Amundi Pioneer Asset Management Inc. Acquires Shares of 125,511 AGNC Investment Corp. (AGNC)

Amundi Pioneer Asset Management Inc. acquired a new position in shares of AGNC Investment Corp. (NASDAQ:AGNC) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 125,511 shares of the real estate investment trust’s stock, valued at approximately $2,534,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its stake in AGNC Investment by 71.0% during the third quarter. Wells Fargo & Company MN now owns 11,306,947 shares of the real estate investment trust’s stock worth $245,135,000 after buying an additional 4,695,908 shares during the period. APG Asset Management N.V. boosted its stake in AGNC Investment by 25.2% during the fourth quarter. APG Asset Management N.V. now owns 15,619,403 shares of the real estate investment trust’s stock worth $262,621,000 after buying an additional 3,147,560 shares during the period. State Treasurer State of Michigan boosted its stake in AGNC Investment by 26.2% during the fourth quarter. State Treasurer State of Michigan now owns 9,605,800 shares of the real estate investment trust’s stock worth $193,941,000 after buying an additional 1,991,800 shares during the period. Skandinaviska Enskilda Banken AB publ boosted its stake in AGNC Investment by 71.2% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 1,994,575 shares of the real estate investment trust’s stock worth $43,242,000 after buying an additional 829,600 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in AGNC Investment by 33.3% during the third quarter. Janus Henderson Group PLC now owns 2,672,335 shares of the real estate investment trust’s stock worth $57,936,000 after buying an additional 668,185 shares during the period. Hedge funds and other institutional investors own 67.86% of the company’s stock.

How to Become a New Pot Stock Millionaire

Several brokerages have weighed in on AGNC. BidaskClub raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th. Wells Fargo reissued a “market perform” rating and issued a $19.00 price objective on shares of AGNC Investment in a research note on Friday, December 1st. Maxim Group reissued a “buy” rating and issued a $21.25 price objective on shares of AGNC Investment in a research note on Thursday, February 1st. Bank of America raised shares of AGNC Investment from an “underperform” rating to a “neutral” rating in a research note on Thursday, February 1st. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $19.50 price objective on shares of AGNC Investment in a research note on Thursday, February 1st. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $20.63.

In related news, CFO Peter J. Federico sold 13,500 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $18.54, for a total value of $250,290.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.40% of the stock is owned by company insiders.

AGNC Investment Corp. (NASDAQ:AGNC) opened at $18.70 on Monday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.04. AGNC Investment Corp. has a 12 month low of $17.84 and a 12 month high of $22.34. The company has a market cap of $7,317.63, a P/E ratio of 9.54 and a beta of 0.03.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Wednesday, January 31st. The real estate investment trust reported $0.63 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.02. AGNC Investment had a net margin of 86.72% and a return on equity of 11.89%. The business had revenue of $212.00 million during the quarter, compared to analyst estimates of $204.32 million. During the same quarter last year, the firm posted $0.64 earnings per share. sell-side analysts expect that AGNC Investment Corp. will post 2.41 EPS for the current year.

The company also recently announced a mar 18 dividend, which will be paid on Monday, April 9th. Investors of record on Thursday, March 29th will be issued a $0.18 dividend. The ex-dividend date is Wednesday, March 28th. This represents a yield of 11.49%. AGNC Investment’s dividend payout ratio (DPR) is 110.20%.

TRADEMARK VIOLATION NOTICE: This article was first posted by Ticker Report and is the property of of Ticker Report. If you are accessing this article on another site, it was illegally copied and reposted in violation of United States and international copyright legislation. The legal version of this article can be read at https://www.tickerreport.com/banking-finance/3301101/amundi-pioneer-asset-management-inc-acquires-shares-of-125511-agnc-investment-corp-agnc.html.

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).

Want to see what other hedge funds are holding AGNC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AGNC Investment Corp. (NASDAQ:AGNC).

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

Receive News & Ratings for AGNC Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGNC Investment and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Ship Finance International  Shares Gap Down to $14.05
Ship Finance International Shares Gap Down to $14.05
Q2 2019 Earnings Forecast for PayPal  Issued By Wedbush
Q2 2019 Earnings Forecast for PayPal Issued By Wedbush
Q1 2019 Earnings Forecast for Loblaw Companies Issued By National Bank Financial
Q1 2019 Earnings Forecast for Loblaw Companies Issued By National Bank Financial
Research Analysts Set Expectations for Lam Research’s Q4 2018 Earnings
Research Analysts Set Expectations for Lam Research’s Q4 2018 Earnings
HSBC Downgrades KAZ Minerals  to Reduce
HSBC Downgrades KAZ Minerals to Reduce
Medallion Financial  Downgraded to “Sell” at Zacks Investment Research
Medallion Financial Downgraded to “Sell” at Zacks Investment Research


© 2006-2018 Ticker Report. Google+.