Trivium Point Advisory LLC Grows Position in AGNC Investment Corp. $AGNC

Trivium Point Advisory LLC raised its position in AGNC Investment Corp. (NASDAQ:AGNC) by 19.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,139,528 shares of the real estate investment trust’s stock after acquiring an additional 184,929 shares during the quarter. AGNC Investment makes up about 1.1% of Trivium Point Advisory LLC’s holdings, making the stock its 14th biggest holding. Trivium Point Advisory LLC owned about 0.11% of AGNC Investment worth $11,156,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cozad Asset Management Inc. lifted its position in shares of AGNC Investment by 59.0% during the 2nd quarter. Cozad Asset Management Inc. now owns 181,459 shares of the real estate investment trust’s stock worth $1,668,000 after purchasing an additional 67,355 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in AGNC Investment in the second quarter valued at $325,000. Delphi Financial Group Inc. purchased a new stake in AGNC Investment during the 2nd quarter worth about $574,000. Quantbot Technologies LP acquired a new position in shares of AGNC Investment during the 2nd quarter worth about $6,170,000. Finally, Creative Planning boosted its position in shares of AGNC Investment by 12.5% during the 2nd quarter. Creative Planning now owns 227,796 shares of the real estate investment trust’s stock worth $2,093,000 after acquiring an additional 25,222 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

Insiders Place Their Bets

In other AGNC Investment news, Director Gary D. Kain sold 700,000 shares of AGNC Investment stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $11.91, for a total value of $8,337,000.00. Following the transaction, the director directly owned 2,189,091 shares in the company, valued at approximately $26,072,073.81. This trade represents a 24.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Bernice Bell sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $12.14, for a total value of $303,500.00. Following the sale, the executive vice president owned 491,728 shares of the company’s stock, valued at $5,969,577.92. This trade represents a 4.84% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 775,000 shares of company stock valued at $9,246,000. 0.42% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Piper Sandler boosted their target price on AGNC Investment from $11.00 to $11.50 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Barclays raised their price objective on shares of AGNC Investment from $9.00 to $10.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 6th. Wells Fargo & Company upped their target price on shares of AGNC Investment from $10.00 to $12.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. Wall Street Zen downgraded shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, December 27th. Finally, Royal Bank Of Canada boosted their price target on shares of AGNC Investment from $11.00 to $13.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Four analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $11.03.

AGNC Investment Stock Performance

Shares of AGNC Investment stock opened at $11.21 on Friday. The firm’s fifty day simple moving average is $11.34 and its 200-day simple moving average is $10.53. AGNC Investment Corp. has a 12 month low of $7.85 and a 12 month high of $12.19. The stock has a market capitalization of $12.43 billion, a price-to-earnings ratio of 8.01 and a beta of 1.37. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.21 and a quick ratio of 0.31.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings data on Monday, January 26th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.02). The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $354.75 million. AGNC Investment had a return on equity of 18.32% and a net margin of 47.40%. As a group, equities analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Friday, February 27th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) annualized dividend and a yield of 12.8%. AGNC Investment’s dividend payout ratio is currently 102.86%.

About AGNC Investment

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.