Nwam LLC Makes New $136,000 Investment in AGNC Investment Corp. (NASDAQ:AGNC)

Nwam LLC acquired a new stake in AGNC Investment Corp. (NASDAQ:AGNC) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 13,034 shares of the real estate investment trust’s stock, valued at approximately $136,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Vaughan Nelson Investment Management L.P. grew its stake in AGNC Investment by 200.5% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock valued at $151,113,000 after buying an additional 9,639,675 shares during the last quarter. Natixis Advisors LLC boosted its holdings in shares of AGNC Investment by 314.8% during the third quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust’s stock worth $40,196,000 after acquiring an additional 2,916,345 shares during the period. ORG Wealth Partners LLC acquired a new position in shares of AGNC Investment in the third quarter valued at approximately $17,463,000. Boston Partners increased its stake in shares of AGNC Investment by 522.4% during the first quarter. Boston Partners now owns 1,437,698 shares of the real estate investment trust’s stock worth $14,229,000 after purchasing an additional 1,206,714 shares during the period. Finally, International Assets Investment Management LLC lifted its holdings in AGNC Investment by 945.2% during the 3rd quarter. International Assets Investment Management LLC now owns 1,072,039 shares of the real estate investment trust’s stock worth $102,489,000 after purchasing an additional 969,475 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors.

AGNC Investment Stock Performance

Shares of AGNC Investment stock opened at $9.64 on Wednesday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The company has a market cap of $8.54 billion, a PE ratio of 6.69 and a beta of 1.47. The company has a 50 day moving average of $10.02 and a 200-day moving average of $9.97. AGNC Investment Corp. has a 1-year low of $8.57 and a 1-year high of $10.85.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. The business had revenue of $756.00 million for the quarter, compared to the consensus estimate of $219.50 million. During the same quarter in the previous year, the company earned $0.65 earnings per share. As a group, equities research analysts forecast that AGNC Investment Corp. will post 1.94 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently announced a nov 24 dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 29th will be given a $0.12 dividend. This represents a yield of 14.9%. The ex-dividend date of this dividend is Friday, November 29th. AGNC Investment’s dividend payout ratio is presently 100.00%.

Wall Street Analyst Weigh In

Several research firms have weighed in on AGNC. StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research report on Wednesday, August 28th. Wells Fargo & Company raised shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $10.00 to $12.00 in a report on Friday, September 20th. Finally, Royal Bank of Canada raised their target price on shares of AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a report on Friday, August 16th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $10.33.

About AGNC Investment

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).