AGNC Investment Corp. (NASDAQ:AGNC) Director Donna Blank Sells 17,218 Shares

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) Director Donna Blank sold 17,218 shares of the business's stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $8.67, for a total transaction of $149,280.06. Following the sale, the director now owns 90,345 shares of the company's stock, valued at $783,291.15. This trade represents a 16.01 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

AGNC Investment Price Performance

Shares of AGNC stock traded up $0.04 on Wednesday, reaching $8.72. The company's stock had a trading volume of 24,647,211 shares, compared to its average volume of 27,357,754. The stock's fifty day simple moving average is $9.33 and its 200-day simple moving average is $9.58. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.85. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $7.98 billion, a price-to-earnings ratio of 8.98 and a beta of 1.30.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its earnings results on Monday, April 21st. The real estate investment trust reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. The firm had revenue of $846.00 million during the quarter, compared to analysts' expectations of $436.71 million. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. During the same quarter in the previous year, the business earned $0.58 EPS. Analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently declared a apr 25 dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 30th will be paid a dividend of $0.12 per share. The ex-dividend date is Wednesday, April 30th. This represents a dividend yield of 17.7%. AGNC Investment's dividend payout ratio is presently 360.00%.

Institutional Trading of AGNC Investment

Several institutional investors have recently added to or reduced their stakes in AGNC. Vanguard Group Inc. grew its position in AGNC Investment by 14.1% in the 4th quarter. Vanguard Group Inc. now owns 83,316,872 shares of the real estate investment trust's stock valued at $767,348,000 after acquiring an additional 10,316,999 shares during the last quarter. Norges Bank purchased a new stake in shares of AGNC Investment in the 4th quarter worth $87,269,000. PL Capital Advisors LLC raised its holdings in shares of AGNC Investment by 821.0% in the fourth quarter. PL Capital Advisors LLC now owns 5,464,956 shares of the real estate investment trust's stock valued at $50,332,000 after acquiring an additional 4,871,584 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in AGNC Investment in the fourth quarter worth about $39,840,000. Finally, Vaughan Nelson Investment Management L.P. increased its position in AGNC Investment by 18.0% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 16,996,741 shares of the real estate investment trust's stock valued at $162,828,000 after purchasing an additional 2,589,020 shares during the period. Institutional investors own 38.28% of the company's stock.

Analysts Set New Price Targets

AGNC has been the subject of several analyst reports. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Royal Bank of Canada decreased their target price on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 29th. StockNews.com cut shares of AGNC Investment from a "hold" rating to a "sell" rating in a research note on Tuesday. Keefe, Bruyette & Woods dropped their target price on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. dropped their price objective on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, AGNC Investment has an average rating of "Moderate Buy" and an average price target of $9.96.

AGNC Investment Company Profile

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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