AGNC Investment Corp. (NASDAQ:AGNC) Shares Sold by DDD Partners LLC

DDD Partners LLC trimmed its position in AGNC Investment Corp. (NASDAQ:AGNC) by 35.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 18,058 shares of the real estate investment trust’s stock after selling 9,864 shares during the period. DDD Partners LLC’s holdings in AGNC Investment were worth $166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Life Planners acquired a new position in shares of AGNC Investment in the fourth quarter valued at about $28,000. Point72 Asset Management L.P. purchased a new stake in AGNC Investment in the third quarter valued at approximately $32,000. Blue Trust Inc. increased its holdings in AGNC Investment by 315.9% in the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 2,966 shares during the period. Spire Wealth Management raised its position in AGNC Investment by 94.5% during the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 1,972 shares during the last quarter. Finally, Strategic Financial Concepts LLC lifted its stake in AGNC Investment by 775.6% during 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 acquiring an additional 515,148 shares during the period. Hedge funds and other institutional investors own 38.28% of the company’s stock.

AGNC Investment Stock Up 1.1 %

AGNC Investment stock opened at $10.43 on Monday. 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 $9.24 billion, a PE ratio of 10.75 and a beta of 1.48. The business has a 50 day simple moving average of $9.63 and a 200-day simple moving average of $9.89. AGNC Investment Corp. has a 12 month low of $8.92 and a 12 month high of $10.85.

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

AGNC Investment Dividend Announcement

The company also recently disclosed a feb 25 dividend, which will be paid on Tuesday, March 11th. Investors of record on Friday, February 28th will be issued a $0.12 dividend. This represents a yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment’s payout ratio is 148.45%.

Insiders Place Their Bets

In related news, CFO Bernice Bell sold 13,000 shares of the business’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 transaction of $130,520.00. Following the completion of the sale, the chief financial officer now directly owns 372,226 shares in the company, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frances Spark sold 5,000 shares of the firm’s stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the transaction, the director now owns 75,919 shares in the company, valued at $766,781.90. The trade was a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.52% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

AGNC has been the subject of several recent research reports. Argus raised shares of AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. Keefe, Bruyette & Woods reduced 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. Wells Fargo & Company lowered their target price on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price 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).