Sheaff Brock Investment Advisors LLC Raises Stock Position in AGNC Investment Corp. (NASDAQ:AGNC)

Sheaff Brock Investment Advisors LLC boosted its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 4.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 97,854 shares of the real estate investment trust’s stock after purchasing an additional 4,466 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in AGNC Investment were worth $1,024,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Riverview Trust Co purchased a new stake in shares of AGNC Investment in the 3rd quarter valued at approximately $25,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of AGNC Investment in the 2nd quarter valued at approximately $31,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of AGNC Investment by 52.2% in 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 acquiring an additional 1,255 shares during the period. Blue Trust Inc. increased its stake in AGNC Investment by 315.9% during the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 2,966 shares during the period. Finally, LRI Investments LLC purchased a new stake in AGNC Investment during the 1st quarter worth approximately $38,000. 38.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on AGNC. Compass Point upped their target price on shares of AGNC Investment from $10.25 to $11.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Keefe, Bruyette & Woods upped their target price on shares of AGNC Investment from $10.00 to $10.25 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. Royal Bank of Canada upped their target price on shares of AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Friday, August 16th. Maxim Group downgraded shares of AGNC Investment from a “buy” rating to a “hold” rating in a research note on Wednesday, July 24th. Finally, JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a report on Wednesday, August 28th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $10.33.

AGNC Investment Trading Up 0.7 %

Shares of AGNC Investment stock opened at $9.58 on Friday. The company has a fifty day simple moving average of $10.09 and a 200-day simple moving average of $9.95. AGNC Investment Corp. has a 12-month low of $8.57 and a 12-month high of $10.85. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The stock has a market cap of $8.48 billion, a price-to-earnings ratio of 6.65 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) 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 company posted $0.65 EPS. On average, equities analysts forecast that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 29th will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a yield of 14.9%. AGNC Investment’s dividend payout ratio (DPR) is 100.00%.

AGNC Investment Company 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).