Stableford Capital II LLC Cuts Position in AGNC Investment Corp. (NASDAQ:AGNC)

Stableford Capital II LLC trimmed its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 1.2% during the 4th quarter, Holdings Channel reports. The fund owned 95,786 shares of the real estate investment trust’s stock after selling 1,169 shares during the period. Stableford Capital II LLC’s holdings in AGNC Investment were worth $882,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of AGNC. Paragon Capital Management Ltd grew its position in AGNC Investment by 3.6% in the third quarter. Paragon Capital Management Ltd now owns 30,717 shares of the real estate investment trust’s stock worth $321,000 after acquiring an additional 1,071 shares in the last quarter. Armstrong Advisory Group Inc. lifted its stake in shares of AGNC Investment by 6.6% in the 4th quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust’s stock valued at $170,000 after purchasing an additional 1,150 shares during the last quarter. Garden State Investment Advisory Services LLC boosted its holdings in shares of AGNC Investment by 10.0% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 12,947 shares of the real estate investment trust’s stock worth $135,000 after purchasing an additional 1,176 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of AGNC Investment by 52.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 1,255 shares during the last quarter. Finally, Hollencrest Capital Management raised its holdings in AGNC Investment by 0.6% during the 3rd quarter. Hollencrest Capital Management now owns 222,450 shares of the real estate investment trust’s stock valued at $2,327,000 after buying an additional 1,290 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on AGNC shares. Royal Bank of Canada reiterated an “outperform” rating and set a $11.00 price objective on shares of AGNC Investment in a research report on Thursday. Keefe, Bruyette & Woods reduced their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research report on Wednesday. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. JPMorgan Chase & Co. reduced their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a report on Monday, December 9th. Finally, Wells Fargo & Company dropped their price objective on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Thursday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $10.50.

AGNC Investment Stock Performance

AGNC stock opened at $9.97 on Friday. AGNC Investment Corp. has a one year low of $8.92 and a one year high of $10.85. The firm has a market cap of $8.83 billion, a price-to-earnings ratio of 10.28 and a beta of 1.47. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The firm has a 50-day simple moving average of $9.53 and a two-hundred day simple moving average of $9.89.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. On average, equities analysts forecast that AGNC Investment Corp. will post 1.63 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a dividend yield of 15.5%. AGNC Investment’s payout ratio is 148.46%.

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).