ORG Wealth Partners LLC Sells 1,661,916 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

ORG Wealth Partners LLC lowered its position in AGNC Investment Corp. (NASDAQ:AGNC) by 99.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,578 shares of the real estate investment trust’s stock after selling 1,661,916 shares during the quarter. ORG Wealth Partners LLC’s holdings in AGNC Investment were worth $70,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Vaughan Nelson Investment Management L.P. grew its position in shares of AGNC Investment by 200.5% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock worth $151,113,000 after buying an additional 9,639,675 shares in the last quarter. Geode Capital Management LLC lifted its stake in AGNC Investment by 2.0% in the third quarter. Geode Capital Management LLC now owns 12,303,616 shares of the real estate investment trust’s stock worth $128,730,000 after acquiring an additional 242,640 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in AGNC Investment by 2.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 8,237,964 shares of the real estate investment trust’s stock worth $86,169,000 after acquiring an additional 189,444 shares in the last quarter. Equity Investment Corp increased its position in AGNC Investment by 2.1% during the 3rd quarter. Equity Investment Corp now owns 7,274,167 shares of the real estate investment trust’s stock valued at $76,088,000 after purchasing an additional 149,775 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of AGNC Investment by 2.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,768,305 shares of the real estate investment trust’s stock valued at $70,796,000 after purchasing an additional 162,152 shares in the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

AGNC Investment Stock Down 1.6 %

Shares of AGNC stock opened at $9.14 on Friday. The stock’s fifty day moving average price is $9.51 and its 200 day moving average price is $9.91. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. AGNC Investment Corp. has a 1-year low of $8.92 and a 1-year high of $10.85. The company has a market cap of $8.09 billion, a price-to-earnings ratio of 6.35 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.04). The company had revenue of $756.00 million for the quarter, compared to analyst estimates of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same quarter last year, the company earned $0.65 EPS. On average, research analysts expect that AGNC Investment Corp. will post 1.94 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, January 31st. This represents a dividend yield of 15.5%. AGNC Investment’s payout ratio is currently 100.00%.

Analysts Set New Price Targets

AGNC has been the topic of a number of recent research reports. JPMorgan Chase & Co. dropped their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research note on Monday, December 9th. StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Finally, Wells Fargo & Company upgraded AGNC Investment from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $10.00 to $12.00 in a research note on Friday, September 20th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat, AGNC Investment presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.44.

AGNC Investment 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).