AGNC Investment Corp. (NASDAQ:AGNC) Position Cut by Macquarie Group Ltd.

Macquarie Group Ltd. lowered its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 16.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 8,700 shares of the real estate investment trust’s stock after selling 1,700 shares during the period. Macquarie Group Ltd.’s holdings in AGNC Investment were worth $153,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Kovack Advisors Inc. grew its position in shares of AGNC Investment by 3.7% in the 4th quarter. Kovack Advisors Inc. now owns 18,901 shares of the real estate investment trust’s stock valued at $332,000 after buying an additional 666 shares during the last quarter. World Asset Management Inc lifted its stake in shares of AGNC Investment by 3.7% in the fourth quarter. World Asset Management Inc now owns 21,693 shares of the real estate investment trust’s stock valued at $380,000 after purchasing an additional 770 shares during the period. Bronfman E.L. Rothschild L.P. lifted its stake in shares of AGNC Investment by 64.6% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 2,125 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 834 shares during the period. Sheaff Brock Investment Advisors LLC lifted its stake in shares of AGNC Investment by 3.2% in the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 33,063 shares of the real estate investment trust’s stock valued at $580,000 after purchasing an additional 1,029 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of AGNC Investment by 1.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 108,955 shares of the real estate investment trust’s stock valued at $1,911,000 after purchasing an additional 1,047 shares during the period. 69.44% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ:AGNC traded down $0.08 during trading on Thursday, reaching $17.40. The stock had a trading volume of 5,985,000 shares, compared to its average volume of 5,197,319. AGNC Investment Corp. has a fifty-two week low of $16.96 and a fifty-two week high of $19.72. The firm has a market cap of $9.38 billion, a PE ratio of 7.40, a P/E/G ratio of 2.90 and a beta of 0.16. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.31 and a quick ratio of 0.31.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Wednesday, April 24th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.04). AGNC Investment had a negative net margin of 4.10% and a positive return on equity of 11.96%. The company had revenue of $164.00 million during the quarter, compared to analysts’ expectations of $327.08 million. During the same quarter in the previous year, the firm posted $0.60 earnings per share. As a group, sell-side analysts expect that AGNC Investment Corp. will post 2.02 earnings per share for the current fiscal year.

The business also recently announced a apr 19 dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 30th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a yield of 11.9%. AGNC Investment’s payout ratio is 91.91%.

In related news, Director Morris A. Davis sold 11,537 shares of the business’s stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $17.94, for a total value of $206,973.78. Following the completion of the sale, the director now directly owns 17,546 shares in the company, valued at $314,775.24. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.30% of the stock is currently owned by insiders.

Several brokerages recently commented on AGNC. Zacks Investment Research cut shares of AGNC Investment from a “hold” rating to a “sell” rating in a research note on Friday, April 5th. Nomura assumed coverage on shares of AGNC Investment in a research report on Wednesday, March 27th. They set a “neutral” rating and a $18.00 target price for the company. BidaskClub cut shares of AGNC Investment from a “buy” rating to a “hold” rating in a research report on Thursday, January 17th. TheStreet upgraded shares of AGNC Investment from a “d+” rating to a “c” rating in a research report on Thursday, April 25th. Finally, Keefe, Bruyette & Woods upgraded shares of AGNC Investment from a “market perform” rating to an “outperform” rating in a research report on Sunday, January 13th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $18.60.

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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).

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Institutional Ownership by Quarter for AGNC Investment (NASDAQ:AGNC)

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