Magnus Financial Group LLC Has $284,000 Stake in AGNC Investment Corp. (NASDAQ:AGNC)

Magnus Financial Group LLC increased its position in AGNC Investment Corp. (NASDAQ:AGNC) by 189.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,885 shares of the real estate investment trust’s stock after purchasing an additional 20,206 shares during the quarter. Magnus Financial Group LLC’s holdings in AGNC Investment were worth $284,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Riverview Trust Co bought a new position in shares of AGNC Investment during the 3rd quarter worth about $25,000. Point72 Asset Management L.P. acquired a new position in AGNC Investment in the third quarter worth about $32,000. Northwestern Mutual Wealth Management Co. lifted its stake in AGNC Investment by 52.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 1,255 shares during the period. Blue Trust Inc. boosted its holdings in AGNC Investment by 315.9% during the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 2,966 shares in the last quarter. Finally, Quarry LP grew its stake in shares of AGNC Investment by 75.6% in the 2nd quarter. Quarry LP now owns 5,285 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 2,275 shares during the period. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Price Performance

Shares of AGNC stock opened at $9.71 on Thursday. The stock’s fifty day moving average is $9.50 and its 200-day moving average is $9.90. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85. The stock has a market capitalization of $8.60 billion, a PE ratio of 6.74 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. The company had revenue of $756.00 million during the quarter, compared to analyst estimates of $219.50 million. During the same quarter in the previous year, the business posted $0.65 EPS. Equities research analysts expect that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently declared a jan 25 dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be issued a $0.12 dividend. This represents a dividend yield of 15.5%. The ex-dividend date is Friday, January 31st. AGNC Investment’s dividend payout ratio is currently 100.00%.

Wall Street Analyst Weigh In

Several research firms recently commented on AGNC. JPMorgan Chase & Co. cut their target price on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research report on Monday, December 9th. StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $10.64.

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).