RBF Capital LLC Lowers Stock Position in AGNC Investment Corp. (NASDAQ:AGNC)

RBF Capital LLC decreased its position in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 34.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 230,000 shares of the real estate investment trust's stock after selling 120,000 shares during the period. RBF Capital LLC's holdings in AGNC Investment were worth $2,118,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Life Planners bought a new position in AGNC Investment in the 4th quarter valued at $28,000. National Bank of Canada FI increased its stake in AGNC Investment by 112.7% in the 4th quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 1,832 shares during the last quarter. Spire Wealth Management boosted its position in shares of AGNC Investment by 94.5% during the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 1,972 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its holdings in shares of AGNC Investment by 150.0% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 5,000 shares of the real estate investment trust's stock worth $46,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Front Row Advisors LLC increased its position in shares of AGNC Investment by 75.0% in the fourth quarter. Front Row Advisors LLC now owns 7,000 shares of the real estate investment trust's stock worth $65,000 after purchasing an additional 3,000 shares during the last quarter. Institutional investors own 38.28% of the company's stock.

Insider Buying and Selling

In related news, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the sale, the director now owns 75,919 shares in the company, valued at $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Bernice Bell sold 13,000 shares of the company's stock in a transaction on Thursday, January 30th. The stock was 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 owns 372,226 shares of the company's stock, valued at $3,737,149.04. This trade represents a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is owned by insiders.

AGNC Investment Trading Up 1.5 %

AGNC stock traded up $0.13 during midday trading on Friday, hitting $8.85. The company had a trading volume of 36,518,210 shares, compared to its average volume of 19,099,055. The stock has a market cap of $8.10 billion, a price-to-earnings ratio of 9.12 and a beta of 1.32. AGNC Investment Corp. has a 52 week low of $7.85 and a 52 week high of $10.85. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The stock's 50 day moving average price is $9.56 and its 200 day moving average price is $9.67.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings results on Monday, April 21st. The real estate investment trust reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.03. The company had revenue of $846.00 million during the quarter, compared to analyst estimates of $436.71 million. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. During the same period in the prior year, the business posted $0.58 EPS. As a group, equities research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently announced a apr 25 dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 30th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a dividend yield of 17.7%. AGNC Investment's payout ratio is presently 360.00%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Royal Bank of Canada reiterated an "outperform" rating and set a $11.00 target price on shares of AGNC Investment in a research report on Thursday, January 30th. Wells Fargo & Company cut their target price on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a research report on Tuesday. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. JPMorgan Chase & Co. dropped their price target on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Finally, Argus raised AGNC Investment to a "hold" rating in a research note on Tuesday, February 4th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, AGNC Investment has an average rating of "Moderate Buy" and a consensus price target of $10.11.

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).