Weaver Consulting Group Acquires 4,721 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Weaver Consulting Group raised its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 45.0% during the fourth quarter, HoldingsChannel reports. The fund owned 15,218 shares of the real estate investment trust’s stock after purchasing an additional 4,721 shares during the quarter. Weaver Consulting Group’s holdings in AGNC Investment were worth $140,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the stock. Riverview Trust Co bought a new position in shares of AGNC Investment in the third quarter valued at approximately $25,000. Point72 Asset Management L.P. bought a new position in AGNC Investment in the 3rd quarter valued at $32,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of AGNC Investment during the 2nd quarter valued at $31,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of 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 worth $35,000 after purchasing an additional 1,255 shares during the period. Finally, Blue Trust Inc. boosted its stake 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 buying an additional 2,966 shares during the period. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AGNC has been the topic of a number of research analyst reports. JPMorgan Chase & Co. decreased 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. Wells Fargo & Company upgraded shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $10.00 to $12.00 in a research report on Friday, September 20th. Finally, StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $10.44.

AGNC Investment Price Performance

Shares of NASDAQ AGNC opened at $9.32 on Wednesday. The stock has a market capitalization of $8.25 billion, a P/E ratio of 6.47 and a beta of 1.47. AGNC Investment Corp. has a one year low of $8.92 and a one year high of $10.85. The firm’s 50 day simple moving average is $9.51 and its two-hundred day simple moving average is $9.92. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data 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). The business had revenue of $756.00 million during the quarter, compared to analysts’ expectations of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same period last year, the company posted $0.65 EPS. As a group, analysts expect that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently disclosed a dec 24 dividend, which will be paid on Friday, January 10th. Stockholders of record on Tuesday, December 31st will be issued a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a dividend yield of 15.1%. AGNC Investment’s dividend payout ratio is currently 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).