Penserra Capital Management LLC Increases Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Penserra Capital Management LLC boosted its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 17.4% in the third quarter, Holdings Channel reports. The fund owned 154,912 shares of the real estate investment trust’s stock after buying an additional 22,978 shares during the quarter. Penserra Capital Management LLC’s holdings in AGNC Investment were worth $1,620,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its stake in shares of AGNC Investment by 9.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 351,975 shares of the real estate investment trust’s stock valued at $3,485,000 after purchasing an additional 30,647 shares during the period. Public Employees Retirement System of Ohio grew its stake in shares of AGNC Investment by 1.5% during the first quarter. Public Employees Retirement System of Ohio now owns 274,631 shares of the real estate investment trust’s stock valued at $2,719,000 after acquiring an additional 4,035 shares in the last quarter. SVB Wealth LLC increased its position in shares of AGNC Investment by 17.2% during the first quarter. SVB Wealth LLC now owns 51,367 shares of the real estate investment trust’s stock worth $509,000 after acquiring an additional 7,554 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of AGNC Investment by 11.8% in the first quarter. Janus Henderson Group PLC now owns 310,813 shares of the real estate investment trust’s stock worth $3,072,000 after acquiring an additional 32,905 shares in the last quarter. Finally, California State Teachers Retirement System boosted its holdings in AGNC Investment by 3.5% in the first quarter. California State Teachers Retirement System now owns 674,005 shares of the real estate investment trust’s stock valued at $6,673,000 after purchasing an additional 23,074 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

Wall Street Analyst Weigh In

AGNC has been the topic of several analyst reports. Royal Bank of Canada lifted their price objective on AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a report on Friday, August 16th. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a report on Wednesday, August 28th. Wells Fargo & Company raised shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $10.00 to $12.00 in a report on Friday, September 20th. Finally, StockNews.com lowered 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, four have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $10.33.

AGNC Investment Trading Down 1.1 %

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

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

AGNC Investment Announces Dividend

The business 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%.

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).