IFP Advisors Inc Sells 48,130 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

IFP Advisors Inc reduced its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 90.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,218 shares of the real estate investment trust's stock after selling 48,130 shares during the quarter. IFP Advisors Inc's holdings in AGNC Investment were worth $48,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AGNC. Vaughan Nelson Investment Management L.P. raised its holdings in AGNC Investment by 200.5% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust's stock valued at $151,113,000 after buying an additional 9,639,675 shares during the last quarter. Natixis Advisors LLC raised its holdings in AGNC Investment by 314.8% in the 3rd quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust's stock worth $40,196,000 after purchasing an additional 2,916,345 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in AGNC Investment by 115.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,912,694 shares of the real estate investment trust's stock worth $20,007,000 after purchasing an additional 1,023,275 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in AGNC Investment by 383.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 949,369 shares of the real estate investment trust's stock worth $9,930,000 after purchasing an additional 753,102 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its holdings in AGNC Investment by 3,409.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 696,095 shares of the real estate investment trust's stock worth $7,281,000 after purchasing an additional 676,259 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors.

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Insider Activity

In other news, CFO Bernice Bell sold 13,000 shares of the firm's stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total transaction of $130,520.00. Following the sale, the chief financial officer now owns 372,226 shares of the company's stock, valued at $3,737,149.04. This trade represents a 3.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Frances Spark sold 5,000 shares of the firm's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total transaction of $50,500.00. Following the sale, the director now directly owns 75,919 shares in the company, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.52% of the company's stock.

Analysts Set New Price Targets

AGNC has been the subject of several research reports. JPMorgan Chase & Co. decreased their price target on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating for the company in a research note on Monday, December 9th. Argus upgraded shares of AGNC Investment to a "hold" rating in a research note on Tuesday, February 4th. StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. Keefe, Bruyette & Woods decreased their price target on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a research note on Wednesday, January 29th. Finally, Wells Fargo & Company decreased their price target on shares of AGNC Investment from $12.00 to $11.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, AGNC Investment presently has an average rating of "Moderate Buy" and an average target price of $10.50.

AGNC Investment Stock Up 2.4 %

AGNC stock traded up $0.24 during trading on Friday, hitting $10.38. 28,428,240 shares of the stock traded hands, compared to its average volume of 15,700,223. AGNC Investment Corp. has a 1 year low of $8.92 and a 1 year high of $10.85. The firm's 50 day moving average is $9.91 and its two-hundred day moving average is $9.93. The stock has a market cap of $9.50 billion, a price-to-earnings ratio of 10.70 and a beta of 1.50. 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 - Get Free Report) last announced its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 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%. On average, sell-side analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The business also recently declared a feb 25 dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.12 per share. This represents a dividend yield of 13.8%. The ex-dividend date of this dividend is Friday, February 28th. AGNC Investment's payout ratio is presently 148.45%.

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).