TrueMark Investments LLC Has $1.11 Million Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

TrueMark Investments LLC cut its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 34.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 120,685 shares of the real estate investment trust's stock after selling 64,482 shares during the period. TrueMark Investments LLC's holdings in AGNC Investment were worth $1,112,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in AGNC Investment by 14.1% during the 4th quarter. Vanguard Group Inc. now owns 83,316,872 shares of the real estate investment trust's stock worth $767,348,000 after buying an additional 10,316,999 shares in the last quarter. PL Capital Advisors LLC increased its position in shares of AGNC Investment by 821.0% in the fourth quarter. PL Capital Advisors LLC now owns 5,464,956 shares of the real estate investment trust's stock valued at $50,332,000 after acquiring an additional 4,871,584 shares during the last quarter. Raymond James Financial Inc. acquired a new position in AGNC Investment during the fourth quarter valued at approximately $39,840,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in AGNC Investment by 115.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,912,694 shares of the real estate investment trust's stock valued at $20,007,000 after purchasing an additional 1,023,275 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of AGNC Investment by 383.7% in the third quarter. BNP Paribas Financial Markets now owns 949,369 shares of the real estate investment trust's stock valued at $9,930,000 after buying an additional 753,102 shares in the last quarter. Institutional investors own 38.28% of the company's stock.

AGNC Investment Price Performance

AGNC stock traded down $0.24 during midday trading on Friday, reaching $9.52. 34,346,531 shares of the stock were exchanged, compared to its average volume of 16,676,687. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85. The company has a fifty day moving average price of $10.14 and a 200 day moving average price of $9.91. 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 stock has a market capitalization of $8.72 billion, a PE ratio of 9.81 and a beta of 1.50.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly 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, analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently declared a mar 25 dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.12 per share. This represents a dividend yield of 14.1%. The ex-dividend date of this dividend is Monday, March 31st. AGNC Investment's payout ratio is currently 148.45%.

Wall Street Analyst Weigh In

AGNC has been the topic of a number of recent analyst reports. Royal Bank of Canada reissued an "outperform" rating and set a $11.00 target price on shares of AGNC Investment in a report on Thursday, January 30th. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. JPMorgan Chase & Co. decreased their target price on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a report on Monday, December 9th. Argus upgraded shares of AGNC Investment to a "hold" rating in a research report on Tuesday, February 4th. Finally, StockNews.com upgraded AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $10.50.

Insider Transactions at AGNC Investment

In related news, CFO Bernice Bell sold 13,000 shares of the company's 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 directly 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Frances Spark sold 5,000 shares of the firm'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 transaction, the director now owns 75,919 shares of the company's stock, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.42% 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).