Ruffer LLP decreased its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 9.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,399,815 shares of the real estate investment trust's stock after selling 679,061 shares during the quarter. AGNC Investment makes up approximately 2.1% of Ruffer LLP's holdings, making the stock its 14th largest holding. Ruffer LLP owned 0.72% of AGNC Investment worth $58,936,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently bought and sold shares of the company. Financial Life Planners acquired a new position in shares of AGNC Investment during the fourth quarter worth about $28,000. Point72 Asset Management L.P. acquired a new position in AGNC Investment in the third quarter worth about $32,000. Spire Wealth Management raised its position in shares of AGNC Investment by 94.5% during the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 1,972 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of AGNC Investment by 775.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust's stock valued at $54,000 after buying an additional 515,148 shares during the period. Finally, Huntington National Bank raised its position in shares of AGNC Investment by 105.7% during the 3rd quarter. Huntington National Bank now owns 6,705 shares of the real estate investment trust's stock worth $70,000 after purchasing an additional 3,445 shares during the period. Hedge funds and other institutional investors own 38.28% of the company's stock.
In related news, Director Frances Spark sold 5,000 shares of the company's stock in a transaction 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 directly owns 75,919 shares in the company, valued at approximately $766,781.90. This represents a 6.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the completion of the transaction, the chief financial officer now directly 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 disclosure for this sale can be found here. 0.52% of the stock is currently owned by company insiders.
Shares of AGNC opened at $10.38 on Friday. The business's 50-day moving average price is $9.91 and its 200 day moving average price is $9.93. AGNC Investment Corp. has a 1-year low of $8.92 and a 1-year 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 capitalization of $9.50 billion, a P/E ratio of 10.70 and a beta of 1.50.
AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. Analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current year.
The business also recently declared a feb 25 dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.12 per share. This represents a dividend yield of 13.8%. The ex-dividend date of this dividend is Friday, February 28th. AGNC Investment's dividend payout ratio is currently 148.45%.
A number of research firms have issued reports on AGNC. JPMorgan Chase & Co. cut their target price on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a research note on Monday, December 9th. StockNews.com raised AGNC Investment from a "sell" rating to a "hold" rating in a report on Tuesday, February 25th. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. Argus raised shares of AGNC Investment to a "hold" rating in a research note on Tuesday, February 4th. Finally, Wells Fargo & Company reduced their price target on shares of AGNC Investment from $12.00 to $11.00 and set an "overweight" rating for the company in a research note 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $10.50.
Check Out Our Latest Stock Report on 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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