AGNC Investment Corp. (NASDAQ:AGNC) CFO Bernice Bell Sells 2,000 Shares

AGNC Investment Corp. (NASDAQ:AGNC) CFO Bernice Bell sold 2,000 shares of the stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $9.45, for a total value of $18,900.00. Following the completion of the sale, the chief financial officer now directly owns 307,973 shares of the company’s stock, valued at approximately $2,910,344.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Bernice Bell also recently made the following trade(s):

• On Thursday, May 2nd, Bernice Bell sold 3,500 shares of AGNC Investment stock. The stock was sold at an average price of $9.32, for a total value of $32,620.00.

AGNC Investment Stock Performance

Shares of AGNC Investment stock opened at $9.54 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26. The stock has a market capitalization of $6.63 billion, a price-to-earnings ratio of 10.48 and a beta of 1.45. The business has a 50-day moving average of $9.53 and a 200 day moving average of $9.29. AGNC Investment Corp. has a 12 month low of $6.81 and a 12 month high of $10.64.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $642.00 million during the quarter, compared to analysts’ expectations of $568.38 million. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. During the same quarter in the previous year, the business posted $0.70 earnings per share. As a group, sell-side analysts forecast that AGNC Investment Corp. will post 2.1 earnings per share for the current year.

AGNC Investment Announces Dividend

The business also recently declared a apr 24 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be given a $0.12 dividend. This represents a yield of 15.4%. The ex-dividend date is Monday, April 29th. AGNC Investment’s dividend payout ratio is currently 158.24%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Keefe, Bruyette & Woods cut their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “outperform” rating for the company in a research report on Wednesday, April 24th. Jonestrading reduced their price target on shares of AGNC Investment from $10.75 to $10.25 and set a “buy” rating on the stock in a research report on Tuesday, April 23rd. Barclays increased their price objective on AGNC Investment from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Monday, January 22nd. Royal Bank of Canada reduced their target price on AGNC Investment from $11.00 to $10.00 and set an “outperform” rating on the stock in a research report on Thursday, January 25th. Finally, JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a report on Thursday, April 18th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $9.79.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in AGNC. MeadowBrook Investment Advisors LLC acquired a new stake in shares of AGNC Investment in the 4th quarter valued at $30,000. Bruce G. Allen Investments LLC purchased a new stake in AGNC Investment during the 4th quarter worth about $37,000. Verity & Verity LLC acquired a new position in shares of AGNC Investment during the 1st quarter worth about $45,000. CENTRAL TRUST Co purchased a new position in shares of AGNC Investment in the 4th quarter valued at about $46,000. Finally, Allworth Financial LP raised its position in shares of AGNC Investment by 76.5% during the 4th quarter. Allworth Financial LP now owns 4,836 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 2,096 shares in the last quarter. Hedge funds and other institutional investors own 38.28% of the company’s stock.

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).