of AGNC opened at $9.63 on Monday. AGNC Investment Corp. has a twelve month low of $7.30 and a twelve month high of $16.14. The stock’s 50 day moving average is $9.26 and its two-hundred day moving average is $10.98. The firm has a market capitalization of $5.50 billion, a PE ratio of -2.70 and a beta of 1.15. The company has a current ratio of 0.25, a quick ratio of 0.24 and a debt-to-equity ratio of 0.02.

AGNC Investment (NASDAQ:AGNCGet Rating) last announced its quarterly earnings data on Tuesday, October 25th. The real estate investment trust reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.15. AGNC Investment had a positive return on equity of 23.64% and a negative net margin of 128.56%. The company had revenue of $177.00 million for the quarter, compared to analyst estimates of $363.05 million. During the same quarter in the previous year, the company earned $0.75 EPS. The firm’s revenue for the quarter was down 36.6% compared to the same quarter last year. Research analysts anticipate that AGNC Investment Corp. will post 3.04 earnings per share for the current year.

AGNC Investment Dividend Announcement

The firm also recently disclosed a nov 22 dividend, which will be paid on Friday, December 9th. Shareholders of record on Wednesday, November 30th will be issued a $0.12 dividend. The ex-dividend date is Tuesday, November 29th. AGNC Investment’s dividend payout ratio is presently -40.34%.

AGNC Investment Company Profile

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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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