Chicago Equity Partners LLC Cuts Holdings in AGNC Investment Corp. (AGNC)

Chicago Equity Partners LLC trimmed its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 14.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 209,510 shares of the real estate investment trust’s stock after selling 36,700 shares during the quarter. Chicago Equity Partners LLC owned about 0.06% of AGNC Investment Corp. worth $4,542,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the business. IFP Advisors Inc raised its position in shares of AGNC Investment Corp. by 0.7% during the 2nd quarter. IFP Advisors Inc now owns 130,986 shares of the real estate investment trust’s stock worth $2,789,000 after buying an additional 850 shares in the last quarter. IPG Investment Advisors LLC raised its holdings in shares of AGNC Investment Corp. by 4.0% in the 2nd quarter. IPG Investment Advisors LLC now owns 44,270 shares of the real estate investment trust’s stock worth $943,000 after purchasing an additional 1,700 shares in the last quarter. Brookstone Capital Management raised its holdings in shares of AGNC Investment Corp. by 19.2% in the 3rd quarter. Brookstone Capital Management now owns 15,599 shares of the real estate investment trust’s stock worth $338,000 after purchasing an additional 2,517 shares in the last quarter. Summit Securities Group LLC raised its holdings in shares of AGNC Investment Corp. by 25.2% in the 3rd quarter. Summit Securities Group LLC now owns 13,400 shares of the real estate investment trust’s stock worth $291,000 after purchasing an additional 2,700 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in shares of AGNC Investment Corp. by 7.6% in the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 64,026 shares of the real estate investment trust’s stock worth $1,388,000 after purchasing an additional 4,542 shares in the last quarter. Institutional investors own 58.61% of the company’s stock.

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Shares of AGNC Investment Corp. (NASDAQ AGNC) opened at $19.82 on Friday. AGNC Investment Corp. has a fifty-two week low of $17.30 and a fifty-two week high of $22.34. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.05. The firm has a market cap of $7,730.00, a PE ratio of 7.85 and a beta of 0.15.

AGNC Investment Corp. (NASDAQ:AGNC) last issued its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. AGNC Investment Corp. had a net margin of 145.02% and a return on equity of 12.00%. The firm had revenue of $178.00 million for the quarter, compared to analyst estimates of $177.50 million. During the same quarter in the prior year, the firm earned $0.67 EPS. research analysts expect that AGNC Investment Corp. will post 2.54 earnings per share for the current year.

The firm also recently announced a nov 17 dividend, which will be paid on Friday, December 8th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a yield of 11%. AGNC Investment Corp.’s payout ratio is presently 53.33%.

Several research analysts have recently weighed in on AGNC shares. Maxim Group reissued a “buy” rating and issued a $21.25 target price on shares of AGNC Investment Corp. in a research report on Thursday, July 27th. Zacks Investment Research downgraded shares of AGNC Investment Corp. from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $20.28.

About AGNC Investment Corp.

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).

Institutional Ownership by Quarter for AGNC Investment Corp. (NASDAQ:AGNC)

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