Winebrenner Capital Management LLC Acquires New Stake in AGNC Investment Corp. (NASDAQ:AGNC)

Winebrenner Capital Management LLC bought a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) in the fourth quarter, Holdings Channel reports. The firm bought 74,000 shares of the real estate investment trust’s stock, valued at approximately $682,000.

Other institutional investors also recently bought and sold shares of the company. CIBC Asset Management Inc lifted its holdings in AGNC Investment by 5.3% during the 4th quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust’s stock worth $197,000 after buying an additional 1,075 shares in the last quarter. Armstrong Advisory Group Inc. grew its stake in shares of AGNC Investment by 6.6% in the fourth quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust’s stock worth $170,000 after acquiring an additional 1,150 shares in the last quarter. Garden State Investment Advisory Services LLC increased its position in shares of AGNC Investment by 10.0% during the third quarter. Garden State Investment Advisory Services LLC now owns 12,947 shares of the real estate investment trust’s stock worth $135,000 after acquiring an additional 1,176 shares during the period. Hollencrest Capital Management raised its stake in shares of AGNC Investment by 0.6% in the third quarter. Hollencrest Capital Management now owns 222,450 shares of the real estate investment trust’s stock valued at $2,327,000 after acquiring an additional 1,290 shares in the last quarter. Finally, Harbour Investments Inc. boosted its holdings in AGNC Investment by 4.2% in the third quarter. Harbour Investments Inc. now owns 34,618 shares of the real estate investment trust’s stock valued at $362,000 after purchasing an additional 1,391 shares during the period. 38.28% of the stock is owned by institutional investors and hedge funds.

AGNC Investment Stock Performance

Shares of AGNC stock opened at $10.54 on Friday. The stock’s 50-day moving average is $9.72 and its two-hundred day moving average is $9.91. 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 1 year low of $8.92 and a 1 year high of $10.85. The firm has a market cap of $9.33 billion, a price-to-earnings ratio of 10.87 and a beta of 1.48.

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 21.92% and a net margin of 29.26%. Analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

The firm also recently declared a feb 25 dividend, which will be paid on Tuesday, March 11th. Investors of record on Friday, February 28th will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a yield of 13.8%. AGNC Investment’s dividend payout ratio (DPR) is 148.45%.

Wall Street Analysts Forecast Growth

AGNC has been the subject of several recent research reports. Argus upgraded AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Royal Bank of Canada reissued an “outperform” rating and issued a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. Keefe, Bruyette & Woods decreased their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a research report on Wednesday, January 29th. Finally, Wells Fargo & Company dropped their target price on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $10.50.

Insider Buying and Selling

In other news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total value of $50,500.00. Following the transaction, the director now owns 75,919 shares of the company’s stock, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following the sale, the chief financial officer now directly owns 372,226 shares of the company’s stock, valued at approximately $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.52% of the stock is owned by company insiders.

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).