Frances Spark Sells 5,000 Shares of AGNC Investment Corp. (NASDAQ:AGNC) Stock

AGNC Investment Corp. (NASDAQ:AGNC) Director Frances Spark sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total transaction of $50,500.00. Following the sale, the director now owns 75,919 shares in the company, valued at $766,781.90. This represents a 6.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

AGNC Investment Stock Up 0.3 %

Shares of AGNC traded up $0.03 during mid-day trading on Thursday, hitting $10.14. 13,005,160 shares of the company’s stock were exchanged, compared to its average volume of 19,785,186. 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 has a fifty day moving average of $9.55 and a two-hundred day moving average of $9.88. The stock has a market cap of $8.98 billion, a price-to-earnings ratio of 10.45 and a beta of 1.48. AGNC Investment Corp. has a twelve month low of $8.92 and a twelve month high of $10.85.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) 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%. On average, sell-side analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

The company 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 dividend of $0.12 per share. This represents a dividend yield of 15.5%. The ex-dividend date of this dividend is Friday, January 31st. AGNC Investment’s dividend payout ratio is currently 148.46%.

Institutional Trading of AGNC Investment

Several large investors have recently modified their holdings of the company. Paragon Capital Management Ltd boosted its holdings in shares of AGNC Investment by 3.6% during the 3rd quarter. Paragon Capital Management Ltd now owns 30,717 shares of the real estate investment trust’s stock worth $321,000 after buying an additional 1,071 shares during the period. CIBC Asset Management Inc boosted its holdings in AGNC Investment by 5.3% in the 4th quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust’s stock valued at $197,000 after purchasing an additional 1,075 shares during the period. Armstrong Advisory Group Inc. boosted its holdings in AGNC Investment by 6.6% in the 4th quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust’s stock valued at $170,000 after purchasing an additional 1,150 shares during the period. Garden State Investment Advisory Services LLC boosted its holdings in AGNC Investment by 10.0% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 12,947 shares of the real estate investment trust’s stock valued at $135,000 after purchasing an additional 1,176 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in AGNC Investment by 52.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 1,255 shares during the period. 38.28% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on AGNC. Keefe, Bruyette & Woods dropped their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research note on Wednesday, January 29th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. JPMorgan Chase & Co. dropped their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research note on Monday, December 9th. Wells Fargo & Company dropped 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, Argus upgraded shares of AGNC Investment to a “hold” rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, AGNC Investment has an average rating of “Moderate Buy” and an average price target of $10.50.

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).