PFG Investments LLC Purchases 77,439 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

PFG Investments LLC grew its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 58.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 209,350 shares of the real estate investment trust’s stock after acquiring an additional 77,439 shares during the period. PFG Investments LLC’s holdings in AGNC Investment were worth $1,928,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Hsbc Holdings PLC bought a new position in AGNC Investment during the second quarter valued at approximately $157,000. Sei Investments Co. raised its position in AGNC Investment by 2.6% in the 2nd quarter. Sei Investments Co. now owns 668,114 shares of the real estate investment trust’s stock worth $6,374,000 after purchasing an additional 17,240 shares during the period. Bank of Montreal Can lifted its stake in AGNC Investment by 4.7% in the second quarter. Bank of Montreal Can now owns 39,968 shares of the real estate investment trust’s stock worth $390,000 after purchasing an additional 1,777 shares during the last quarter. Cubist Systematic Strategies LLC boosted its position in AGNC Investment by 23.5% during the second quarter. Cubist Systematic Strategies LLC now owns 195,969 shares of the real estate investment trust’s stock valued at $1,870,000 after buying an additional 37,272 shares during the period. Finally, AQR Capital Management LLC bought a new position in shares of AGNC Investment during the second quarter valued at about $163,000. 38.28% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AGNC has been the subject of several analyst reports. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. JPMorgan Chase & Co. dropped their price objective 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. Finally, StockNews.com downgraded shares of AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $10.64.

AGNC Investment Stock Up 1.4 %

Shares of NASDAQ AGNC opened at $9.82 on Tuesday. The firm has a fifty day simple moving average of $9.51 and a two-hundred day simple moving average of $9.90. AGNC Investment Corp. has a 12 month low of $8.92 and a 12 month high of $10.85. 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 firm has a market capitalization of $8.69 billion, a PE ratio of 6.82 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. Equities analysts expect that AGNC Investment Corp. will post 1.95 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a yield of 15.5%. AGNC Investment’s dividend payout ratio (DPR) is 100.00%.

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).