MML Investors Services LLC Reduces Stake in AGNC Investment Corp. (NASDAQ:AGNC)

MML Investors Services LLC decreased its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 331,925 shares of the real estate investment trust’s stock after selling 3,842 shares during the quarter. MML Investors Services LLC’s holdings in AGNC Investment were worth $3,057,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in shares of AGNC Investment by 14.1% during the 4th quarter. Vanguard Group Inc. now owns 83,316,872 shares of the real estate investment trust’s stock worth $767,348,000 after buying an additional 10,316,999 shares during the last quarter. Geode Capital Management LLC boosted its stake in AGNC Investment by 18.8% in the fourth quarter. Geode Capital Management LLC now owns 14,614,721 shares of the real estate investment trust’s stock valued at $134,645,000 after acquiring an additional 2,311,105 shares in the last quarter. Norges Bank purchased a new position in shares of AGNC Investment during the fourth quarter worth about $87,269,000. Allspring Global Investments Holdings LLC increased its position in shares of AGNC Investment by 5.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,662,954 shares of the real estate investment trust’s stock worth $80,392,000 after purchasing an additional 424,990 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of AGNC Investment by 8.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust’s stock valued at $67,690,000 after purchasing an additional 581,352 shares during the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.

AGNC Investment Stock Up 1.5 %

AGNC stock opened at $8.85 on Monday. AGNC Investment Corp. has a one year low of $7.85 and a one year high of $10.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The company has a fifty day moving average of $9.56 and a 200-day moving average of $9.66. The stock has a market capitalization of $8.10 billion, a PE ratio of 9.12 and a beta of 1.32.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The company had revenue of $846.00 million for the quarter, compared to analyst estimates of $436.71 million. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. During the same quarter in the previous year, the company earned $0.58 EPS. As a group, analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

The firm also recently disclosed a apr 25 dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 30th will be given a $0.12 dividend. This represents a yield of 17.7%. The ex-dividend date is Wednesday, April 30th. AGNC Investment’s payout ratio is 360.00%.

Analyst Ratings Changes

AGNC has been the topic of several research analyst reports. Keefe, Bruyette & Woods cut their price target on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research report on Wednesday, January 29th. Jones Trading reduced their price target on shares of AGNC Investment from $10.25 to $9.50 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, February 25th. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. Finally, Wells Fargo & Company lowered their price target on AGNC Investment from $11.00 to $10.00 and set an “overweight” rating on the stock in a report on Tuesday, April 22nd. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $10.11.

Insider Buying and Selling at AGNC Investment

In related news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total transaction of $50,500.00. Following the sale, the director now owns 75,919 shares of the company’s stock, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Bernice Bell sold 13,000 shares of the company’s 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 transaction, the chief financial officer now owns 372,226 shares in the company, valued at $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is owned by corporate insiders.

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).