AGNC Investment Corp. (NASDAQ:AGNC) Shares Sold by Allworth Financial LP

Allworth Financial LP lessened its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 22.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 246,086 shares of the real estate investment trust's stock after selling 71,650 shares during the period. Allworth Financial LP's holdings in AGNC Investment were worth $2,146,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AGNC. Farringdon Capital Ltd. acquired a new position in AGNC Investment in the 4th quarter valued at about $639,000. Wealth Enhancement Advisory Services LLC lifted its stake in AGNC Investment by 96.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 110,113 shares of the real estate investment trust's stock worth $1,014,000 after purchasing an additional 54,049 shares during the last quarter. Sei Investments Co. lifted its stake in AGNC Investment by 10.0% during the fourth quarter. Sei Investments Co. now owns 408,004 shares of the real estate investment trust's stock worth $3,758,000 after purchasing an additional 37,150 shares during the last quarter. KBC Group NV lifted its stake in AGNC Investment by 10.2% in the first quarter. KBC Group NV now owns 33,398 shares of the real estate investment trust's stock valued at $320,000 after buying an additional 3,081 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its stake in AGNC Investment by 14.1% in the first quarter. Wealthcare Advisory Partners LLC now owns 19,991 shares of the real estate investment trust's stock valued at $192,000 after buying an additional 2,465 shares during the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other AGNC Investment news, CEO Peter J. Federico sold 48,333 shares of the firm'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 transaction of $429,197.04. Following the completion of the sale, the chief executive officer owned 1,643,088 shares in the company, valued at $14,590,621.44. This trade represents a 2.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Bernice Bell sold 8,000 shares of the firm's stock in a transaction that occurred on 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 owned 374,019 shares of the company's stock, valued at approximately $3,321,288.72. This trade represents a 2.09% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 139,384 shares of company stock valued at $1,228,039. Corporate insiders own 0.42% of the company's stock.

AGNC Investment Trading Down 0.5%

NASDAQ AGNC traded down $0.05 during trading hours on Friday, hitting $9.40. 15,623,519 shares of the company's stock were exchanged, compared to its average volume of 22,190,959. The business's 50 day moving average is $9.14 and its 200-day moving average is $9.43. AGNC Investment Corp. has a 12-month low of $7.85 and a 12-month high of $10.85. The firm has a market capitalization of $9.59 billion, a P/E ratio of 23.50 and a beta of 1.28. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.28 and a current ratio of 0.28.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. The company had revenue of $846.00 million for the quarter, compared to the consensus estimate of $436.71 million. AGNC Investment had a return on equity of 20.36% and a net margin of 14.91%. During the same period last year, the business posted $0.58 EPS. As a group, analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently announced a jul 25 dividend, which will be paid on Monday, August 11th. Stockholders of record on Thursday, July 31st will be paid a $0.12 dividend. The ex-dividend date is Thursday, July 31st. This represents a dividend yield of 15.2%. AGNC Investment's dividend payout ratio (DPR) is currently 360.00%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AGNC. Jones Trading reduced their price objective on AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Wall Street Zen lowered AGNC Investment from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. UBS Group upped their price objective on AGNC Investment from $8.50 to $9.50 and gave the stock a "neutral" rating in a report on Thursday. Wells Fargo & Company lowered their target price on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Finally, JPMorgan Chase & Co. decreased their price objective on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $9.79.

AGNC Investment 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).