AGNC Investment Corp. (NASDAQ:AGNC) CFO Bernice Bell Sells 13,000 Shares

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following 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 SEC, which is accessible through this link.

AGNC Investment Stock Up 1.2 %

Shares of AGNC stock traded up $0.12 on Tuesday, hitting $10.07. The stock had a trading volume of 20,698,989 shares, compared to its average volume of 20,061,549. 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 $9.54 and a 200 day moving average of $9.88. AGNC Investment Corp. has a 12-month low of $8.92 and a 12-month high of $10.85. The stock has a market cap of $8.92 billion, a price-to-earnings ratio of 10.38 and a beta of 1.48.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings data 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, analysts expect that AGNC Investment Corp. will post 1.61 EPS 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. Stockholders of record on Friday, January 31st will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, January 31st. This represents a dividend yield of 15.5%. AGNC Investment's payout ratio is currently 148.46%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AGNC. Wells Fargo & Company lowered their price objective on AGNC Investment from $12.00 to $11.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. StockNews.com lowered shares of AGNC Investment from a "hold" rating to a "sell" rating in a research note on Saturday, October 19th. Royal Bank of Canada reiterated an "outperform" rating and set a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. Keefe, Bruyette & Woods lowered their target price on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. cut their price target on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a report on Monday, December 9th. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $10.50.

Institutional Investors Weigh In On AGNC Investment

A number of hedge funds have recently modified their holdings of AGNC. Riverview Trust Co bought a new stake in shares of AGNC Investment in the third quarter valued at $25,000. Financial Life Planners purchased a new stake in AGNC Investment in the 4th quarter worth about $28,000. Point72 Asset Management L.P. bought a new stake in AGNC Investment in the 3rd quarter valued at about $32,000. Northwestern Mutual Wealth Management Co. lifted its holdings in AGNC Investment by 52.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust's stock valued at $35,000 after purchasing an additional 1,255 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in AGNC Investment by 315.9% during the third 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 period. 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).