Sigma Planning Corp Grows Position in AGNC Investment Corp. (NASDAQ:AGNC)

Sigma Planning Corp grew its position in AGNC Investment Corp. (NASDAQ:AGNC) by 2.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 125,045 shares of the real estate investment trust’s stock after acquiring an additional 3,276 shares during the quarter. Sigma Planning Corp’s holdings in AGNC Investment were worth $1,152,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. CIBC Asset Management Inc raised its position in AGNC Investment by 5.3% in the 4th quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust’s stock valued at $197,000 after purchasing an additional 1,075 shares during the last quarter. Armstrong Advisory Group Inc. raised its holdings in shares of AGNC Investment by 6.6% in the fourth quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust’s stock valued at $170,000 after buying an additional 1,150 shares during the last quarter. Garden State Investment Advisory Services LLC boosted its stake in shares of AGNC Investment by 10.0% during the third quarter. Garden State Investment Advisory Services LLC now owns 12,947 shares of the real estate investment trust’s stock worth $135,000 after buying an additional 1,176 shares during the period. Hollencrest Capital Management grew its holdings in shares of AGNC Investment by 0.6% during the third quarter. Hollencrest Capital Management now owns 222,450 shares of the real estate investment trust’s stock worth $2,327,000 after buying an additional 1,290 shares during the last quarter. Finally, Harbour Investments Inc. increased its position in AGNC Investment by 4.2% in the 3rd quarter. Harbour Investments Inc. now owns 34,618 shares of the real estate investment trust’s stock valued at $362,000 after acquiring an additional 1,391 shares during the period. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. JPMorgan Chase & Co. decreased their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a report on Monday, December 9th. Wells Fargo & Company dropped their price objective on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Argus upgraded shares of AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a report on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, AGNC Investment currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.50.

Insider Activity

In related news, CFO Bernice Bell sold 13,000 shares of the business’s stock in a transaction dated Thursday, January 30th. The shares were 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 owns 372,226 shares of the company’s stock, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction 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 $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.52% of the company’s stock.

AGNC Investment Stock Performance

NASDAQ AGNC opened at $10.49 on Tuesday. The business has a 50 day moving average price of $9.74 and a 200 day moving average price of $9.91. The company has a market capitalization of $9.29 billion, a P/E ratio of 10.81 and a beta of 1.48. AGNC Investment Corp. has a 1-year low of $8.92 and a 1-year high of $10.85. 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 (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share 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%. Sell-side analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently declared a feb 25 dividend, which will be paid on Tuesday, March 11th. Shareholders of record on Friday, February 28th will be issued a $0.12 dividend. This represents a dividend yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment’s dividend payout ratio (DPR) is presently 148.46%.

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).