AGNC Investment Corp. (NASDAQ:AGNC) EVP Bernice Bell Sells 8,000 Shares of Stock

AGNC Investment Corp. (NASDAQ:AGNC) EVP Bernice Bell sold 8,000 shares of the company’s stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $8.88, for a total value of $71,040.00. Following the completion of the transaction, the executive vice president now directly owns 374,019 shares in the company, valued at $3,321,288.72. This trade represents a 2.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

AGNC Investment Trading Down 0.2 %

Shares of AGNC Investment stock opened at $8.81 on Friday. AGNC Investment Corp. has a 1-year low of $7.85 and a 1-year high of $10.85. The company’s fifty day simple moving average is $9.43 and its 200-day simple moving average is $9.63. 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 stock has a market capitalization of $8.07 billion, a PE ratio of 9.08 and a beta of 1.32.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. The company had revenue of $846.00 million during the quarter, compared to analyst estimates of $436.71 million. During the same period in the prior year, the firm posted $0.58 EPS. As a group, equities analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

The firm also recently declared a apr 25 dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 30th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a yield of 17.7%. AGNC Investment’s dividend payout ratio is presently 360.00%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on AGNC shares. JPMorgan Chase & Co. lowered their price target on AGNC Investment from $9.50 to $8.50 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Argus reaffirmed a “hold” rating on shares of AGNC Investment in a report on Tuesday. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. Jones Trading dropped their target price on shares of AGNC Investment from $10.25 to $9.50 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. Finally, Wells Fargo & Company decreased their target price on shares of AGNC Investment from $11.00 to $10.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $9.96.

Hedge Funds Weigh In On AGNC Investment

A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of AGNC Investment by 14.1% in the fourth quarter. Vanguard Group Inc. now owns 83,316,872 shares of the real estate investment trust’s stock worth $767,348,000 after buying an additional 10,316,999 shares in the last quarter. Norges Bank purchased a new stake in AGNC Investment in the 4th quarter worth $87,269,000. PL Capital Advisors LLC lifted its stake in AGNC Investment by 821.0% in the 4th quarter. PL Capital Advisors LLC now owns 5,464,956 shares of the real estate investment trust’s stock worth $50,332,000 after purchasing an additional 4,871,584 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of AGNC Investment during the 4th quarter valued at about $39,840,000. Finally, Vaughan Nelson Investment Management L.P. increased its holdings in shares of AGNC Investment by 18.0% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 16,996,741 shares of the real estate investment trust’s stock worth $162,828,000 after purchasing an additional 2,589,020 shares during the last quarter. Institutional investors own 38.28% of the company’s stock.

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).