Callan Family Office LLC Invests $154,000 in AGNC Investment Corp. (NASDAQ:AGNC)

Callan Family Office LLC bought a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 16,668 shares of the real estate investment trust’s stock, valued at approximately $154,000.

Other institutional investors have also modified their holdings of the company. Financial Life Planners purchased a new stake in shares of AGNC Investment during the 4th quarter worth about $28,000. Point72 Asset Management L.P. acquired a new position in AGNC Investment during the 3rd quarter worth approximately $32,000. Spire Wealth Management lifted its position in AGNC Investment by 94.5% during the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 1,972 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in AGNC Investment by 775.6% during the 4th quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 515,148 shares in the last quarter. Finally, Huntington National Bank lifted its position in AGNC Investment by 105.7% during the 3rd quarter. Huntington National Bank now owns 6,705 shares of the real estate investment trust’s stock worth $70,000 after acquiring an additional 3,445 shares in the last quarter. Hedge funds and other institutional investors own 38.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AGNC. Wells Fargo & Company reduced their price target on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, February 25th. Keefe, Bruyette & Woods cut their target price on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research report on Wednesday, January 29th. Argus upgraded AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $11.00 target price on shares of AGNC Investment in a research note on Thursday, January 30th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $10.50.

AGNC Investment Stock Performance

Shares of AGNC opened at $10.02 on Wednesday. The business’s fifty day moving average price is $9.94 and its 200 day moving average price is $9.93. AGNC Investment Corp. has a 12-month low of $8.92 and a 12-month high of $10.85. The stock has a market capitalization of $9.17 billion, a PE ratio of 10.33 and a beta of 1.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. Equities research analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The business also recently announced a feb 25 dividend, which was paid on Tuesday, March 11th. Shareholders of record on Friday, February 28th were given a $0.12 dividend. This represents a yield of 13.8%. The ex-dividend date of this dividend was Friday, February 28th. AGNC Investment’s dividend payout ratio is presently 148.45%.

Insiders Place Their Bets

In other AGNC Investment news, 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 $3,737,149.04. This trade represents a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Frances Spark sold 5,000 shares of the stock in a transaction 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 completion of the sale, the director now directly owns 75,919 shares in the company, valued at $766,781.90. This represents a 6.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.52% of the stock is owned by corporate insiders.

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).