Firethorn Wealth Partners LLC Grows Position in AGNC Investment Corp. (NASDAQ:AGNC)

Firethorn Wealth Partners LLC lifted its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 5.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 76,995 shares of the real estate investment trust’s stock after buying an additional 3,735 shares during the quarter. Firethorn Wealth Partners LLC’s holdings in AGNC Investment were worth $709,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Riverview Trust Co purchased a new stake in AGNC Investment during the third quarter valued at $25,000. Point72 Asset Management L.P. purchased a new stake in AGNC Investment during the third quarter valued at $32,000. Northwestern Mutual Wealth Management Co. raised its stake in AGNC Investment by 52.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 1,255 shares in the last quarter. Blue Trust Inc. increased its position in AGNC Investment by 315.9% during the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 2,966 shares during the last quarter. Finally, Quarry LP increased its position in AGNC Investment by 75.6% during the second quarter. Quarry LP now owns 5,285 shares of the real estate investment trust’s stock valued at $50,000 after acquiring an additional 2,275 shares during the last quarter. Hedge funds and other institutional investors own 38.28% of the company’s stock.

AGNC Investment Stock Up 0.4 %

Shares of AGNC Investment stock opened at $9.68 on Friday. 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 firm’s 50-day moving average is $9.50 and its two-hundred day moving average is $9.90. The stock has a market cap of $8.57 billion, a price-to-earnings ratio of 6.72 and a beta of 1.47.

AGNC Investment Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on AGNC shares. StockNews.com cut shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research report on Thursday. Finally, JPMorgan Chase & Co. cut 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 report on Monday, December 9th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $10.64.

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).