AGNC Investment Corp. (NASDAQ:AGNC) Shares Sold by Equity Investment Corp

Equity Investment Corp lowered its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,832,381 shares of the real estate investment trust's stock after selling 441,786 shares during the period. Equity Investment Corp owned 0.77% of AGNC Investment worth $62,926,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Financial Life Planners acquired a new stake in AGNC Investment in the 4th quarter worth about $28,000. Point72 Asset Management L.P. acquired a new stake in AGNC Investment in the 3rd quarter worth about $32,000. Blue Trust Inc. boosted its stake in AGNC Investment by 315.9% in the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust's stock worth $37,000 after buying an additional 2,966 shares during the last quarter. Spire Wealth Management boosted its stake in 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, Strategic Financial Concepts LLC boosted its stake in AGNC Investment by 775.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust's stock worth $54,000 after buying an additional 515,148 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

Analyst Upgrades and Downgrades

AGNC has been the topic of a number of research analyst reports. StockNews.com raised AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. Argus upgraded AGNC Investment to a "hold" rating in a report on Tuesday, February 4th. Keefe, Bruyette & Woods cut their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a report on Wednesday, January 29th. JPMorgan Chase & Co. cut their price objective on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a report on Monday, December 9th. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $11.00 price objective on shares of AGNC Investment in a report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, AGNC Investment has a consensus rating of "Moderate Buy" and a consensus target price of $10.50.

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AGNC Investment Stock Up 0.0 %

Shares of NASDAQ:AGNC traded up $0.01 during mid-day trading on Friday, hitting $10.43. 21,993,215 shares of the company traded hands, compared to its average volume of 20,264,531. The firm has a market cap of $9.54 billion, a P/E ratio of 10.75 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. AGNC Investment Corp. has a 52-week low of $8.92 and a 52-week high of $10.85. The firm's 50 day simple moving average is $9.82 and its 200 day simple moving average is $9.92.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its earnings results 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, equities analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

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

Insiders Place Their Bets

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of AGNC Investment 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 sale, the director now directly owns 75,919 shares in the company, valued at $766,781.90. The trade was a 6.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following the sale, the chief financial officer now owns 372,226 shares in the company, valued at $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.52% of the stock is owned by company insiders.

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).