AGNC Investment Corp. (NASDAQ:AGNC) Director Frances Spark Sells 5,000 Shares of Stock

AGNC Investment Corp. (NASDAQ:AGNC) Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the sale, the director now directly owns 75,919 shares of the company’s stock, valued at approximately $766,781.90. This represents a 6.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

AGNC Investment Trading Up 0.3 %

NASDAQ:AGNC opened at $10.14 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. AGNC Investment Corp. has a one year low of $8.92 and a one year high of $10.85. The business’s 50-day simple moving average is $9.55 and its 200 day simple moving average is $9.88. The stock has a market cap of $8.98 billion, a price-to-earnings ratio of 10.45 and a beta of 1.48.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. As a group, sell-side analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently declared a jan 25 dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be given a dividend of $0.12 per share. This represents a dividend yield of 15.5%. The ex-dividend date of this dividend is Friday, January 31st. AGNC Investment’s payout ratio is 148.46%.

Analysts Set New Price Targets

A number of brokerages have recently commented on AGNC. Argus raised AGNC Investment to a “hold” rating in a research report on Tuesday. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods lowered their price target on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, AGNC Investment currently has a consensus rating of “Moderate Buy” and an average target price of $10.50.

Hedge Funds Weigh In On AGNC Investment

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Callan Family Office LLC bought a new stake in shares of AGNC Investment during the 4th quarter worth $154,000. Inceptionr LLC increased its position in AGNC Investment by 50.1% during the fourth quarter. Inceptionr LLC now owns 38,710 shares of the real estate investment trust’s stock worth $357,000 after buying an additional 12,922 shares during the last quarter. Raymond James Financial Inc. acquired a new position in AGNC Investment during the fourth quarter worth $39,840,000. Arizona State Retirement System increased its position in AGNC Investment by 7.1% during the fourth quarter. Arizona State Retirement System now owns 226,968 shares of the real estate investment trust’s stock worth $2,090,000 after buying an additional 15,061 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in shares of AGNC Investment in the fourth quarter valued at about $222,000. 38.28% of the stock is owned by institutional investors.

AGNC Investment 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).