193,927 Shares in AGNC Investment Corp. (NASDAQ:AGNC) Acquired by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC purchased a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 193,927 shares of the real estate investment trust’s stock, valued at approximately $1,786,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of AGNC. Independent Advisor Alliance acquired a new stake in shares of AGNC Investment during the 3rd quarter worth $137,000. The Manufacturers Life Insurance Company increased its stake in AGNC Investment by 7.4% during the third quarter. The Manufacturers Life Insurance Company now owns 197,489 shares of the real estate investment trust’s stock worth $2,066,000 after acquiring an additional 13,578 shares during the last quarter. FMR LLC raised its holdings in shares of AGNC Investment by 2.0% in the 3rd quarter. FMR LLC now owns 103,556 shares of the real estate investment trust’s stock worth $1,083,000 after purchasing an additional 1,999 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of AGNC Investment by 383.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 949,369 shares of the real estate investment trust’s stock worth $9,930,000 after purchasing an additional 753,102 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of AGNC Investment in the 3rd quarter valued at about $1,242,000. Institutional investors and hedge funds own 38.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on AGNC. Keefe, Bruyette & Woods dropped their target price on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a research report on Wednesday, January 29th. Royal Bank of Canada restated an “outperform” rating and set a $11.00 target price on shares of AGNC Investment in a report on Thursday, January 30th. Argus upgraded AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. cut their price objective on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research report on Monday, December 9th. Finally, Wells Fargo & Company decreased their target price on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $10.50.

AGNC Investment Stock Down 2.5 %

Shares of AGNC Investment stock opened at $9.52 on Friday. 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 Corp. has a 1-year low of $8.92 and a 1-year high of $10.85. The business has a 50-day moving average of $10.14 and a 200-day moving average of $9.91. The company has a market capitalization of $8.72 billion, a PE ratio of 9.81 and a beta of 1.50.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings data 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 net margin of 29.26% and a return on equity of 21.92%. As a group, equities analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently declared a mar 25 dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be issued a $0.12 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a yield of 14.1%. AGNC Investment’s dividend payout ratio is presently 148.45%.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the transaction, the chief financial officer now owns 372,226 shares of the company’s stock, valued at $3,737,149.04. This trade represents a 3.37 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction that occurred 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 transaction, the director now owns 75,919 shares of the company’s stock, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by 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).