Winebrenner Capital Management LLC Makes New $682,000 Investment in AGNC Investment Corp. (NASDAQ:AGNC)

Winebrenner Capital Management LLC acquired a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 74,000 shares of the real estate investment trust’s stock, valued at approximately $682,000.

Other large investors have also recently made changes to their positions in the company. CIBC Asset Management Inc lifted its position 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 acquiring an additional 1,075 shares during the period. Armstrong Advisory Group Inc. lifted its holdings in shares of AGNC Investment by 6.6% during the fourth quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust’s stock worth $170,000 after purchasing an additional 1,150 shares during the period. Garden State Investment Advisory Services LLC boosted its position in AGNC Investment by 10.0% in the third quarter. Garden State Investment Advisory Services LLC now owns 12,947 shares of the real estate investment trust’s stock valued at $135,000 after buying an additional 1,176 shares during the last quarter. Hollencrest Capital Management boosted its position in 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 buying an additional 1,290 shares during the last quarter. Finally, Harbour Investments Inc. increased its holdings in AGNC Investment by 4.2% in the 3rd quarter. Harbour Investments Inc. now owns 34,618 shares of the real estate investment trust’s stock worth $362,000 after buying an additional 1,391 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.

AGNC Investment Price Performance

Shares of NASDAQ AGNC opened at $10.54 on Friday. The stock has a market capitalization of $9.33 billion, a price-to-earnings ratio of 10.87 and a beta of 1.48. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85. The firm has a 50-day simple moving average of $9.72 and a 200-day simple moving average of $9.91. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share 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%. On average, equities analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

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

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were 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 $766,781.90. This represents a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total transaction of $130,520.00. Following the sale, the chief financial officer now 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.

Wall Street Analyst Weigh In

Several analysts have recently commented on AGNC shares. JPMorgan Chase & Co. dropped their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a report on Monday, December 9th. Argus upgraded shares of AGNC Investment to a “hold” rating in a research report on Tuesday, February 4th. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Royal Bank of Canada reiterated an “outperform” rating and issued a $11.00 target price on shares of AGNC Investment in a research note on Thursday, January 30th. Finally, Keefe, Bruyette & Woods dropped their price target 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, January 29th. One investment 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $10.50.

AGNC Investment 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).