47,092 Shares in AGNC Investment Corp. $AGNC Acquired by Wealthspire Advisors LLC

Wealthspire Advisors LLC purchased a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 47,092 shares of the real estate investment trust’s stock, valued at approximately $433,000.

A number of other institutional investors have also made changes to their positions in AGNC. Kingstone Capital Partners Texas LLC lifted its stake in shares of AGNC Investment by 241,567.4% during the second quarter. Kingstone Capital Partners Texas LLC now owns 46,388,062 shares of the real estate investment trust’s stock valued at $446,651,000 after acquiring an additional 46,368,867 shares during the period. Nuveen LLC acquired a new stake in AGNC Investment during the 1st quarter worth $30,546,000. Vanguard Group Inc. raised its position in shares of AGNC Investment by 3.0% during the 1st quarter. Vanguard Group Inc. now owns 85,779,209 shares of the real estate investment trust’s stock valued at $821,765,000 after acquiring an additional 2,462,337 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of AGNC Investment by 10.9% in the 2nd quarter. Geode Capital Management LLC now owns 24,995,789 shares of the real estate investment trust’s stock valued at $229,990,000 after purchasing an additional 2,461,255 shares during the period. Finally, Equity Investment Corp boosted its position in shares of AGNC Investment by 27.0% in the 2nd quarter. Equity Investment Corp now owns 9,390,450 shares of the real estate investment trust’s stock worth $86,298,000 after purchasing an additional 1,995,369 shares during the last quarter. 38.28% of the stock is owned by institutional investors.

AGNC Investment Stock Up 2.1%

Shares of AGNC Investment stock opened at $10.28 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.33 and a current ratio of 0.33. AGNC Investment Corp. has a 52-week low of $7.85 and a 52-week high of $10.63. The company’s 50 day moving average price is $10.06 and its 200-day moving average price is $9.63. The stock has a market capitalization of $11.03 billion, a price-to-earnings ratio of 15.34 and a beta of 1.34.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Monday, October 20th. The real estate investment trust reported $0.35 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.03). AGNC Investment had a return on equity of 19.44% and a net margin of 24.40%.The business had revenue of $836.00 million for the quarter, compared to the consensus estimate of $466.39 million. During the same period in the previous year, the firm earned $0.43 EPS. Equities research analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 9th. Stockholders of record on Friday, November 28th will be issued a $0.12 dividend. The ex-dividend date is Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 14.0%. AGNC Investment’s dividend payout ratio (DPR) is currently 214.93%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on AGNC shares. UBS Group lifted their price target on shares of AGNC Investment from $9.50 to $9.75 and gave the company a “neutral” rating in a research note on Wednesday, September 3rd. JPMorgan Chase & Co. boosted their price target on AGNC Investment from $9.50 to $10.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Jones Trading reaffirmed a “buy” rating and issued a $10.00 price objective on shares of AGNC Investment in a research note on Tuesday, October 21st. Piper Sandler boosted their target price on shares of AGNC Investment from $10.00 to $10.50 and gave the stock an “overweight” rating in a research note on Wednesday, October 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of AGNC Investment in a report on Monday. Six equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, AGNC Investment currently has a consensus rating of “Moderate Buy” and an average target price of $10.18.

Insider Buying and Selling

In other AGNC Investment news, CEO Peter J. Federico sold 45,798 shares of the stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $10.27, for a total value of $470,345.46. Following the completion of the sale, the chief executive officer directly owned 1,557,401 shares in the company, valued at approximately $15,994,508.27. This trade represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.42% of the stock is owned by 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).