Global Retirement Partners LLC Has $345,000 Position in AGNC Investment Corp. (NASDAQ:AGNC)

Global Retirement Partners LLC lessened its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 65.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,426 shares of the real estate investment trust's stock after selling 69,853 shares during the quarter. Global Retirement Partners LLC's holdings in AGNC Investment were worth $345,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. CIBC Asset Management Inc lifted its position in AGNC Investment by 5.3% during the 4th quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust's stock worth $197,000 after buying an additional 1,075 shares in the last quarter. Armstrong Advisory Group Inc. increased its position in shares of AGNC Investment by 6.6% in the fourth quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust's stock valued at $170,000 after acquiring an additional 1,150 shares during the last quarter. Garden State Investment Advisory Services LLC raised its holdings in AGNC Investment by 10.0% during the third quarter. Garden State Investment Advisory Services LLC now owns 12,947 shares of the real estate investment trust's stock worth $135,000 after acquiring an additional 1,176 shares in the last quarter. Hollencrest Capital Management boosted its position in AGNC Investment by 0.6% during the third quarter. Hollencrest Capital Management now owns 222,450 shares of the real estate investment trust's stock valued at $2,327,000 after purchasing an additional 1,290 shares during the last quarter. Finally, Harbour Investments Inc. boosted its position in AGNC Investment by 4.2% during the third quarter. Harbour Investments Inc. now owns 34,618 shares of the real estate investment trust's stock valued at $362,000 after purchasing an additional 1,391 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

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Insider Activity

In other AGNC Investment news, 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 in the company, valued at $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Frances Spark sold 5,000 shares of the business's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total value of $50,500.00. Following 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. Corporate insiders own 0.43% of the company's stock.

AGNC Investment Price Performance

NASDAQ:AGNC traded up $0.13 during trading hours on Friday, reaching $10.43. 21,972,412 shares of the company were exchanged, compared to its average volume of 20,262,295. The company has a market capitalization of $9.23 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 current ratio of 0.23 and a quick ratio of 0.23. The business has a 50 day moving average of $9.80 and a 200 day moving average of $9.92. AGNC Investment Corp. has a 1-year low of $8.92 and a 1-year high of $10.85.

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 (EPS) 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%. Research analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AGNC. Royal Bank of Canada reiterated an "outperform" rating and set a $11.00 price objective on shares of AGNC Investment in a research note on Thursday, January 30th. Argus raised shares of AGNC Investment to a "hold" rating in a research report on Tuesday, February 4th. 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 research report on Monday, December 9th. Keefe, Bruyette & Woods reduced their target price on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. Finally, Wells Fargo & Company lowered their price target on shares of AGNC Investment from $12.00 to $11.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $10.50.

AGNC Investment 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).