Lido Advisors LLC Boosts Stock Holdings in AGNC Investment Corp. $AGNC

Lido Advisors LLC lifted its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 588.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,781 shares of the real estate investment trust’s stock after buying an additional 65,629 shares during the quarter. Lido Advisors LLC’s holdings in AGNC Investment were worth $780,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of AGNC. AQR Capital Management LLC boosted its holdings in shares of AGNC Investment by 51.9% in the first quarter. AQR Capital Management LLC now owns 64,100 shares of the real estate investment trust’s stock worth $614,000 after acquiring an additional 21,897 shares during the period. NewEdge Advisors LLC boosted its stake in AGNC Investment by 38.4% in the 1st quarter. NewEdge Advisors LLC now owns 24,941 shares of the real estate investment trust’s stock worth $239,000 after purchasing an additional 6,923 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in AGNC Investment by 16.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,811,782 shares of the real estate investment trust’s stock worth $26,937,000 after purchasing an additional 387,524 shares during the period. Hsbc Holdings PLC grew its holdings in AGNC Investment by 57.8% during the 2nd quarter. Hsbc Holdings PLC now owns 37,642 shares of the real estate investment trust’s stock valued at $346,000 after buying an additional 13,793 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of AGNC Investment by 8.9% during the second quarter. Invesco Ltd. now owns 2,494,606 shares of the real estate investment trust’s stock valued at $22,925,000 after buying an additional 203,610 shares during the period. Institutional investors own 38.28% of the company’s stock.

AGNC Investment Trading Up 4.0%

AGNC opened at $11.07 on Wednesday. The stock has a market capitalization of $12.71 billion, a P/E ratio of 5.83 and a beta of 1.31. The stock has a 50-day moving average price of $10.63 and a 200-day moving average price of $10.81. AGNC Investment Corp. has a 12-month low of $9.31 and a 12-month high of $12.19.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Monday, July 20th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.02. AGNC Investment had a return on equity of 18.20% and a net margin of 57.94%.The company had revenue of $305.00 million during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the company posted ($0.17) EPS. On average, equities research analysts predict that AGNC Investment Corp. will post 1.58 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 11th. Investors of record on Friday, July 31st will be given a $0.12 dividend. This represents a c) dividend on an annualized basis and a yield of 13.0%. The ex-dividend date is Friday, July 31st. AGNC Investment’s dividend payout ratio (DPR) is presently 75.79%.

Insiders Place Their Bets

In other AGNC Investment news, Director Donna Blank sold 22,000 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $10.78, for a total transaction of $237,160.00. Following the completion of the sale, the director directly owned 96,471 shares in the company, valued at $1,039,957.38. This represents a 18.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.40% of the stock is owned by corporate insiders.

Analyst Ratings Changes

AGNC has been the subject of a number of analyst reports. Keefe, Bruyette & Woods cut their price objective on shares of AGNC Investment from $12.00 to $11.00 and set a “market perform” rating for the company in a research report on Wednesday, July 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $12.00 target price on shares of AGNC Investment in a research note on Friday, April 24th. 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 report on Thursday, July 23rd. Compass Point cut shares of AGNC Investment from a “buy” rating to a “neutral” rating and set a $11.50 price target on the stock. in a report on Friday, July 17th. Finally, UBS Group lifted their price objective on AGNC Investment from $10.50 to $11.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $11.11.

AGNC Investment Profile

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.