Cozad Asset Management Inc. Buys 67,355 Shares of AGNC Investment Corp. $AGNC

Cozad Asset Management Inc. grew its position in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 59.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 181,459 shares of the real estate investment trust's stock after purchasing an additional 67,355 shares during the quarter. Cozad Asset Management Inc.'s holdings in AGNC Investment were worth $1,668,000 as of its most recent SEC filing.

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Other large investors have also modified their holdings of the company. Bogart Wealth LLC boosted its stake in AGNC Investment by 78.0% during the 2nd quarter. Bogart Wealth LLC now owns 3,650 shares of the real estate investment trust's stock valued at $34,000 after purchasing an additional 1,600 shares during the period. Yousif Capital Management LLC lifted its holdings in shares of AGNC Investment by 6.9% during the second quarter. Yousif Capital Management LLC now owns 44,958 shares of the real estate investment trust's stock worth $413,000 after buying an additional 2,910 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of AGNC Investment by 75.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 7,257 shares of the real estate investment trust's stock valued at $70,000 after acquiring an additional 3,112 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of AGNC Investment by 50.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 176,604 shares of the real estate investment trust's stock worth $1,658,000 after acquiring an additional 58,841 shares during the last quarter. Finally, Catalyst Funds Management Pty Ltd increased its position in AGNC Investment by 78.4% during the second quarter. Catalyst Funds Management Pty Ltd now owns 59,035 shares of the real estate investment trust's stock worth $543,000 after acquiring an additional 25,935 shares during the period. 38.28% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Royal Bank Of Canada upped their target price on shares of AGNC Investment from $10.00 to $11.00 and gave the company an "outperform" rating in a research note on Wednesday, October 22nd. UBS Group upped their price objective on shares of AGNC Investment from $9.50 to $9.75 and gave the company a "neutral" rating in a research report on Wednesday, September 3rd. JPMorgan Chase & Co. increased their target price on shares of AGNC Investment from $9.50 to $10.00 and gave the company an "overweight" rating in a research note on Monday, October 20th. Weiss Ratings reissued a "hold (c)" rating on shares of AGNC Investment in a research report on Monday, November 17th. Finally, Piper Sandler upped their price target on AGNC Investment from $10.00 to $10.50 and gave the company an "overweight" rating in a report on Wednesday, October 8th. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $10.18.

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Read Our Latest Stock Report on AGNC

AGNC Investment Price Performance

Shares of AGNC Investment stock opened at $10.28 on Friday. The firm has a market cap of $11.03 billion, a P/E ratio of 15.34 and a beta of 1.34. The firm's 50-day simple moving average is $10.06 and its 200-day simple moving average is $9.64. AGNC Investment Corp. has a twelve month low of $7.85 and a twelve month high of $10.63. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.33 and a current ratio of 0.33.

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AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings results on Monday, October 20th. The real estate investment trust reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.03). The business had revenue of $836.00 million for the quarter, compared to the consensus estimate of $466.39 million. AGNC Investment had a return on equity of 19.44% and a net margin of 24.40%.During the same quarter in the prior year, the business earned $0.43 EPS. As a group, research analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 9th. Shareholders of record on Friday, November 28th will be given a $0.12 dividend. This represents a c) dividend on an annualized basis and a yield of 14.0%. The ex-dividend date is Friday, November 28th. AGNC Investment's dividend payout ratio is 214.93%.

Insider Transactions at AGNC Investment

In other AGNC Investment news, CEO Peter J. Federico sold 45,798 shares of AGNC Investment stock in a transaction on Monday, October 27th. The stock was sold at an average price of $10.27, for a total transaction of $470,345.46. Following the completion of the transaction, the chief executive officer directly owned 1,557,401 shares of the company's stock, valued at approximately $15,994,508.27. This trade represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.42% of the stock is owned by corporate insiders.

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).

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