Motiv8 Investments LLC Buys Shares of 10,318 AGNC Investment Corp. (NASDAQ:AGNC)

Motiv8 Investments LLC bought a new stake in AGNC Investment Corp. (NASDAQ:AGNC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 10,318 shares of the real estate investment trust’s stock, valued at approximately $108,000.

Several other large investors have also modified their holdings of the stock. Riverview Trust Co purchased a new position in shares of AGNC Investment during the 3rd quarter worth approximately $25,000. Ashton Thomas Private Wealth LLC acquired a new stake in AGNC Investment in the second quarter valued at $31,000. Northwestern Mutual Wealth Management Co. lifted its holdings in AGNC Investment by 52.2% in the second 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. grew its stake in shares of 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 purchasing an additional 2,966 shares during the period. Finally, LRI Investments LLC purchased a new position in shares of AGNC Investment in the 1st quarter valued at about $38,000. Hedge funds and other institutional investors own 38.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Wells Fargo & Company raised shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $10.00 to $12.00 in a report on Friday, September 20th. Compass Point raised their price objective on AGNC Investment from $10.25 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Royal Bank of Canada boosted their target price on AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a research report on Friday, August 16th. JPMorgan Chase & Co. raised their price target on AGNC Investment from $9.50 to $10.00 and gave the company an “overweight” rating in a research report on Tuesday, July 16th. Finally, Maxim Group lowered shares of AGNC Investment from a “buy” rating to a “hold” rating in a research report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $10.33.

AGNC Investment Trading Down 0.1 %

NASDAQ:AGNC traded down $0.01 on Friday, reaching $9.93. The stock had a trading volume of 16,428,250 shares, compared to its average volume of 13,285,273. The company has a market cap of $7.22 billion, a price-to-earnings ratio of 10.91 and a beta of 1.47. AGNC Investment Corp. has a 12-month low of $6.81 and a 12-month high of $10.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.27 and a quick ratio of 0.27. The firm’s fifty day moving average is $10.30 and its two-hundred day moving average is $9.93.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). AGNC Investment had a return on equity of 26.21% and a net margin of 16.15%. The firm had revenue of $756.00 million for the quarter, compared to analyst estimates of $219.50 million. During the same quarter last year, the business posted $0.65 EPS. Equities analysts expect that AGNC Investment Corp. will post 2.11 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently declared a oct 24 dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be paid a $0.12 dividend. This represents a yield of 14%. The ex-dividend date is Thursday, October 31st. AGNC Investment’s payout ratio is 158.24%.

Insider Buying and Selling at AGNC Investment

In related news, CFO Bernice Bell sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $10.07, for a total value of $50,350.00. Following the completion of the sale, the chief financial officer now directly owns 298,182 shares in the company, valued at approximately $3,002,692.74. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.52% of the stock is owned by company 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).