Dark Forest Capital Management LP Sells 213,851 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Dark Forest Capital Management LP decreased its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 56.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 166,078 shares of the real estate investment trust's stock after selling 213,851 shares during the period. Dark Forest Capital Management LP's holdings in AGNC Investment were worth $1,530,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in AGNC Investment by 14.1% during the fourth quarter. Vanguard Group Inc. now owns 83,316,872 shares of the real estate investment trust's stock valued at $767,348,000 after purchasing an additional 10,316,999 shares during the period. Norges Bank bought a new position in shares of AGNC Investment during the 4th quarter worth $87,269,000. PL Capital Advisors LLC increased its holdings in AGNC Investment by 821.0% in the 4th quarter. PL Capital Advisors LLC now owns 5,464,956 shares of the real estate investment trust's stock worth $50,332,000 after acquiring an additional 4,871,584 shares during the last quarter. Raymond James Financial Inc. bought a new stake in AGNC Investment in the 4th quarter valued at about $39,840,000. Finally, Geode Capital Management LLC lifted its holdings in AGNC Investment by 18.8% during the fourth quarter. Geode Capital Management LLC now owns 14,614,721 shares of the real estate investment trust's stock valued at $134,645,000 after purchasing an additional 2,311,105 shares during the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Royal Bank of Canada reissued an "outperform" rating and issued a $11.00 price target on shares of AGNC Investment in a research report on Thursday, January 30th. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. StockNews.com raised AGNC Investment from a "sell" rating to a "hold" rating in a report on Tuesday, February 25th. Argus upgraded AGNC Investment to a "hold" rating in a research note on Tuesday, February 4th. Finally, Keefe, Bruyette & Woods reduced their target price on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $10.11.

AGNC Investment Price Performance

Shares of AGNC traded up $0.13 during trading hours on Friday, reaching $8.85. 36,518,210 shares of the company's stock traded hands, compared to its average volume of 19,122,937. AGNC Investment Corp. has a 12 month low of $7.85 and a 12 month 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 stock has a market cap of $8.10 billion, a PE ratio of 9.12 and a beta of 1.32. The firm's 50 day simple moving average is $9.56 and its 200-day simple moving average is $9.66.

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

AGNC Investment Announces Dividend

The business also recently announced a apr 25 dividend, which will be paid on Friday, May 9th. Shareholders 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 payout ratio is presently 360.00%.

Insider Buying and Selling at AGNC Investment

In other news, Director Frances Spark sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the sale, the director now directly owns 75,919 shares in the company, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the business's stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the completion of the sale, the chief financial officer now owns 372,226 shares of the company's stock, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by company insiders.

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).