Davidson Investment Advisors Decreases Position in AGNC Investment Corp. (NASDAQ:AGNC)

Davidson Investment Advisors lowered its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 2.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,327,270 shares of the real estate investment trust's stock after selling 96,198 shares during the quarter. AGNC Investment makes up approximately 1.5% of Davidson Investment Advisors' portfolio, making the stock its 16th largest holding. Davidson Investment Advisors owned about 0.38% of AGNC Investment worth $30,644,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Financial Life Planners bought a new position in shares of AGNC Investment in the fourth quarter worth approximately $28,000. Point72 Asset Management L.P. purchased a new position in AGNC Investment during the 3rd quarter valued at about $32,000. Blue Trust Inc. increased its holdings in 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 valued at $37,000 after purchasing an additional 2,966 shares during the period. Spire Wealth Management grew its position in shares of AGNC Investment by 94.5% in the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock worth $37,000 after buying an additional 1,972 shares during the last quarter. Finally, Huntington National Bank grew its position in shares of AGNC Investment by 105.7% in the 3rd quarter. Huntington National Bank now owns 6,705 shares of the real estate investment trust's stock worth $70,000 after buying an additional 3,445 shares during the last quarter. Institutional investors own 38.28% of the company's stock.

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Insiders Place Their Bets

In other news, CFO Bernice Bell sold 13,000 shares of the 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 transaction, the chief financial officer now directly owns 372,226 shares in the company, valued at approximately $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 Securities & Exchange Commission, which is accessible through this link. Also, Director Frances Spark sold 5,000 shares of the business's 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 transaction, the director now directly owns 75,919 shares of the company's stock, valued at $766,781.90. This trade represents a 6.18 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.52% of the company's stock.

Analyst Upgrades and Downgrades

AGNC has been the subject of several research analyst reports. Keefe, Bruyette & Woods dropped their target price on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a research report on Wednesday, January 29th. Wells Fargo & Company reduced their price objective 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. JPMorgan Chase & Co. decreased their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating for the company in a report on Monday, December 9th. Argus raised AGNC Investment to a "hold" rating in a research report on Tuesday, February 4th. Finally, JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $10.50.

AGNC Investment Trading Up 0.1 %

Shares of AGNC stock traded up $0.01 during trading hours on Friday, reaching $10.54. 32,458,184 shares of the stock were exchanged, compared to its average volume of 19,638,191. The firm has a market capitalization of $9.33 billion, a price-to-earnings ratio of 10.87 and a beta of 1.48. AGNC Investment Corp. has a 12-month low of $8.92 and a 12-month high of $10.85. The company's 50-day moving average price is $9.72 and its 200-day moving average price is $9.91. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing the consensus estimate 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 anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

The company also recently disclosed a feb 25 dividend, which will be paid on Tuesday, March 11th. Investors of record on Friday, February 28th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a yield of 13.8%. AGNC Investment's dividend payout ratio (DPR) is currently 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).