AGNC Investment Corp. (NASDAQ:AGNC) Shares Sold by Mainstream Capital Management LLC

Mainstream Capital Management LLC reduced its position in AGNC Investment Corp. (NASDAQ:AGNC) by 51.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,810 shares of the real estate investment trust’s stock after selling 6,237 shares during the period. Mainstream Capital Management LLC’s holdings in AGNC Investment were worth $54,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Financial Life Planners purchased a new stake in shares of AGNC Investment in the fourth quarter valued at $28,000. Point72 Asset Management L.P. purchased a new position in AGNC Investment during the third quarter worth about $32,000. Spire Wealth Management boosted its stake in 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 worth $37,000 after buying an additional 1,972 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in 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 buying an additional 515,148 shares during the period. Finally, Huntington National Bank increased its stake in shares of AGNC Investment by 105.7% during the 3rd quarter. Huntington National Bank now owns 6,705 shares of the real estate investment trust’s stock valued at $70,000 after acquiring an additional 3,445 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at AGNC Investment

In related news, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction 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 of the company’s stock, valued at $766,781.90. The trade was a 6.18 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 transaction of $130,520.00. Following the completion of the transaction, the chief financial officer now owns 372,226 shares in the company, valued at $3,737,149.04. This represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.52% of the company’s stock.

AGNC Investment Stock Down 1.3 %

Shares of NASDAQ AGNC opened at $10.29 on Tuesday. The stock has a fifty day moving average price of $9.82 and a 200 day moving average price of $9.92. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 12-month low of $8.92 and a 12-month high of $10.85. The company has a market cap of $9.42 billion, a P/E ratio of 10.61 and a beta of 1.48.

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%. Research analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Keefe, Bruyette & Woods decreased their target price on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research report on Wednesday, January 29th. Argus upgraded shares of AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, February 25th. Royal Bank of Canada reiterated an “outperform” rating and issued a $11.00 target price on shares of AGNC Investment in a report on Thursday, January 30th. Finally, Wells Fargo & Company lowered their price target on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus 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).