AGNC Investment Corp. (NASDAQ:AGNC) Shares Sold by E&G Advisors LP

E&G Advisors LP cut its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 15.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,055 shares of the real estate investment trust’s stock after selling 1,800 shares during the period. E&G Advisors LP’s holdings in AGNC Investment were worth $93,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of AGNC. Financial Life Planners acquired a new stake in AGNC Investment during the 4th quarter worth $28,000. Spire Wealth Management lifted its holdings in shares of AGNC Investment by 94.5% in the 4th 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 last quarter. Fortitude Advisory Group L.L.C. boosted its position in shares of AGNC Investment by 87.6% in the 4th quarter. Fortitude Advisory Group L.L.C. now owns 98,144 shares of the real estate investment trust’s stock valued at $904,000 after purchasing an additional 45,815 shares during the period. KBC Group NV grew its stake in AGNC Investment by 67.7% during the 4th quarter. KBC Group NV now owns 30,317 shares of the real estate investment trust’s stock worth $279,000 after buying an additional 12,234 shares during the last quarter. Finally, PFG Investments LLC increased its position in AGNC Investment by 58.7% during the fourth quarter. PFG Investments LLC now owns 209,350 shares of the real estate investment trust’s stock worth $1,928,000 after buying an additional 77,439 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Keefe, Bruyette & Woods reduced their target price on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a report on Wednesday, January 29th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Royal Bank of Canada restated an “outperform” rating and issued a $11.00 price target on shares of AGNC Investment in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. lowered their target price on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research note on Monday, December 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $10.50.

Insiders Place Their Bets

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction that occurred on Thursday, January 30th. The shares were 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 approximately $3,737,149.04. The trade was a 3.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.52% of the stock is currently owned by company insiders.

AGNC Investment Price Performance

AGNC Investment stock opened at $9.95 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. AGNC Investment Corp. has a one year low of $8.92 and a one year high of $10.85. The company has a market cap of $8.81 billion, a P/E ratio of 10.26 and a beta of 1.47. The business has a fifty day moving average of $9.53 and a two-hundred day moving average of $9.88.

AGNC Investment (NASDAQ:AGNC) last released 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 net margin of 29.26% and a return on equity of 21.92%. As a group, analysts predict 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 jan 25 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a yield of 15.5%. AGNC Investment’s dividend payout ratio (DPR) is currently 148.45%.

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).