AGNC Investment Corp. (NASDAQ:AGNC) Shares Acquired by Paradigm Financial Partners LLC

Paradigm Financial Partners LLC boosted its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 59.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,904 shares of the real estate investment trust’s stock after acquiring an additional 12,704 shares during the period. Paradigm Financial Partners LLC’s holdings in AGNC Investment were worth $333,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Bruce G. Allen Investments LLC bought a new stake in AGNC Investment in the fourth quarter valued at $37,000. CENTRAL TRUST Co bought a new stake in AGNC Investment in the 4th quarter valued at about $46,000. Allworth Financial LP boosted its stake in AGNC Investment by 76.5% during the 4th quarter. Allworth Financial LP now owns 4,836 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 2,096 shares during the period. Carmichael Hill & Associates Inc. grew its position in AGNC Investment by 66.8% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 6,066 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 2,429 shares during the last quarter. Finally, Private Trust Co. NA raised its holdings in shares of AGNC Investment by 110.8% during the fourth quarter. Private Trust Co. NA now owns 6,377 shares of the real estate investment trust’s stock valued at $63,000 after buying an additional 3,352 shares during the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on AGNC. StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Barclays lifted their price objective on shares of AGNC Investment from $8.00 to $9.00 and gave the company an “equal weight” rating in a research note on Monday, January 22nd. Jonestrading decreased their target price on shares of AGNC Investment from $10.75 to $10.25 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. Royal Bank of Canada dropped their price target on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating on the stock in a research report on Thursday, January 25th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “outperform” rating for the company in a report on Wednesday, April 24th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $9.79.

Insider Activity at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total transaction of $46,750.00. Following the completion of the sale, the director now directly owns 75,545 shares in the company, valued at approximately $706,345.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.52% of the stock is owned by insiders.

AGNC Investment Stock Up 1.0 %

NASDAQ AGNC opened at $9.33 on Monday. AGNC Investment Corp. has a 12 month low of $6.81 and a 12 month high of $10.64. The company has a market capitalization of $6.48 billion, a P/E ratio of 10.25 and a beta of 1.45. The company’s 50 day simple moving average is $9.55 and its 200 day simple moving average is $9.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The company had revenue of $642.00 million for the quarter, compared to analyst estimates of $568.38 million. AGNC Investment had a return on equity of 27.92% and a net margin of 32.12%. During the same period in the previous year, the firm earned $0.70 earnings per share. Equities research analysts expect that AGNC Investment Corp. will post 2.1 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently declared a apr 24 dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th will be issued a dividend of $0.12 per share. The ex-dividend date is Monday, April 29th. This represents a dividend yield of 15.4%. AGNC Investment’s dividend payout ratio is 158.24%.

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).