International Assets Investment Management LLC Grows Position in AGNC Investment Corp. $AGNC

International Assets Investment Management LLC grew its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 43.1% during the 4th quarter, HoldingsChannel reports. The firm owned 486,562 shares of the real estate investment trust’s stock after buying an additional 146,508 shares during the quarter. International Assets Investment Management LLC’s holdings in AGNC Investment were worth $5,216,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. boosted its position in AGNC Investment by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 97,745,127 shares of the real estate investment trust’s stock worth $1,047,828,000 after purchasing an additional 1,304,782 shares in the last quarter. State Street Corp boosted its position in AGNC Investment by 12.9% in the 2nd quarter. State Street Corp now owns 16,693,449 shares of the real estate investment trust’s stock worth $155,383,000 after purchasing an additional 1,906,785 shares in the last quarter. Equity Investment Corp boosted its position in AGNC Investment by 1.8% in the 3rd quarter. Equity Investment Corp now owns 9,554,836 shares of the real estate investment trust’s stock worth $93,542,000 after purchasing an additional 164,386 shares in the last quarter. Victory Capital Management Inc. boosted its position in AGNC Investment by 20.2% in the 3rd quarter. Victory Capital Management Inc. now owns 7,111,656 shares of the real estate investment trust’s stock worth $69,623,000 after purchasing an additional 1,192,975 shares in the last quarter. Finally, Northern Trust Corp boosted its position in AGNC Investment by 1.9% in the 3rd quarter. Northern Trust Corp now owns 6,756,193 shares of the real estate investment trust’s stock worth $66,143,000 after purchasing an additional 128,709 shares in the last quarter. Hedge funds and other institutional investors own 38.28% of the company’s stock.

Insider Buying and Selling at AGNC Investment

In related news, CEO Peter J. Federico sold 64,412 shares of the stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $11.08, for a total value of $713,684.96. Following the completion of the transaction, the chief executive officer directly owned 1,927,083 shares of the company’s stock, valued at approximately $21,352,079.64. This represents a 3.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Donna Blank sold 22,000 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $10.78, for a total value of $237,160.00. Following the completion of the transaction, the director directly owned 96,471 shares of the company’s stock, valued at approximately $1,039,957.38. This represents a 18.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 215,234 shares of company stock valued at $2,364,022. 0.40% of the stock is owned by corporate insiders.

AGNC Investment Stock Performance

NASDAQ AGNC opened at $10.72 on Friday. The business has a fifty day moving average price of $10.56 and a 200 day moving average price of $10.73. AGNC Investment Corp. has a one year low of $8.65 and a one year high of $12.19. The company has a market cap of $12.31 billion, a P/E ratio of 8.86 and a beta of 1.35.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Monday, April 20th. The real estate investment trust reported $0.42 EPS for the quarter, beating the consensus estimate of $0.36 by $0.06. AGNC Investment had a return on equity of 18.31% and a net margin of 39.50%.The firm had revenue of ($114.00) million during the quarter, compared to the consensus estimate of $411.57 million. As a group, sell-side analysts predict that AGNC Investment Corp. will post 1.56 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 9th. Investors of record on Friday, May 29th will be paid a $0.12 dividend. This represents a c) annualized dividend and a yield of 13.4%. The ex-dividend date of this dividend is Friday, May 29th. AGNC Investment’s dividend payout ratio is currently 119.01%.

Analysts Set New Price Targets

Several equities research analysts have commented on AGNC shares. Wells Fargo & Company upped their price objective on AGNC Investment from $10.00 to $12.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $12.00 target price (up from $11.00) on shares of AGNC Investment in a research report on Thursday, January 29th. Royal Bank Of Canada reiterated an “outperform” rating and set a $12.00 target price on shares of AGNC Investment in a research report on Friday, April 24th. UBS Group increased their target price on AGNC Investment from $10.50 to $11.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Finally, Piper Sandler decreased their target price on AGNC Investment from $12.50 to $10.50 and set an “overweight” rating on the stock in a research report on Thursday, April 2nd. Four investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $11.06.

AGNC Investment Profile

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.