Consolidated Portfolio Review Corp Sells 72,826 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Consolidated Portfolio Review Corp cut its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 40.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 108,918 shares of the real estate investment trust's stock after selling 72,826 shares during the quarter. Consolidated Portfolio Review Corp's holdings in AGNC Investment were worth $1,043,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fourth Dimension Wealth LLC purchased a new stake in shares of AGNC Investment during the fourth quarter valued at $26,000. National Bank of Canada FI boosted its position 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 buying an additional 1,832 shares during the last quarter. CoreCap Advisors LLC boosted its position in shares of AGNC Investment by 34.8% during the fourth quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust's stock valued at $44,000 after buying an additional 1,229 shares during the last quarter. Strategic Investment Solutions Inc. IL boosted its position in shares of AGNC Investment by 150.0% during the fourth 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 during the last quarter. Finally, Front Row Advisors LLC boosted its position in shares of AGNC Investment by 75.0% during the fourth quarter. Front Row Advisors LLC now owns 7,000 shares of the real estate investment trust's stock valued at $65,000 after buying an additional 3,000 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors.

AGNC Investment Stock Performance

NASDAQ:AGNC traded down $0.04 on Friday, hitting $9.28. The stock had a trading volume of 27,870,186 shares, compared to its average volume of 21,971,263. The stock has a market cap of $9.47 billion, a price-to-earnings ratio of 23.20 and a beta of 1.29. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.01. The business's 50-day simple moving average is $9.01 and its two-hundred day simple moving average is $9.44. AGNC Investment Corp. has a 52-week low of $7.85 and a 52-week high of $10.85.

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, topping the consensus estimate of $0.41 by $0.03. AGNC Investment had a return on equity of 20.36% and a net margin of 14.91%. The business had revenue of $846.00 million for the quarter, compared to analysts' expectations of $436.71 million. During the same period last year, the firm posted $0.58 earnings per share. As a group, research analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The business also recently disclosed a jun 25 dividend, which will be paid on Thursday, July 10th. Stockholders of record on Monday, June 30th will be given a dividend of $0.12 per share. The ex-dividend date is Monday, June 30th. This represents a dividend yield of 15.5%. AGNC Investment's payout ratio is currently 360.00%.

Insider Activity

In other news, EVP Kenneth L. Pollack sold 17,500 shares of AGNC Investment stock in a transaction dated Tuesday, April 29th. The stock was sold at an average price of $9.03, for a total transaction of $158,025.00. Following the transaction, the executive vice president now directly owns 447,841 shares of the company's stock, valued at $4,044,004.23. The trade was a 3.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Peter J. Federico sold 48,333 shares of the business's stock in a transaction that occurred on Monday, April 28th. The stock was sold at an average price of $8.88, for a total value of $429,197.04. Following the completion of the transaction, the chief executive officer now directly owns 1,643,088 shares in the company, valued at approximately $14,590,621.44. This represents a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 139,384 shares of company stock valued at $1,228,039 in the last ninety days. Corporate insiders own 0.42% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on AGNC shares. Royal Bank Of Canada dropped their price objective on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 29th. Jones Trading dropped their price objective on AGNC Investment from $10.25 to $9.50 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Wells Fargo & Company dropped their price objective on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Wall Street Zen cut AGNC Investment from a "hold" rating to a "sell" rating in a research report on Tuesday, May 6th. Finally, JPMorgan Chase & Co. dropped their target price on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $9.75.

About AGNC Investment

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).