DDD Partners LLC Sells 9,864 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

DDD Partners LLC reduced its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 35.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 18,058 shares of the real estate investment trust’s stock after selling 9,864 shares during the quarter. DDD Partners LLC’s holdings in AGNC Investment were worth $166,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Financial Life Planners purchased a new position in shares of AGNC Investment in the 4th quarter worth $28,000. Point72 Asset Management L.P. purchased a new position in AGNC Investment in the third quarter worth about $32,000. Blue Trust Inc. increased its stake 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 acquiring an additional 2,966 shares during the last quarter. Spire Wealth Management raised its position in AGNC Investment by 94.5% during the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 1,972 shares during the period. Finally, Strategic Financial Concepts LLC lifted its stake in shares of AGNC Investment by 775.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 515,148 shares during the last quarter. Institutional investors own 38.28% of the company’s stock.

AGNC Investment Stock Performance

AGNC Investment stock opened at $10.43 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The company has a market capitalization of $9.24 billion, a PE ratio of 10.75 and a beta of 1.48. The company has a 50 day moving average price of $9.63 and a 200-day moving average price of $9.89. AGNC Investment Corp. has a fifty-two week low of $8.92 and a fifty-two week high of $10.85.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share 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, equities analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The firm 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 dividend of $0.12 per share. This represents a yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment’s payout ratio is 148.45%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Keefe, Bruyette & Woods cut their target price on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research report on Wednesday, January 29th. Royal Bank of Canada reissued an “outperform” rating and issued a $11.00 target price on shares of AGNC Investment in a research note on Thursday, January 30th. JPMorgan Chase & Co. dropped their price target on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research note on Monday, December 9th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. Finally, Argus raised shares of AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.50.

Insider Buying and Selling at AGNC Investment

In other news, Director Frances Spark sold 5,000 shares of AGNC Investment 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 in the company, valued at approximately $766,781.90. This trade represents a 6.18 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the business’s stock in a transaction 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 completion of the transaction, the chief financial officer now directly owns 372,226 shares of the company’s stock, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.52% of the company’s stock.

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).