Davidson Investment Advisors Sells 96,198 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Davidson Investment Advisors lowered its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 2.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,327,270 shares of the real estate investment trust’s stock after selling 96,198 shares during the quarter. AGNC Investment accounts for about 1.5% of Davidson Investment Advisors’ investment portfolio, making the stock its 16th largest position. Davidson Investment Advisors owned about 0.38% of AGNC Investment worth $30,644,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Atria Wealth Solutions Inc. grew its stake in shares of AGNC Investment by 10.5% during the fourth quarter. Atria Wealth Solutions Inc. now owns 452,530 shares of the real estate investment trust’s stock worth $4,204,000 after purchasing an additional 43,082 shares during the period. D.A. Davidson & CO. raised its holdings in AGNC Investment by 6.6% during the fourth quarter. D.A. Davidson & CO. now owns 23,517 shares of the real estate investment trust’s stock worth $217,000 after acquiring an additional 1,449 shares in the last quarter. CIBC Asset Management Inc raised its holdings in AGNC Investment by 5.3% during the fourth quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust’s stock worth $197,000 after acquiring an additional 1,075 shares in the last quarter. Sanctuary Advisors LLC raised its stake in AGNC Investment by 12.6% in the fourth quarter. Sanctuary Advisors LLC now owns 44,953 shares of the real estate investment trust’s stock valued at $453,000 after buying an additional 5,022 shares during the period. Finally, Retirement Income Solutions Inc raised its stake in AGNC Investment by 27.3% in the fourth quarter. Retirement Income Solutions Inc now owns 13,380 shares of the real estate investment trust’s stock valued at $123,000 after buying an additional 2,873 shares during the period. Institutional investors and hedge funds own 38.28% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Bernice Bell sold 13,000 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the transaction, the chief financial officer now directly owns 372,226 shares of the company’s stock, valued at $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Frances Spark sold 5,000 shares of the company’s stock in a transaction that occurred 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.52% of the company’s stock.

AGNC Investment Stock Up 1.1 %

Shares of NASDAQ:AGNC opened at $10.43 on Tuesday. The company has a market capitalization of $9.24 billion, a price-to-earnings ratio of 10.75 and a beta of 1.48. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The business’s 50-day moving average is $9.65 and its 200-day moving average is $9.89. AGNC Investment Corp. has a 1 year low of $8.92 and a 1 year high of $10.85.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. Equities research analysts predict 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 feb 25 dividend, which will be paid on Tuesday, March 11th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.12 per share. This represents a yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment’s dividend payout ratio is currently 148.46%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on AGNC shares. Wells Fargo & Company decreased their target price on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. JPMorgan Chase & Co. reduced their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research report on Monday, December 9th. Argus raised AGNC Investment to a “hold” rating in a research report on Tuesday, February 4th. Finally, Keefe, Bruyette & Woods reduced their price target on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $10.50.

About AGNC Investment

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).