GAMMA Investing LLC Purchases 25,784 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

GAMMA Investing LLC lifted its position in AGNC Investment Corp. (NASDAQ:AGNC) by 1,315.5% in the 1st quarter, Holdings Channel.com reports. The fund owned 27,744 shares of the real estate investment trust’s stock after acquiring an additional 25,784 shares during the period. GAMMA Investing LLC’s holdings in AGNC Investment were worth $2,896,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of AGNC Investment by 8.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust’s stock worth $67,690,000 after acquiring an additional 581,352 shares during the last quarter. Farringdon Capital Ltd. bought a new stake in AGNC Investment during the 4th quarter valued at about $639,000. Yousif Capital Management LLC lifted its holdings in AGNC Investment by 4.8% during the 4th quarter. Yousif Capital Management LLC now owns 33,854 shares of the real estate investment trust’s stock valued at $312,000 after buying an additional 1,551 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in AGNC Investment by 96.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 110,113 shares of the real estate investment trust’s stock valued at $1,014,000 after buying an additional 54,049 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in AGNC Investment by 10.0% during the 4th quarter. Sei Investments Co. now owns 408,004 shares of the real estate investment trust’s stock valued at $3,758,000 after buying an additional 37,150 shares in the last quarter. Institutional investors own 38.28% of the company’s stock.

AGNC Investment Trading Up 0.9%

NASDAQ AGNC opened at $9.40 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The company has a market capitalization of $9.59 billion, a price-to-earnings ratio of 9.69 and a beta of 1.29. The company’s 50-day simple moving average is $8.83 and its two-hundred day simple moving average is $9.47. AGNC Investment Corp. has a one year low of $7.85 and a one year high of $10.85.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Monday, April 21st. The real estate investment trust reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $846.00 million for the quarter, compared to the consensus estimate of $436.71 million. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. During the same quarter last year, the firm posted $0.58 EPS. Equities analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently disclosed a jun 25 dividend, which will be paid on Thursday, July 10th. Stockholders of record on Monday, June 30th will be given a $0.12 dividend. AGNC Investment’s payout ratio is currently 360.00%.

Insider Transactions at AGNC Investment

In other news, EVP Kenneth L. Pollack sold 17,500 shares of AGNC Investment stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $9.03, for a total value of $158,025.00. Following the transaction, the executive vice president now owns 447,841 shares of the company’s stock, valued at $4,044,004.23. The trade was a 3.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Peter J. Federico sold 48,333 shares of AGNC Investment stock in a transaction that occurred on Friday, April 25th. The stock was sold at an average price of $8.70, for a total transaction of $420,497.10. Following the completion of the transaction, the chief executive officer now directly owns 1,691,421 shares in the company, valued at approximately $14,715,362.70. The trade was a 2.78% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 139,384 shares of company stock valued at $1,228,039 in the last 90 days. Insiders own 0.42% of the company’s stock.

Analysts Set New Price Targets

AGNC has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a report on Tuesday, May 6th. Royal Bank of Canada decreased their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating for the company in a report on Tuesday, April 29th. Keefe, Bruyette & Woods decreased their price objective on shares of AGNC Investment from $10.25 to $9.50 and set an “outperform” rating for the company in a report on Tuesday, June 3rd. Jones Trading decreased their price objective on shares of AGNC Investment from $10.25 to $9.50 and set a “buy” rating for the company in a report on Tuesday, April 22nd. Finally, Argus reissued a “hold” rating on shares of AGNC Investment in a research report on Tuesday, April 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, AGNC Investment has an average rating of “Moderate Buy” and an average price target of $9.75.

AGNC Investment 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).