AGNC Investment (NASDAQ:AGNC) Director Sells $237,160.00 in Stock

Key Points

• Director sale: Director Donna Blank sold 22,000 shares on May 6 at an average price of $10.78 for $237,160, trimming her stake by 18.57% to 96,471 shares (≈$1.04M) per an SEC Form 4 filing.
• Dividend announced: AGNC declared a monthly dividend of $0.12 per share (record Apr 30, payable May 11), implying a roughly 13.4% yield and a payout ratio of about 119%.
• Stock and outlook: AGNC traded near $10.73 (down ~0.6%) with a $12.31B market cap, reported an EPS beat of $0.42 vs. $0.36, and carries an average analyst target of about $11.06 with a consensus rating of "Hold."

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) Director Donna Blank sold 22,000 shares of the firm's stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $10.78, for a total value of $237,160.00. Following the completion of the transaction, the director owned 96,471 shares in the company, valued at approximately $1,039,957.38. This trade represents a 18.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

AGNC Investment Trading Down 0.6%

NASDAQ AGNC traded down $0.07 on Thursday, hitting $10.73. 8,939,080 shares of the company traded hands, compared to its average volume of 20,218,895. The company has a market capitalization of $12.31 billion, a price-to-earnings ratio of 8.86 and a beta of 1.35. The business's 50 day moving average price is $10.57 and its 200-day moving average price is $10.73. AGNC Investment Corp. has a 52-week low of $8.65 and a 52-week high of $12.19.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its earnings results on Monday, April 20th. The real estate investment trust reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.06. The company had revenue of ($114.00) million for the quarter, compared to the consensus estimate of $411.57 million. AGNC Investment had a return on equity of 18.31% and a net margin of 39.50%. As a group, sell-side analysts predict that AGNC Investment Corp. will post 1.56 earnings per share for the current year.

AGNC Investment Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, May 11th. Investors of record on Thursday, April 30th will be given a dividend of $0.12 per share. The ex-dividend date is Thursday, April 30th. This represents a c) annualized dividend and a yield of 13.4%. AGNC Investment's payout ratio is 119.01%.

Institutional Investors Weigh In On AGNC Investment

A number of hedge funds have recently made changes to their positions in AGNC. AQR Capital Management LLC lifted its position in shares of AGNC Investment by 51.9% in the first quarter. AQR Capital Management LLC now owns 64,100 shares of the real estate investment trust's stock worth $614,000 after buying an additional 21,897 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of AGNC Investment by 38.4% in the first quarter. NewEdge Advisors LLC now owns 24,941 shares of the real estate investment trust's stock worth $239,000 after buying an additional 6,923 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of AGNC Investment by 16.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,811,782 shares of the real estate investment trust's stock worth $26,937,000 after buying an additional 387,524 shares in the last quarter. Hsbc Holdings PLC lifted its position in shares of AGNC Investment by 57.8% in the second quarter. Hsbc Holdings PLC now owns 37,642 shares of the real estate investment trust's stock worth $346,000 after buying an additional 13,793 shares in the last quarter. Finally, Invesco Ltd. raised its position in AGNC Investment by 8.9% during the second quarter. Invesco Ltd. now owns 2,494,606 shares of the real estate investment trust's stock valued at $22,925,000 after purchasing an additional 203,610 shares during the period. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AGNC. UBS Group lifted their target price on AGNC Investment from $10.50 to $11.00 and gave the company a "neutral" rating in a research report on Friday, April 24th. Wells Fargo & Company boosted their price objective on AGNC Investment from $10.00 to $12.00 and gave the company an "overweight" rating in a research report on Wednesday, January 28th. Wall Street Zen upgraded AGNC Investment from a "sell" rating to a "hold" rating in a research report on Saturday, April 25th. Keefe, Bruyette & Woods restated a "market perform" rating and issued a $12.00 price objective (up from $11.00) on shares of AGNC Investment in a research report on Thursday, January 29th. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a $12.00 price objective on shares of AGNC Investment in a research report on Friday, April 24th. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $11.06.

About AGNC Investment

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC's investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.

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