SG Americas Securities LLC Has $1.08 Million Position in AGNC Investment Corp. (NASDAQ:AGNC)

SG Americas Securities LLC cut its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 45.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,927 shares of the real estate investment trust's stock after selling 94,756 shares during the period. SG Americas Securities LLC's holdings in AGNC Investment were worth $1,082,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of AGNC Investment by 14.1% in 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 acquiring an additional 10,316,999 shares in the last quarter. Geode Capital Management LLC boosted 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 worth $134,645,000 after buying an additional 2,311,105 shares in the last quarter. Norges Bank bought a new stake in AGNC Investment during the fourth quarter worth approximately $87,269,000. Charles Schwab Investment Management Inc. boosted its holdings in AGNC Investment by 8.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust's stock worth $67,690,000 after buying an additional 581,352 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in AGNC Investment by 24.9% during the fourth quarter. Northern Trust Corp now owns 6,378,470 shares of the real estate investment trust's stock worth $58,746,000 after buying an additional 1,273,565 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors.

Insider Activity at AGNC Investment

In related news, Director Donna Blank sold 17,218 shares of the stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $8.67, for a total value of $149,280.06. Following the transaction, the director now owns 90,345 shares in the company, valued at approximately $783,291.15. This represents a 16.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Peter J. Federico sold 48,333 shares of the stock in a transaction that occurred on Friday, April 25th. The stock was sold at an average price of $8.70, for a total value of $420,497.10. Following the completion of the transaction, the chief executive officer now owns 1,691,421 shares in the company, valued at $14,715,362.70. This represents a 2.78% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 139,384 shares of company stock valued at $1,228,039. Insiders own 0.42% of the company's stock.

Wall Street Analysts Forecast Growth

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

AGNC Investment Stock Down 0.2%

Shares of AGNC traded down $0.02 during trading hours on Friday, reaching $9.24. The company's stock had a trading volume of 32,314,776 shares, compared to its average volume of 21,710,286. The company has a 50 day moving average of $8.92 and a two-hundred day moving average of $9.45. 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 firm has a market cap of $9.43 billion, a price-to-earnings ratio of 23.10 and a beta of 1.29. AGNC Investment Corp. has a 1-year low of $7.85 and a 1-year high of $10.85.

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 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. The firm had revenue of $846.00 million for the quarter, compared to analyst estimates of $436.71 million. AGNC Investment had a net margin of 14.91% and a return on equity of 20.36%. During the same quarter in the prior year, the business earned $0.58 EPS. As a group, research analysts predict that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

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

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).