AGNC Investment Corp. (NASDAQ:AGNC) EVP Sells $71,040.00 in Stock

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) EVP Bernice Bell sold 8,000 shares of the business's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $8.88, for a total value of $71,040.00. Following the sale, the executive vice president now directly owns 374,019 shares of the company's stock, valued at $3,321,288.72. This represents a 2.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

AGNC Investment Stock Performance

NASDAQ AGNC traded down $0.02 on Thursday, reaching $8.81. 30,166,756 shares of the company's stock traded hands, compared to its average volume of 19,401,140. The firm has a market cap of $8.07 billion, a price-to-earnings ratio of 9.08 and a beta of 1.32. The stock has a 50 day moving average price of $9.47 and a 200-day moving average price of $9.64. AGNC Investment Corp. has a fifty-two week low of $7.85 and a fifty-two week high of $10.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23.

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

AGNC Investment Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on AGNC. JPMorgan Chase & Co. cut their price target on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating for the company in a report on Wednesday, April 16th. StockNews.com raised AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. Argus reaffirmed a "hold" rating on shares of AGNC Investment in a research note on Tuesday. Royal Bank of Canada dropped their price objective on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a research note on Tuesday. Finally, JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, AGNC Investment has an average rating of "Moderate Buy" and a consensus price target of $9.96.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Left Brain Wealth Management LLC raised its position in shares of AGNC Investment by 9.9% in the first quarter. Left Brain Wealth Management LLC now owns 44,575 shares of the real estate investment trust's stock worth $427,000 after acquiring an additional 4,000 shares during the period. CWM LLC raised its position in shares of AGNC Investment by 5.5% in the first quarter. CWM LLC now owns 35,589 shares of the real estate investment trust's stock worth $341,000 after acquiring an additional 1,860 shares during the period. New York State Common Retirement Fund raised its position in shares of AGNC Investment by 7.4% in the first quarter. New York State Common Retirement Fund now owns 408,389 shares of the real estate investment trust's stock worth $3,912,000 after acquiring an additional 28,000 shares during the period. Arizona State Retirement System raised its position in shares of AGNC Investment by 11.9% in the first quarter. Arizona State Retirement System now owns 253,916 shares of the real estate investment trust's stock worth $2,433,000 after acquiring an additional 26,948 shares during the period. Finally, Xponance Inc. raised its position in shares of AGNC Investment by 9.3% in the first quarter. Xponance Inc. now owns 48,451 shares of the real estate investment trust's stock worth $464,000 after acquiring an additional 4,112 shares during the period. Institutional investors and hedge funds own 38.28% of the company's stock.

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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