American Capital Agency Corp. (NASDAQ:AGNC) Shares Bought by Martingale Asset Management L P

Martingale Asset Management L P raised its holdings in shares of American Capital Agency Corp. (NASDAQ:AGNC) by 372.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,042,044 shares of the real estate investment trust’s stock after acquiring an additional 821,363 shares during the period. Martingale Asset Management L P owned approximately 0.29% of American Capital Agency Corp. worth $22,186,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Tower Research Capital LLC TRC increased its position in shares of American Capital Agency Corp. by 24.3% during the 1st quarter. Tower Research Capital LLC TRC now owns 5,584 shares of the real estate investment trust’s stock valued at $111,000 after purchasing an additional 1,090 shares during the period. Penserra Capital Management LLC increased its position in shares of American Capital Agency Corp. by 42.0% during the 1st quarter. Penserra Capital Management LLC now owns 7,649 shares of the real estate investment trust’s stock valued at $152,000 after purchasing an additional 2,261 shares during the period. Capstone Asset Management Co. acquired a new position in shares of American Capital Agency Corp. during the 2nd quarter valued at $219,000. IFM Investors Pty Ltd acquired a new position in shares of American Capital Agency Corp. during the 2nd quarter valued at $219,000. Finally, Stratos Wealth Partners LTD. increased its position in shares of American Capital Agency Corp. by 6.6% during the 1st quarter. Stratos Wealth Partners LTD. now owns 11,310 shares of the real estate investment trust’s stock valued at $225,000 after purchasing an additional 700 shares during the period. 60.77% of the stock is currently owned by hedge funds and other institutional investors.

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American Capital Agency Corp. (NASDAQ:AGNC) traded up 0.52% during mid-day trading on Friday, reaching $21.11. The company had a trading volume of 7,429,959 shares. The stock has a market cap of $7.51 billion, a PE ratio of 4.42 and a beta of 0.20. The firm’s 50-day moving average price is $21.32 and its 200-day moving average price is $20.78. American Capital Agency Corp. has a 12 month low of $17.30 and a 12 month high of $22.34.

American Capital Agency Corp. (NASDAQ:AGNC) last announced its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.67 EPS for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.07. The company had revenue of $181.00 million for the quarter, compared to analysts’ expectations of $203.44 million. American Capital Agency Corp. had a net margin of 161.49% and a return on equity of 12.08%. American Capital Agency Corp.’s revenue was down 16.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.73 EPS. Equities research analysts forecast that American Capital Agency Corp. will post $2.53 EPS for the current fiscal year.

The firm also recently declared a sep 17 dividend, which will be paid on Tuesday, October 10th. Investors of record on Friday, September 29th will be paid a dividend of $0.18 per share. The ex-dividend date is Thursday, September 28th. American Capital Agency Corp.’s payout ratio is currently 44.63%.

Several equities analysts have recently issued reports on the company. Credit Suisse Group reiterated a “hold” rating and set a $20.00 price target on shares of American Capital Agency Corp. in a research report on Friday, July 28th. Zacks Investment Research cut American Capital Agency Corp. from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $19.50 target price on shares of American Capital Agency Corp. in a report on Tuesday, May 30th. BidaskClub upgraded American Capital Agency Corp. from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Finally, Maxim Group restated a “buy” rating and issued a $21.25 target price on shares of American Capital Agency Corp. in a report on Thursday, July 27th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $20.14.

American Capital Agency Corp. Company 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).

Institutional Ownership by Quarter for American Capital Agency Corp. (NASDAQ:AGNC)

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