Joseph P. Lucia & Associates LLC cut its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 75.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,761 shares of the real estate investment trust’s stock after selling 8,492 shares during the period. Joseph P. Lucia & Associates LLC’s holdings in AGNC Investment were worth $46,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Global Retirement Partners LLC increased its stake in shares of AGNC Investment by 276.9% during the first quarter. Global Retirement Partners LLC now owns 1,568 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,152 shares during the period. Harvest Group Wealth Management LLC bought a new position in AGNC Investment during the 1st quarter worth $49,000. Destination Wealth Management bought a new position in AGNC Investment during the 1st quarter worth $57,000. Penserra Capital Management LLC bought a new position in AGNC Investment during the 1st quarter worth $61,000. Finally, Private Capital Group LLC increased its stake in AGNC Investment by 59.4% during the 1st quarter. Private Capital Group LLC now owns 4,219 shares of the real estate investment trust’s stock worth $77,000 after acquiring an additional 1,572 shares during the period. 67.87% of the stock is owned by hedge funds and other institutional investors.

AGNC has been the topic of a number of recent research reports. JPMorgan Chase & Co. restated a “buy” rating on shares of SAGE Therapeutics in a research note on Wednesday, July 24th. Zacks Investment Research lowered Ionis Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Friday, April 5th. TheStreet upgraded Worthington Industries from a “c+” rating to a “b-” rating in a research note on Thursday, July 25th. ValuEngine lowered Zumiez from a “hold” rating to a “sell” rating in a research note on Monday, May 13th. Finally, UBS Group restated a “buy” rating and set a GBX 285 ($3.72) price objective on shares of in a research note on Friday, June 21st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. AGNC Investment presently has an average rating of “Hold” and an average target price of $18.17.

In related news, CEO Gary D. Kain bought 97,802 shares of the business’s stock in a transaction on Tuesday, May 28th. The shares were purchased at an average cost of $17.73 per share, with a total value of $1,734,029.46. Following the acquisition, the chief executive officer now owns 1,300 shares of the company’s stock, valued at $23,049. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CEO Gary D. Kain bought 7,500 shares of the business’s stock in a transaction on Friday, May 24th. The shares were bought at an average cost of $17.01 per share, for a total transaction of $127,575.00. Following the completion of the acquisition, the chief executive officer now directly owns 1,300 shares in the company, valued at approximately $22,113. The disclosure for this purchase can be found here. Company insiders own 0.30% of the company’s stock.

Shares of NASDAQ AGNC traded down $0.16 during mid-day trading on Tuesday, hitting $17.29. 1,605,296 shares of the stock traded hands, compared to its average volume of 4,107,627. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.03. AGNC Investment Corp. has a twelve month low of $16.19 and a twelve month high of $19.72. The firm has a market capitalization of $9.27 billion, a P/E ratio of 7.36, a PEG ratio of 2.94 and a beta of 0.24. The firm’s 50 day simple moving average is $17.05.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Wednesday, July 24th. The real estate investment trust reported $0.49 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by ($0.01). AGNC Investment had a negative net margin of 62.31% and a positive return on equity of 11.52%. The firm had revenue of $123.00 million for the quarter, compared to analyst estimates of $289.69 million. During the same period last year, the business earned $0.63 EPS. On average, equities analysts anticipate that AGNC Investment Corp. will post 1.98 EPS for the current year.

The company also recently disclosed a jul 19 dividend, which will be paid on Friday, August 9th. Investors of record on Wednesday, July 31st will be issued a dividend of $0.16 per share. The ex-dividend date is Tuesday, July 30th. AGNC Investment’s dividend payout ratio (DPR) is 81.70%.

About AGNC Investment

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).

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

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