Peter J. Federico Sells 13,500 Shares of AGNC Investment Corp. (AGNC) Stock

AGNC Investment Corp. (NASDAQ:AGNC) CFO Peter J. Federico sold 13,500 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $18.54, for a total value of $250,290.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

AGNC Investment Corp. (NASDAQ AGNC) traded up $0.08 during trading on Tuesday, hitting $18.94. The company had a trading volume of 2,559,157 shares, compared to its average volume of 4,940,000. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.24 and a quick ratio of 0.24. AGNC Investment Corp. has a 12-month low of $17.94 and a 12-month high of $22.34. The firm has a market capitalization of $7,410.00, a P/E ratio of 9.66 and a beta of -0.01.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Wednesday, January 31st. The real estate investment trust reported $0.63 EPS for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.02. AGNC Investment had a return on equity of 12.17% and a net margin of 86.72%. The firm had revenue of $212.00 million during the quarter, compared to the consensus estimate of $204.32 million. During the same quarter in the previous year, the company posted $0.64 earnings per share. analysts expect that AGNC Investment Corp. will post 2.41 EPS for the current fiscal year.

The company also recently announced a feb 18 dividend, which will be paid on Thursday, March 8th. Investors of record on Wednesday, February 28th will be issued a dividend of $0.18 per share. The ex-dividend date is Tuesday, February 27th. AGNC Investment’s dividend payout ratio (DPR) is 110.20%.

Several institutional investors have recently added to or reduced their stakes in the stock. MML Investors Services LLC lifted its holdings in shares of AGNC Investment by 15.6% during the fourth quarter. MML Investors Services LLC now owns 24,859 shares of the real estate investment trust’s stock worth $502,000 after purchasing an additional 3,359 shares during the period. Amundi Pioneer Asset Management Inc. acquired a new stake in shares of AGNC Investment during the fourth quarter worth about $2,534,000. Alliancebernstein L.P. lifted its holdings in shares of AGNC Investment by 4.6% during the fourth quarter. Alliancebernstein L.P. now owns 240,901 shares of the real estate investment trust’s stock worth $4,864,000 after purchasing an additional 10,512 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in shares of AGNC Investment during the fourth quarter worth about $822,000. Finally, WINTON GROUP Ltd lifted its holdings in shares of AGNC Investment by 10.0% during the fourth quarter. WINTON GROUP Ltd now owns 45,575 shares of the real estate investment trust’s stock worth $920,000 after purchasing an additional 4,162 shares during the period. 65.60% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have weighed in on the company. BidaskClub downgraded AGNC Investment from a “sell” rating to a “strong sell” rating in a report on Friday, January 19th. Zacks Investment Research downgraded AGNC Investment from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 17th. Wells Fargo & Co reissued a “market perform” rating and issued a $19.00 price target on shares of AGNC Investment in a report on Friday, December 1st. Bank of America raised AGNC Investment from an “underperform” rating to a “neutral” rating in a report on Thursday, February 1st. Finally, Maxim Group reissued a “buy” rating and issued a $21.25 price target on shares of AGNC Investment in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $20.63.

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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).

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