Thompson Siegel & Walmsley LLC Boosts Stock Position in AGNC Investment Corp. (NASDAQ:AGNC)

Thompson Siegel & Walmsley LLC lifted its position in AGNC Investment Corp. (NASDAQ:AGNC) by 28.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,559,832 shares of the real estate investment trust’s stock after purchasing an additional 346,332 shares during the quarter. Thompson Siegel & Walmsley LLC owned 0.26% of AGNC Investment worth $15,801,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of AGNC Investment in the 2nd quarter valued at about $79,549,000. Norges Bank bought a new stake in shares of AGNC Investment in the 4th quarter valued at about $56,213,000. Goldentree Asset Management LP bought a new stake in shares of AGNC Investment in the 1st quarter valued at about $34,200,000. Millennium Management LLC lifted its stake in shares of AGNC Investment by 86.5% in the 4th quarter. Millennium Management LLC now owns 6,506,730 shares of the real estate investment trust’s stock valued at $67,345,000 after acquiring an additional 3,018,383 shares during the last quarter. Finally, Jupiter Asset Management Ltd. lifted its stake in shares of AGNC Investment by 3,353.8% in the 1st quarter. Jupiter Asset Management Ltd. now owns 2,766,137 shares of the real estate investment trust’s stock valued at $27,855,000 after acquiring an additional 2,686,048 shares during the last quarter. 38.86% of the stock is currently owned by hedge funds and other institutional investors.

AGNC Investment Stock Up 0.2 %

Shares of AGNC stock traded up $0.02 during midday trading on Friday, reaching $8.70. 10,899,363 shares of the stock were exchanged, compared to its average volume of 12,342,176. AGNC Investment Corp. has a 1 year low of $6.81 and a 1 year high of $12.25. The company’s 50 day moving average is $8.80 and its two-hundred day moving average is $9.43. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.01. The firm has a market cap of $5.84 billion, a PE ratio of 23.51 and a beta of 1.28.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings results on Tuesday, October 31st. The real estate investment trust reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.11. The company had revenue of $593.00 million for the quarter, compared to the consensus estimate of $310.17 million. AGNC Investment had a return on equity of 28.72% and a net margin of 17.39%. During the same quarter in the prior year, the business posted $0.84 EPS. On average, equities research analysts predict that AGNC Investment Corp. will post 2.49 EPS for the current year.

AGNC Investment Dividend Announcement

The business also recently declared a nov 23 dividend, which will be paid on Monday, December 11th. Investors of record on Thursday, November 30th will be paid a $0.12 dividend. The ex-dividend date is Wednesday, November 29th. This represents a dividend yield of 17.1%. AGNC Investment’s payout ratio is currently 389.19%.

Insider Buying and Selling

In related news, EVP Bernice Bell sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $9.93, for a total value of $49,650.00. Following the sale, the executive vice president now owns 258,947 shares in the company, valued at approximately $2,571,343.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.52% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have commented on AGNC. Royal Bank of Canada lowered their price target on AGNC Investment from $11.00 to $9.00 and set an “outperform” rating for the company in a research report on Friday, November 3rd. Barclays began coverage on AGNC Investment in a research report on Wednesday. They set an “equal weight” rating and a $8.00 price target for the company. StockNews.com began coverage on AGNC Investment in a research report on Thursday, October 5th. They set a “hold” rating for the company. JPMorgan Chase & Co. lowered their price target on AGNC Investment from $11.00 to $10.50 in a research report on Monday, July 24th. Finally, UBS Group raised AGNC Investment from a “neutral” rating to a “buy” rating and upped their price target for the company from $10.50 to $11.50 in a research report on Monday, September 18th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $10.21.

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).