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

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report)'s stock price was down 0.4% during mid-day trading on Monday after an insider sold shares in the company. The company traded as low as $9.69 and last traded at $9.94. Approximately 9,432,949 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 19,332,146 shares. The stock had previously closed at $9.97.

Specifically, CFO Bernice Bell sold 13,000 shares of the business's stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total transaction 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. The trade was a 3.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on AGNC shares. Wells Fargo & Company decreased their target price 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. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods cut their price target on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a research note on Wednesday, January 29th. JPMorgan Chase & Co. lowered their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a research note on Monday, December 9th. Finally, StockNews.com lowered shares of AGNC Investment from a "hold" rating to a "sell" rating in a research report on Saturday, October 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, AGNC Investment currently has a consensus rating of "Moderate Buy" and an average target price of $10.50.

AGNC Investment Stock Up 1.2 %

The stock has a market capitalization of $8.92 billion, a P/E ratio of 10.38 and a beta of 1.48. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The company's 50-day moving average price is $9.54 and its 200 day moving average price is $9.88.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted 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 return on equity of 21.92% and a net margin of 29.26%. As a group, equities analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vaughan Nelson Investment Management L.P. lifted its position in shares of AGNC Investment by 200.5% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust's stock worth $151,113,000 after buying an additional 9,639,675 shares in the last quarter. Geode Capital Management LLC increased its stake in AGNC Investment by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 12,303,616 shares of the real estate investment trust's stock worth $128,730,000 after acquiring an additional 242,640 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of AGNC Investment by 5.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,662,954 shares of the real estate investment trust's stock valued at $80,392,000 after acquiring an additional 424,990 shares during the last quarter. Equity Investment Corp boosted its position in shares of AGNC Investment by 2.1% during the 3rd quarter. Equity Investment Corp now owns 7,274,167 shares of the real estate investment trust's stock valued at $76,088,000 after acquiring an additional 149,775 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of AGNC Investment by 2.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,768,305 shares of the real estate investment trust's stock valued at $70,796,000 after purchasing an additional 162,152 shares in the last quarter. Institutional investors own 38.28% of the company's stock.

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).