Bramshill Investments LLC Sells 70,093 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Bramshill Investments LLC cut its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 30.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 159,373 shares of the real estate investment trust's stock after selling 70,093 shares during the period. AGNC Investment accounts for approximately 0.2% of Bramshill Investments LLC's portfolio, making the stock its 28th largest position. Bramshill Investments LLC's holdings in AGNC Investment were worth $1,468,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Financial Life Planners bought a new stake in shares of AGNC Investment during the 4th quarter valued at $28,000. National Bank of Canada FI increased its stake in shares of AGNC Investment by 112.7% during the fourth quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 1,832 shares in the last quarter. Spire Wealth Management boosted its position in shares of AGNC Investment by 94.5% in the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 1,972 shares in the last quarter. Strategic Investment Solutions Inc. IL increased its position in AGNC Investment by 150.0% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 5,000 shares of the real estate investment trust's stock valued at $46,000 after buying an additional 3,000 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its stake in AGNC Investment by 775.6% during the fourth quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust's stock valued at $54,000 after buying an additional 515,148 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other AGNC Investment news, CEO Peter J. Federico sold 48,333 shares of the firm's stock in a transaction dated Friday, April 25th. The shares were sold at an average price of $8.70, for a total value of $420,497.10. Following the completion of the sale, the chief executive officer now owns 1,691,421 shares of the company's stock, valued at $14,715,362.70. This trade represents a 2.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Donna Blank sold 17,218 shares of the company'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 value of $149,280.06. Following the transaction, the director now directly owns 90,345 shares in the company, valued at approximately $783,291.15. This represents a 16.01 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,384 shares of company stock valued at $1,228,039 in the last three months. Corporate insiders own 0.42% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on AGNC shares. JPMorgan Chase & Co. cut their price objective on shares of AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Keefe, Bruyette & Woods dropped their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research report on Wednesday, January 29th. Wells Fargo & Company lowered their target price on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Jones Trading reduced their price target on shares of AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Finally, Royal Bank of Canada lowered their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $9.96.

AGNC Investment Price Performance

AGNC traded up $0.04 on Wednesday, hitting $8.72. 24,662,674 shares of the company's stock traded hands, compared to its average volume of 19,665,647. The company's 50 day simple moving average is $9.30 and its 200-day simple moving average is $9.58. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a one year low of $7.85 and a one year high of $10.85. The firm has a market cap 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 released its earnings results on Monday, April 21st. The real estate investment trust reported $0.44 EPS for the quarter, topping the consensus estimate of $0.41 by $0.03. The firm had revenue of $846.00 million for 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 quarter in the previous year, the firm earned $0.58 earnings per share. As a group, research analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The company also recently announced a may 25 dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 30th will be issued a $0.12 dividend. AGNC Investment's dividend payout ratio (DPR) is 360.00%.

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).