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

AGNC Investment Corp. (NASDAQ:AGNC) CFO Bernice Bell sold 13,000 shares of the company’s 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 completion of the sale, the chief financial officer now directly owns 372,226 shares of the company’s stock, valued at $3,737,149.04. The trade was a 3.37 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

AGNC Investment Stock Performance

Shares of NASDAQ AGNC opened at $9.95 on Tuesday. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The firm’s 50-day moving average price is $9.53 and its two-hundred day moving average price is $9.88. AGNC Investment Corp. has a 52-week low of $8.92 and a 52-week high of $10.85. The stock has a market capitalization of $8.81 billion, a P/E ratio of 10.26 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. As a group, sell-side analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

The firm also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be issued a $0.12 dividend. This represents a yield of 15.5%. The ex-dividend date is Friday, January 31st. AGNC Investment’s dividend payout ratio (DPR) is 148.45%.

Wall Street Analysts Forecast Growth

AGNC has been the topic of a number of recent analyst reports. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. Keefe, Bruyette & Woods lowered their price objective on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a research note on Wednesday, January 29th. StockNews.com downgraded shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Wells Fargo & Company reduced their price objective on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $11.00 target price on shares of AGNC Investment in a research report on Thursday, January 30th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of AGNC. Hsbc Holdings PLC acquired a new position in AGNC Investment during the 2nd quarter valued at about $157,000. Bank of Montreal Can lifted its holdings in shares of AGNC Investment by 4.7% in the second quarter. Bank of Montreal Can now owns 39,968 shares of the real estate investment trust’s stock valued at $390,000 after buying an additional 1,777 shares during the period. AQR Capital Management LLC acquired a new position in AGNC Investment during the second quarter worth about $163,000. The Manufacturers Life Insurance Company raised its position in AGNC Investment by 11.4% in the second quarter. The Manufacturers Life Insurance Company now owns 183,911 shares of the real estate investment trust’s stock worth $1,755,000 after acquiring an additional 18,864 shares in the last quarter. Finally, Algert Global LLC bought a new position in shares of AGNC Investment during the 2nd quarter valued at about $668,000. 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).