AGNC Investment (NASDAQ:AGNC) Shares Down 0.4% on Insider Selling

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) traded down 0.4% during mid-day trading on Monday following insider selling activity. The stock traded as low as $9.69 and last traded at $9.94. Approximately 9,432,949 shares changed hands during trading, a decline of 51% from the average session volume of 19,332,146 shares. The stock had previously closed at $9.97.

Specifically, CFO Bernice Bell sold 13,000 shares of the firm'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 transaction of $130,520.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Wall Street Analyst Weigh In

AGNC has been the topic of a number of research analyst reports. StockNews.com cut AGNC Investment from a "hold" rating to a "sell" rating in a report on Saturday, October 19th. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. 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. Keefe, Bruyette & Woods cut their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research report on Wednesday, January 29th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $11.00 target price on shares of AGNC Investment in a research report on Thursday, January 30th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, AGNC Investment has an average rating of "Moderate Buy" and a consensus target price of $10.50.

AGNC Investment Trading Up 1.2 %

The stock has a market capitalization of $8.92 billion, a PE ratio of 10.38 and a beta of 1.48. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The firm has a 50 day moving average price of $9.53 and a 200 day moving average price of $9.88.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly 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 analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently declared a jan 25 dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be issued a dividend of $0.12 per share. This represents a yield of 15.5%. The ex-dividend date of this dividend is Friday, January 31st. AGNC Investment's dividend payout ratio (DPR) is presently 148.46%.

Institutional Investors Weigh In On AGNC Investment

Several institutional investors and hedge funds have recently added to or reduced their stakes in AGNC. Riverview Trust Co purchased a new position in shares of AGNC Investment in the 3rd quarter worth about $25,000. Financial Life Planners bought a new stake in AGNC Investment in the fourth quarter worth about $28,000. Point72 Asset Management L.P. purchased a new position in AGNC Investment in the third quarter valued at about $32,000. Northwestern Mutual Wealth Management Co. grew its position in shares of AGNC Investment by 52.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust's stock valued at $35,000 after acquiring an additional 1,255 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of AGNC Investment by 315.9% during the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 2,966 shares during the last quarter. Hedge funds and other 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).